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The profitability of turboprop maker ATR continues to improve year-on-year. Although it still ended with an operating loss of €-4.0 million in the first nine months, this is significantly better than €-25 million in the same period of 2021. The results…
The steady recovery of air travel in and to Japan helped Japan Airlines (JAL) to report its first operating and net profit in Q2 of its financial year 2022. But the six-month result still shows a net loss. As such, JAL…
Finnair produced its first operating profit since Q3 2019, but the net result is still negative. The €35 million EBIT is also leaning heavily on seasonal effects, with the summer traditionally being the strongest period. Increasing costs confirm the need for…
“Unforeseen challenges” as the effects of the war in Ukraine and higher fuel prices have largely negated airBaltic higher revenues in the first six months. The carrier of the Baltic States reported a €-59.3 million net loss, almost identical to the…
Higher revenues, more passengers, but still a lower net result. That describes the fiscal year 2019 for Air France-KLM. The Franco-Dutch airline group recorded a net income in 2019 of EUR 290 million compared to 420 million in 2018 (a…