Cathay Pacific has returned to profitability for the first time since the pandemic, reporting a HK$4.763 billion net profit for the first half year of 2023. The carrier recovered strongly after travel restrictions in Hong Kong and China were lifted,…
While air traffic in China has seen a strong recovery year on year with a 312 percent increase in domestic flying in May, this is not immediately reflected in the financial results of the major Chinese carriers. China Eastern, China…
China’s Big Three airlines significantly improved their financial results in Q1, thanks to the unexpected termination of the country’s zero-Covid policy in December. The resumption of (air) travel spurred demand and helped Air China, China Eastern Airlines, and China Southern…
Royal Jordanian wants to grow its widebody fleet with three leased Boeing 787-9s while it continues negotiations with Boeing on the purchase of more aircraft. The carrier shared the fleet plans in its 2022 annual report that was published recently. In…
2023 began with a bang for Latin American carriers. We have seen almost everything in these first three months. From the announcement of new airlines to the cease of operations of three –possibly four– operators in the region, it has…
American Airlines’ predictions for a strong Q4 of FY2022 came true, as it produced a good final three months with an $803 million net profit for the December quarter. But the full-year profit of $127 million has been affected by the…