REX has predicted profitability for its domestic Boeing 737 jet operations, reporting a Profit Before Tax (PBT) of $4.0 million improving from the $1.9 million in October 2022 and $2.8 million in Nove...
Norwegian carrier Flyr could be the next small carrier to run into trouble after the recent collapse of Flybe. It has announced it has not raised enough capital to proceed with a wet lease deal agreed...
The Cabinet of Thailand recently approved a budget of $276 million for the next four years to replace the existing A340-500 used to transport members of the royal family and dignitaries of Thai govern...
Go First is expecting an infusion of INR 2100 million under the Indian Government’s credit line guarantee scheme next month as the airline is planning to expand its operation and boost its financial p...
Embraer has made an "initial investment" of around US $4 million in MSW MultiCorp 2, a "multi-corporate venture fund". The cash infusion is "to attract and boost innovative Brazilian startups that syn...
Air Astana is planning to undertake an initial public offering (IPO) next year according to Akorda press service, the President’s official media page. The airline CEO, Peter Foster revealed in a compa...
New York Stock Exchange-listed Hexcel has announced a regular quarterly cash dividend of US $0.125 per share on the common stock of Hexcel, which it said would be payable to stockholders of record as ...
American Airlines has reported what it said was "record fourth-quarter revenue of US $13.2bn", a 16.6% increase over the same period in 2019. "The company produced an operating margin of 10.5% in the ...
Capital A’s consolidated airlines carried over 7.8 million passengers in fourth quarter of 2022, an increase of 187% YoY. The company released its operating statistics for the fourth quarter (Q4) of 2...
Alaska Airlines has reported an "industry-leading" full-year adjusted pretax margin of 7.6%, after recording its highest-ever annual revenue of US $9.6bn, a 10% increase on 2019. Q4 2022 revenue came ...
JetBlue reported net income for the fourth quarter of 2022 of US$24 million, or US $0.07 per share, after recording its highest-ever quarterly operating revenue of US $2.4bn. The record revenue came a...
Southwest Airlines reported a fourth quarter (Q4 2022) net loss of US $220 million or US $0.37 loss per diluted share and said it expects worse for the first quarter of 2023. The Q4 2022 loss was wide...
We're Social