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Kenya Airways forecasts 20 percent rise in revenue in 2022

Kenya Airways forecasts 20 percent rise in revenue in 2022

by admin | Feb 16, 2022 | Airlines | 0 comments

One of Africa’s biggest airlines, Kenya Airways narrows losses occasioned by the COVID-19 pandemic as the carrier expects a 20 percent in revenue in 2022, according to its CEO Allan Kilavuka. The carrier in which the government has a 48.9 percent stake saw revenue go...
Revenue fall widens Garuda’s loss for nine-month period

Revenue fall widens Garuda’s loss for nine-month period

by Firdaus Hashim | Dec 1, 2021 | Airlines, Garuda | 0 comments

A fall in revenue from the passenger and other segments were the primary cause of a widening loss at the financially troubled Garuda Indonesia for the nine-month period to 30 September 2021. Operating loss came in at $1.67 billion, a 52.7% year-on-year rise as...
Singapore Airlines’ Q2 loss grows as higher cost outpaces revenue growth

Singapore Airlines’ Q2 loss grows as higher cost outpaces revenue growth

by Firdaus Hashim | Nov 11, 2021 | Airlines, Singapore Airlines | 0 comments

Singapore Airlines (SIA) posted a larger second-quarter loss despite a gradual recovery in passenger traffic and strong performance from the cargo business, due to a higher operating expenditure. As a result, operating loss for the quarter ended 30 September came in...

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