SAS Scandinavian Airlines ended the busy summer July quarter with its first profit since Q4 FY19, reporting a SEK 461 million net profit for Q3. This is a clear sign that the airline is on the right track to recovery,…
Finnair produced its third consecutive profitable quarter in Q1 and excepts revenues and EBIT to improve significantly year on year. Yet, the carrier remains cautious about the longer-term outlook and its operating environment. Finnair pleased with Q1 but remains cautious.…
Vistara CEO Vinod Kannan declines to get into specific numbers on the net profit, which the airline declared for the quarter that ended December last year on Monday. The only thing Kannan said was that the profit was excluding unrealized…
The future of South African Airways (SAA) remains blurred. While the government stresses that the takeover deal with Takatso Consortium for a 51 percent share is not at risk, other reports state that the consortium has yet to raise the…
US airline traffic remained stalled through Labor Day, as demand for the second half of 2022 has not increased to pre-pandemic levels as once expected. The chart below, using TSA data, shows 2022 traffic in red, compared with 2019 traffic…
Ryanair ended the first quarter of its financial year 2023 with a profit, the first one since Q1 FY2020. Revenues soared, but the Irish low-cost isn’t comfortable about how the rest of FY23 could be panning out as new Covid…