SITA sees Africa’s airport operations digitization as key to securing economic recovery
SITA sees digitization of Africa’s airport operations as key to securing economic recovery
Tag Recovery
Emirates expects a return to profitability but prepares for headwinds
High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022 The Dubai-based airline reported its second net loss in a row for FY2021/2022, with an…
Air France-KLM bullish about recovery in coming quarters
Air France-KLM is on track for a strong recovery to profitability and will produce ‘a significantly positive’ operating result in the third quarter. After suffering deep losses in the past couple of Covid-years, the airline group reduced its Q1 net…
Icelandair bullish on strong summer but cautious after that
Icelandair is preparing for a strong summer that should accumulate net profits for the second and third quarters, but the outlook after that remains uncertain. Therefore, the carrier isn’t offering full-year guidance, it said on April 29 in its Q1…
Frontier bullish on recovery
Frontier bullish on recovery
Turkish Airlines benefits from jump in capacity
Turkish Airlines produced a strong first quarter of 2022, benefitting from pent-up demand and a sharp increase in capacity. This translated into a $161 million net profit, up from $61 million in Q1 2021, the airline reported on April 28.…