easyJet sees surge in revenue with ‘strong booking momentum into summer’
The low-cost carrier easyJet has posted encouraging financial results as the airline hopes to return to pre-pandemic levels…
financial results
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Stay informed about financial results in the aviation industry. Explore articles and news about the financial outcomes, profitability, and any updates.
SriLankan Airlines says reports of million-dollar losses are ‘misleading’
The national flag carrier, SriLankan Airlines, has said that reports of million-dollar losses are misleading and the company…
Air Arabia nets record AED 1.2 billion profit, doubles 2022 passenger numbers
Air Arabia has announced a record net profit for FY22 of AED 1.2 billion ($326.7 million), an increase…
Embraer Q3 results: Defense revenue down, commercial jets up
Brazilian regional jet manufacturer Embraer has reported a net loss of over $30.2 million in its consolidated Q3…
Wizz Air says operational performance has normalized, eyes more winter flying
Wizz Air set a new record for daily flights and quarterly passenger numbers in summer 2022, despite being…
Japan Airlines returns to quarterly profit, boosts revenue target
Business is “steadily recovering” at Japan Airlines (JAL), with the airline posting its first quarterly profit since the…
Boeing seeks to “derisk” China, remarket aircraft to other airlines
China remains a headache for Boeing. The US aerospace giant is taking steps to “derisk” its business there…
Transatlantic strength makes Lufthansa confident on travel demand
Record cargo profits, good demand on transatlantic routes and pent-up travel demand. After a profitable third-quarter, Lufthansa (LHAB)…
Heathrow says demand unlikely to return to pre-pandemic levels for years
London Heathrow, the UK’s largest airport, cautioned that demand is unlikely to return to pre-COVID levels for “a…
Lockheed posts better than expected Q3 revenue, helped by higher F-35 sales
Lockheed Martin reported higher-than-expected third-quarter revenue despite the problems with F-35 production. The company’s net earnings reached almost…
Lufthansa says travel demand remains strong and increases financial targets
Another major European carrier says financial results will be better than expected. German flag carrier Lufthansa (LHAB) (LHA)…
Qantas says operations, finances getting back to normal
After a tricky few months with cancellations and grounded aircraft, Qantas says its operations are back to the…
Strong bookings set to help Air New Zealand to six-month profit
Bookings for New Zealand travel are doing well and Air New Zealand is expecting a return to profit,…
SAS, hit by strikes and Chapter 11, prepares to recruit staff for summer 2023
SAS is preparing to take on substantially more staff for summer 2023, expecting an increase in demand. Many airlines…
Despite another loss, Qantas eyes a new route and A330 replacements
Australian flag carrier Qantas has racked up cumulative losses of almost AUD7 billion ($4.8 billion) from the pandemic…
KQ cuts half-year losses, posts record cargo performance
Kenya Airways (KQ) has cut its losses by 31.5% in the half-year financial results with the airline posting…
Air New Zealand eyes first year of uninterrupted passenger flying since pandemic
Air New Zealand declared it is in the ‘revive’ phase following the COVID-19 pandemic, with booking levels high…
AirAsia X prepares to reactivate its fleet and network after pandemic
AirAsia X is continuing to rebuild its network after the COVID-19 downturn, planning to commence new long-haul flights…