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FY23 can only get better for Air New Zealand

FY23 can only get better for Air New Zealand

by Richard Schuurman | Aug 24, 2022 | Airlines | 0 comments

After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the risk of a global...
easyjet reduces HY1 loss and sees recovery in HY2

easyjet reduces HY1 loss and sees recovery in HY2

by Richard Schuurman | Apr 12, 2022 | Airlines | 0 comments

On the back of a better than expected first half-year of its FY22, easyjet is predicting a headline loss before tax of £535-565 million. This is an improvement over last year. With strong forward bookings, capacity should be almost back to 2019 levels for this summer,...
FY23 can only get better for Air New Zealand

Air New Zealand to raise 2.2 billion to bolster financial position

by Richard Schuurman | Mar 30, 2022 | Airlines | 0 comments

Air New Zealand has disclosed details of its planned recapitalization, which should help it recover from the effects of the two-year Covid-crisis that hit the airline deeply. With the new NZ$2.2 billion package, Air New Zealand wants to repay an existing government...
Cathay reduces losses in “extremely challenging” year

Cathay reduces losses in “extremely challenging” year

by Richard Schuurman | Mar 9, 2022 | Airlines | 0 comments

Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay Pacific is in...
Qantas sees some stabilization after difficult HY1

Qantas sees some stabilization after difficult HY1

by Richard Schuurman | Feb 24, 2022 | Airlines | 0 comments

The road to recovery has some way to go, but the situation around Covid seems to be stabilizing to offer Qantas the chance to recover strongly in the next few months. Domestic capacity should be back to 90-100 percent before the summer, and international capacity to...
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