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 are included in...
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 performed worse than its rival ANA. Japan...
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 Finnair’s...
“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 result in HY 2021...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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