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Turkish Airlines surprises with $2.7 billion profit

Turkish Airlines surprises with $2.7 billion profit

by Richard Schuurman | Mar 1, 2023 | Airlines | 3 comments

Turkish Airlines surprised with a $2.7 billion net profit for 2022, one of the highest seen within the industry so far and not even matched by the three US carriers. The carrier is citing strong revenue development that saw last year outpace 2019 at every level....
IndiGo reports record revenues in Q3 FY23

IndiGo reports record revenues in Q3 FY23

by Ashwini Phadnis | Feb 3, 2023 | Airlines | 0 comments

Delhi-based low-cost airline IndiGo has reported a net profit of Rs 14.2 billion for the quarter that ended December 31, 2022, as compared to a net profit of Rs 1.29 billion in the same quarter previously, the airline informed the stock exchange today. The airline’s...
Operating profit Singapore Airlines reaches new high

Operating profit Singapore Airlines reaches new high

by Richard Schuurman | Nov 4, 2022 | Airlines | 0 comments

Singapore Airlines reported record-high operating profits for its second quarter and HY1, in line with the results at many other airlines in the last few weeks. SIA’s recovery accelerated further in the second quarter (June-September) on the back of a strong Q1 and is...
Record revenues but lower Q3 profit for Delta Airlines

Record revenues but lower Q3 profit for Delta Airlines

by Richard Schuurman | Oct 13, 2022 | Airlines | 0 comments

UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it saw expenses soar, it...
Ampaire set a record for hybrid electric flight

Ampaire set a record for hybrid electric flight

by Ernest Arvai | Jul 24, 2022 | Aerospace, Ampaire | 0 comments

Ampaire set a record for the longest non-stop flight every made by a hybrid-electric aircraft on its way to EAA Air Venture 2022. The flight to Oshkkosh included an 1,135 nautical mile segment from Mojave, California to Hays, Kansas, followed by a 660 mile flight the...
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