airBaltic reduced its net loss for the first nine months of 2022 by half, thanks to the recovery of air travel in the past months. But the airline from the Baltic States is feeling the effects of the war in Ukraine and the geopolitical effects in the region. airBaltic...
easyJet will present its full-year results for FY22 only on November 29, but in a trading update released today, it anticipates to significantly reduce its year-on-year loss. The headline loss before tax is expected to be between £-170 and £-190 million, which...
Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right now, the...
UPDATE – Despite improving its margins, Boeing Commercial Airplanes continues to be loss-making in HY1 and Q2. Revenues were higher thanks to more MAX deliveries, but the continued delivery pause of the 787 continues to affect income and cash flow. Boeing...
Singapore Airlines significantly reduced its losses last year, thanks to the reopening of borders in key markets and the resultant recovery in demand. Forward bookings for this summer are almost back to 2019 levels but high fuel prices and inflation are a concern, the...
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