European low-cost carrier easyJet significantly reduced its losses in FY22, thanks to a strong summer that produced a record-high EBITDAR. For FY23, the airline will try to focus on its key markets to build back to pre-pandemic levels. And it will introduce Wi-Fi...
On the back of a busy summer, Kuwait’s low-cost Jazeera Airways produced favorable results in Q3 and an even stronger nine-month profit. At 1.1 million, the airline carried the highest number of passengers in a single quarter, it reported on October 31. Jazeera...
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....
Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right now, the...
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