Delta Air Lines is very pleased with its 2022 result as it turned a $-940 million Q1 loss into a $1.318 billion full-year profit and made good progress in restoring the balance sheet. Forget the Covid years 2020 and 2021,…
AirAsia expects to launch operations of a new joint-venture airline in Cambodia in late 2023. The Malaysian low-cost airline Group, which is part of Capital A, has signed a joint-venture agreement with Cambodia’s Sivilai Asia on December 9. AirAsia Cambodia…
Air New Zealand has upped its first half-year guidance, expecting higher earnings thanks to the continued strong demand on both its domestic and international network. A helping factor is a decline in fuel prices, the airline said in a trading…
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…
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…
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…