Qatar Airways returned to profitability for the first time since 2017 and reported its highest-ever profit for FY21/22 at QAR 5.6 billion ($1.54 billion). According to the airline, this is 200 percent above its highest historical profit in 2016 and comes in a year...
In a year of deep restructuring and debt-shedding, Philippine Airlines has turned a loss into a solid in 2021. The carrier reported a Ps 60.6 billion net profit after tax, compared to a Ps 73.1 billion loss in the previous year, it reported on April 6. Philippine...
Vietjet Air posted an operating profit of VND 103 billion during the third quarter of 2021, reversing the VND 928 billion operating loss for the same quarter last year, as costs declined significantly at the Vietnamese low-cost carrier. The carrier’s results, released...
Competition on the lucrative United States-Nigeria route is set to have begun as United Airlines November 30 resumed flight services to Lagos. The airline will battle Delta Airlines for a huge market share on the route and may look to expand services to other cities...
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