Lufthansa Group turns in solid third quarter
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Pegasus Airlines produces a strong quarter with a record operating margin
Turkish low-cost Pegasus Airlines returned to profitability in Q2 compared to last year and also produced a record-high operating margin of 33.6 percent. The airline benefited from strong demand but is warning that the exceptionally high unit revenues from 2022 are…
AirAsia X continues to recover quarter by quarter
Malaysian long-haul low-cost AirAsia X is on the way back to recovery, reporting improvements in revenues, profits, and costs after some very difficult years during the Covid crisis. The carrier expects to benefit this year from the relaunch of its most…
Philippine Airlines produces another profitable quarter
Philippine Airlines (PAL) continues to recover from the pandemic, reporting its third profitable quarter in a row. Philippine Airlines produces another profitable quarter. The parent company PAL Holdings produced a PHP 4.9 billion ($86.8 million) operating income during Q3. The…
Continued Recovery – GAMA 2nd Quarter Data
Continued recovery for general and business aviation is illustrated by recent shipment results for business aircraft. GAMA, the General Aviation Manufacturers Association, reported second quarter shipments for the industry today. Single engine aircraft, both piston and turboprop, are exceeding pre-pandemic…
A complex quarter for Brazilian airlines
Azul Linhas Aéreas, GOL Linhas Aéreas, and LATAM had a difficult first half of the year, fueled by a complex quarter for the Brazilian airlines due to rising costs, currency volatility, and economic uncertainty. Nonetheless, they also found hope in…