All Nippon Airways raised its profit forecast for FY2022, expecting to deliver an operating profit of $897 million for the year-ending March 31, 2023. This is up from the February 2022 guidance of $71...
Nok Air may not be able to complete its business rehabilitation in the court stipulated five-year period due to fuel costs, forex rates and aircraft availability said the airline CEO, Wutthiphum Juran...
The acquisition of India’s Air Works MRO by Adani Group has been delayed due to the liquidation of a major shareholder in the target company. An MoU was signed between the Adani Group and Air Works to...
The board of directors of Pittsburgh engineering solutions business Howmet Aerospace has announced a dividend of 4 cents per share on its outstanding common stock. The payment is due on May 25 to the ...
Flag carrier Air Malta is to be wound down and replaced by a new national airline. Chief executive David Curmi told the Times of Malta that the transition will be "largely seamless" after the Europea...
BOC Aviation reported the collection rate to be 103% for the quarter ending March 2023, demonstrating the improving financial health of its airline customers. The company released its operational tra...
Jet2 hopes to report a group profit of between £387 million (US$ 461 million) and £392 million for the twelve-month period up to March 31 2023. The amount, which would be "before foreign exchange reva...
Airlines Reporting Corporation (ARC) has published data showing US travel agency air ticket sales of $9.6bn in March 2023, a 22% "year-over-year increase" and the largest monthly figure recorded by th...
Malaysia Airlines Group reported a net profit after tax of RM 1.146 bn, its best in the last twenty years in Q4 of 2022. The Group reported an operating profit of RM 556 million as compared to a loss ...
Air France-KLM has announced the repayment of €300 million in remaining French state hybrid perpetual bonds. The carrier group said it also "paid the required compensation of the French state for the ...
Alaska Air reported a loss of $142 million for the first quarter of 2023 (Q1 2023), almost replicating Q1 2022. The latest quarterly loss came to $1.11 per share, an improvement on the $1.14 for Q1 20...
Brazilian carrier GOL Linhas Aéreas Inteligentes (GOL)'s subsidiary GOL Finance has completed a $26 million reopening of its 5.00% senior secured amortising notes due 2026 (Series A) and 3.00% subordi...
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