Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October…
UPDATE – Qantas CEO Alan Joyce is optimistic that his airline will be granted the full acquisition of Alliance Airlines. The Australian Competition and Consumer Commission (ACCC) raised concerns in an interim ruling in August, but Joyce thinks the commission…
US airlines are seeing their margins recover. Take a look at the chart below to see the V recovery everyone wanted. Click on any airline to see how each one is doing. The forecast (5-year outlook , 12-point seasonality, 99%…
AirAsia Aviation Group expects to recover to full capacity by the second quarter of 2023. The low-cost airline group of four airlines has seen a strong recovery in Q2 this year, which has continued into August. AirAsia reaffirmed its order for…
Qantas CEO Alan Joyce isn’t the first to have used these words in the context of airline operations and profitability, but the financial year 2022 which closed on June 30 has been “extremely challenging” for the Australian airline group. Qantas…
Continued recovery for general and business aviation is illustrated by second quarter 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…