Singapore Airlines significantly reduced its losses last year, thanks to the reopening of borders in key markets and the resultant recovery in demand. Forward bookings for this summer are almost back to 2019 levels but high fuel prices and inflation are a concern, the...
UPDATE – United Airlines is bullish about its future outlook and expects to return to full-year profitability again in 2022. It reported a $1.4 billion loss for Q1 on April 20, but Q2 is promising to produce a robust operating revenue. United expects full-year...
Despite continued travel restrictions within the Asia Pacific region, Korean Air has returned to profit in 2021. The carrier benefitted in particular from strong cargo revenues, which increased by almost sixty percent year-on-year, it reported in January 27. Operating...
Wizz Air is likely to incur over a half billion loss for its full financial year 2022 as it expects the current fourth quarter to suffer an even higher loss than in Q3. The ultra-low-cost from Central Eastern Europe reported a €213.6 million operating loss for the...
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