Tag swings

Airlines

Turkish Airlines swings back into profit after one year in red

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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…

Richard Schuurman
March 1, 2022

Airlines

American swings back into Q4 loss in volatile year

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…

Richard Schuurman
January 20, 2022