LATAM Airlines Group celebrated its return to the New York Stock Exchange (NYSE) today with the symbolic Ring the Bell ceremony. This re-listing marks a key moment in the airline’s recovery from the financial turbulence brought on by the pandemic.…
Wizz Air turned around a HY1 loss into a solid profit, reporting a net profit for March-September of €400.7 million. Its Q2 profit was up five times on that of the same period. In the coming months, the Geared Turbofan issues…
Japan Airlines (JAL) has ended a loss-making period during the pandemic and produced both an operating and net profit for the first six months of FY23. The airline has raised its full-year guidance. JAL reported a net profit attributable to…
The Federal Aviation Administration (FAA ) has upgraded Mexico‘s aviation safety rating back to Category 1 after spending nearly 28 months in Category 2. Great news for the Mexican aviation industry With Mexico’s return to the highest safety level, local…
TAP Air Portugal returned to profitability for the first time since 2017, ending 2022 with a strong fourth quarter and the full year with a small profit. The airline is seeing the first positive effects of the transformation plan but…
UPDATE – Lufthansa Group returned to profitability in 2022 and has left the Covid-crisis behind it. The airline group reported a consolidated net profit of €791 million, which puts its ahead of its main European rivals Air France-KLM (€728 million) and International…