Xfly posts loss for 2020
Xfly has stated that its losses for the pandemic year 2020 were “smaller than expected”, mainly due to immediate and comprehensive measures to adjust the cost base to remaining revenues and production...
Xfly has stated that its losses for the pandemic year 2020 were “smaller than expected”, mainly due to immediate and comprehensive measures to adjust the cost base to remaining revenues and production...
Package holiday company TUI has reported high demand for holidays and 1.5 million additional bookings for summer 2021 since May. As a result, TUI has reported a return to positive cashflow before fina...
Mesa Air Group has reported pre-tax income of $5.8 million for the third quarter fiscal 2021, compared to $4.9 million for Q3 2020. Mesa's Q3 2021 results reflect net income of $4.3 million, or $0.11 ...
2021 has begun with a record start, with sales of Vista Group’s subscription products at all-time highs during the first half of the year. VistaJet sold over 8,000 new annual subscription hours, an in...
The African continent continues to witness a significant increase in number of Covid 19 cases, shows new data from the African Airlines Association. The situation seems to be getting out of control e...
US aviation broker Air Exchange has taken legal action against Italian start up airline Ego Airways for breach of contract. The claim, brought in Milan, Italy, is for damages in excess of US$250,000 r...
AirAsia Group Berhad (AAGB) has received gross proceeds of US$ 56.83 million (MYR 239.98 million) from the merger between Fly Leasing Limited (Fly Leasing) and Carlyle Aviation Partners. Prior to the ...
Copa Holdings has reported a net profit of US$28.1 million for the quarter or US$0.66 per share. Excluding special items, the company would have reported a net loss of US$16.2 million or US$0.38 per ...
The pandemic has continued to have a drastic effect on Austrian Airlines' corporate results. At the end of the second quarter of 2021, the airline offered only 55% of its pre-crisis capacity and there...
In the second quarter, the Lufthansa Group benefited from a significant market recovery with increasing passenger and booking numbers. Relaxation of travel restrictions in international air traffic an...
Air France has announced its Winter schedule that strengthens services in Europe and the Caribbean to leisure destinations. Following the announcement of the launch of flights to Zanzibar (Tanzania), ...
On 23 July 2021, the New Zealand Government announced the suspension of trans-Tasman quarantine-free travel for a period of eight weeks. In a market update, Air New Zealand has stated that following a...
We're Social