Bombardier reports 17% y/y revenue increase
Bombardier has announced first quarter 2023 revenues of $1.5bn, a 17% year-on-year increase it said was "driven by improved delivery mix". The business jet maker said "continued strong aftermarket rev...
Bombardier has announced first quarter 2023 revenues of $1.5bn, a 17% year-on-year increase it said was "driven by improved delivery mix". The business jet maker said "continued strong aftermarket rev...
Southwest Airlines recorded a net $159 million loss in the first quarter (Q1 2023), despite setting a record for the early year period with $5.7bn in reported revenue. The loss equated to 27 cents per...
American Airlines has returned to profit with a net income of $10 million for the first quarter of 2023, or $0.02 per diluted share, after revenue surged 37% year-on-year to a Q1 record of $12.2bn. “T...
Air China reported a net loss of $443 million (2.93 billion yuan) for the Q1 ending March 31, 2023. The airline made a basic loss of 0.19 yuan per share during the quarter, according to a Wednesday fi...
ANA Holdings recorded $897.6 million operating profit for the 12 months ended March 31. The airline had reported a 173.1-billion-yen operating loss in the previous year. This is the airline’s first an...
Avolon has reported "strong aircraft demand and rising lease rates" in the first quarter of 2023 as revenue reached $599 million. The lessor's made a $56 million profit after the period saw it generat...
Spirit Airlines recorded a $103.9 million or 95 cents a share loss in the first quarter of 2023 (Q1 2023). "Excluding special items, adjusted net loss for the first quarter 2023 was $89.4 million, or ...
Finnair recorded a 73.8% year-on-year revenue increase to €694.7 million in the first quarter of 2023, despite the "adverse cost impact" of high fuel prices. The revenue increase was around the same i...
London Heathrow Airport claimed a strong start to 2023 as its 16.9 million passengers left it as Europe’s busiest airport and second in the world for international travel. The airport said it "remain...
Asia Digital Engineering (ADE), the engineering and maintenance subsidiary of Capital A, secured a $100 million investment from OCP Asia Ltd. The funds will be used for the construction and operationa...
Boeing reported a first-quarter 2023 loss of $425 million, despite a 28% year-on-year Q1 2023 revenue increase to $17,9bn. The loss was an improvement on the $1.2bn recorded in Q1 2022. In Q1 2023, th...
Nepal Airlines has sent a letter to two of the state-owned provident funds, the EPF and the Citizen Investment Trust (CIT) requesting them to waive off the interest and penalties on their outstanding ...
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