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IndiGo reports record revenues in Q3 FY23

IndiGo reports record revenues in Q3 FY23

by Ashwini Phadnis | Feb 3, 2023 | Airlines | 0 comments

Delhi-based low-cost airline IndiGo has reported a net profit of Rs 14.2 billion for the quarter that ended December 31, 2022, as compared to a net profit of Rs 1.29 billion in the same quarter previously, the airline informed the stock exchange today. The airline’s...
Southwest’s meltdown continues to impact revenues in January and February

Southwest’s meltdown continues to impact revenues in January and February

by Richard Schuurman | Jan 26, 2023 | Airlines | 0 comments

Increased flight cancelations and fewer bookings for January and February will have a negative revenue impact of between $300 and $350 million in Q1 2023 for Southwest Airlines. This is the after-effect of the Christmas period when the US airline suffered a...
United expects strong recovery to withstand headwinds

United expects strong recovery to withstand headwinds

by Richard Schuurman | Oct 18, 2022 | Airlines | 0 comments

UPDATE – United Airlines expects that the strong recovery of air travel will overcome inflationary pressures to produce a very good final quarter of 2022, with the adjusted operating margin beating that of 2019 for the first time since the start of the pandemic....
Record revenues but lower Q3 profit for Delta Airlines

Record revenues but lower Q3 profit for Delta Airlines

by Richard Schuurman | Oct 13, 2022 | Airlines | 0 comments

UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it saw expenses soar, it...
Profit and revenues Air Arabia up tenfold

Profit and revenues Air Arabia up tenfold

by Richard Schuurman | Aug 10, 2022 | Airlines | 0 comments

Air Arabia and its subsidiaries produced a strong first six months of 2022, reporting a net profit and revenues that were tenfold those of the same period last year. Geopolitical issues and higher fuel costs had their effect, but the carrier still performed well....
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