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Qantas sees huge turnaround – unveils A350 cabins

Qantas sees huge turnaround – unveils A350 cabins

by Richard Schuurman | Feb 22, 2023 | Airlines | 0 comments

It’s not just happy faces Down Under at Air New Zealand, but at Qantas too. The Australian carrier also returned to profitability in HY1 of FY23, reporting an underlying profit before tax of $1.428 billion versus a $-1.277 billion loss in the same period of FY22. CEO...
Finnair sees brighter future behind the clouds

Finnair sees brighter future behind the clouds

by Richard Schuurman | Feb 15, 2023 | Airlines | 0 comments

Thanks to the market developing more positively, Finnair expects this year’s unit revenues to be better than previously anticipated. Key markets in Japan and China have re-opened and should no longer be affected by travel restrictions after the summer. Still,...
Spirit Airlines sees red after legal and advisory fees

Spirit Airlines sees red after legal and advisory fees

by Richard Schuurman | Feb 6, 2023 | Airlines | 0 comments

UPDATE –  Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million profit. Full-year, the ultra-low-cost US airline wrote deep red numbers with a $-554.2 million reported net...
Entebbe International sees strong recovery during 2022

Entebbe International sees strong recovery during 2022

by Michael Wakabi | Jan 19, 2023 | Airlines | 0 comments

Entebbe International Airport made a strong rebound in 2022, closing the year at 87 percent of the international passengers registered in 2019.  Full-year traffic data published by the Uganda Aviation Authority in the coming days indicates that the facility saw...
Qantas CEO sees solid case for Alliance acquisition

Qantas CEO sees solid case for Alliance acquisition

by Richard Schuurman | Oct 6, 2022 | Airlines | 0 comments

UPDATE – Qantas CEO Alan Joyce is optimistic that his airline will be granted the full acquisition of Alliance Airlines. The Australian Competition and Consumer Commission (ACCC) raised concerns in an interim ruling in August, but Joyce thinks the commission...
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