Singapore Airlines to give staff eight months’ salary bonus after record profit
All Singapore Airlines staff will receive eight months’ worth of salary as bonus after the Singapore Airlines Group…
profit
14 articles
Articles related to the profits made by airlines, aircraft manufacturers, or other entities in the aviation industry.
Singapore Airlines posts record profits amid soaring demand
Singapore Airlines has posted record half-year profits due to soaring demand for air travel in the Asia-Pacific region. The…
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)…
Cargo demand helps Korean Air increase Q2 operating profit
Air cargo demand and a gradual rebound in passenger traffic has helped Korean Air increase its operating profit…
Air France-KLM returns to profit, aims to increase capacity to 90% 2019 levels
Air France-KLM reported a $394 million operating profit for the second quarter of 2022, an increase of $1,17…
Surge in demand for spare parts helps Safran post $1.1 billion profit
French aircraft engine supplier Safran posted higher than expected earnings for the first half of 2022. While supply…
flydubai records $229 million profit in 2021, hints at fleet expansion
flydubai announced its annual results for the financial year 2021, reporting a $229 million profit as the industry continues…
Thai Airways records first full-year net profit since 2016
Thai Airways International reported a full-year consolidated net profit in 2021, its first in five years. In its latest…
No Christmas cheer for Ryanair as Omicron prompts profit warning, flight cuts
Europe’s largest low-cost carrier, Ryanair, is feeling the effects of the Omicron variant of the COVID-19 virus, issuing…
Cargo revenues and profit reach historic levels in 2021
The cargo industry is poised to record its second consecutive year of historic revenues and profit levels in…
Federal aid helps Southwest Airlines to post Q3 profit
Southwest Airlines (LUV) turned a profit in the third quarter of 2021, despite a drop in passenger traffic…
United reports Q3 profit as travel demand rebounds
United Airlines reported a net income of $473 million in the third quarter of 2021, citing a rebound…
Australian Alliance Airlines boasts record profit
Australian airline Alliance Airlines reported a record profit for FY 2021.Company’s statutory profit before tax is $48.3 million,…
Boeing reports first profit in two years
An increase in global vaccinations and the resurgence of travel bookings catalysed Boeing’s 737 MAX sales. On June 30,…