UPDATE – After only one loss-making year during the pandemic, Turkish Airlines has swung back to profitability in 2021. The carrier reported a profit of $959 million compared to an $836 million loss in 2020. Last year’s result is even better than that of 2019...
UPDATE – American Airlines has swung back into a net loss in the final quarter of 2021. After its best quarter ever in Q3 with a $169 million net profit, Q4 ended in red with a $931 million net loss. The carrier blames the result on ‘volatility’: periods with...
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