Spirit Airlines has reported a net loss of $2.3 million, or a net loss of $0.02 per diluted share, for the second quarter of 2023. Excluding special items, adjusted net income for the second quarter 2...
Ecotricity founder, Dale Vince, has announced the launch of Ecojet, dubbed the world’s first electric airline, powered by renewable energy. Ecojet’s fleet will comprise conventional planes retrofitted...
JetBlue and Air Serbia have signed a new codeshare agreement with JetBlue placing its ‘B6’ airline code on Air Serbia-operated nonstop flights from New York’s John F. Kennedy International Airport (JF...
Wizz Air reported an operating profit of €79.9 million in first quarter as compared to loss of €284.5million citing soaring demand for travel and record passenger numbers. Revenue climbed 53% to €1.2b...
Lufthansa Group reported second quarter (Q2) revenue at €9.4bn with an increase of 17% over Q2 of 2022. The Group had reported a revenue of €8bn in Q2, 2022. The operating result (adjusted EBIT) incre...
Korean Air achieved a revenue of KRW 3.5354 trillion ($2.693 billion) in its second fiscal quarter, a 6% year-on-year increase following the strong recovery of travel demand. The airline posted a mode...
SAUDIA has expanded its fleet with the addition of new aircraft type, Airbus A321neo as a part of airline’s expansion plan of adding another 20 A321neos to its fleet by 2026 Ibrahim Koshy, chief execu...
LATAM Airlines Group reported a net profit of $145 million in the second quarter ending June (Q2), with passenger operations seeing an impressive 28.4% increase compared to 2022 and low fuel costs. To...
Air India is expected to post a loss of INR 140bn as of end-FY23, which includes write-offs on old jets and engines. Tata Sons had invested an estimated INR 130bn in Air India in FY23 through its whol...
American Airlines Group's credit rating has been upgraded to B+ by S&P Global. The rating agency said that the upgrade action followed the airline's "sharp improvement" in its credit measures througho...
Wizz Air has signed a firm contract for an additional 75 A321neo Family aircraft, taking its total order for the largest member of the Airbus single aisle to 434, and for Wizz’s A320 Family overall t...
Wizz Air carried 6,028,939 passengers in July 2023, representing a 26.6% increase compared to July 2022, at a load factor of 94.9%. The airline launched its latest route to Erbil, the capital city of ...
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