Recovering travel demand helps SkyWest to post 2021 net profit
US regional carrier SkyWest Airlines has posted a net profit for 2021, citing travel demand recovery from the…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Icelandair aims for return to net profit in 2022
Icelandair is aiming to return to net profit in 2022, after starting on a path to recovering from…
Aeroflot halves net losses in 2021 thanks to domestic recovery
Russian carrier Aeroflot halved net losses in 2021, mainly thanks to a recovery in domestic demand. The carrier reported…
Allegiant Air posts net profit for 2021, sees strong demand
US ultra-low-cost carrier Allegiant Air has posted a net profit for 2021 despite the negative impact of COVID-19…
Japan’s ANA makes quarterly profit sooner than expected
Japan’s ANA has returned to operating profit sooner than expected, reporting a small profit for its third quarter. The…
China’s Big Three financial data: who has the upper hand?
China’s Big Three airlines, namely Air China, China Southern Airlines (ZNH) and China Eastern Airlines (CIAH) (CEA), expect…
Ryanair set to keep ticket prices low to stimulate demand lost to Omicron
Ryanair says it will need to continue offering discounted ticket prices to encourage people to travel at the…
US court approves Aeromexico restructuring plan
The United States Bankruptcy Court for the Southern District of New York approved Aeromexico’s restructuring plan on January…
Hainan Airlines anticipates net profit for 2021
China’s fourth-biggest carrier, Hainan Airlines, expects to report a net profit for 2021. The positive forecast is largely…
Southwest cuts schedules, boosts pay to deal with Omicron, staffing issues
Southwest Airlines (LUV) is feeling the pain from the Omicron variant of COVID-19 and staffing issues. The US…
JetBlue predicts “very strong” summer after Omicron dip
US airline JetBlue (JBLU) is expecting to return to profitability in the spring and is looking forward to…
Cargo boom drives record annual profit for Korean Air
Bucking the COVID-19 gloom, Korean Air has reported record annual and quarterly profits, driven by its cargo operations. Korean…
easyJet predicts strong summer after easing UK travel restrictions
Budget airline easyJet is confident for strong leisure demand in summer 2022, with easing travel restrictions in the…
Boeing reduces losses, sees slow recovery in 2021
Boeing lost $4 billion but increased revenue to $62 billion in 2021, the company’s yearly report indicates. That is…
Wizz Air says Omicron has dented recovery, but optimistic for spring and summer
Wizz Air says the Omicron variant of COVID-19 has dented its recovery plans, with travel demand over the…
American Airlines posts yearly loss, focuses on profitability in 2022
American Airlines (A1G) (AAL) has reported a yearly loss of $2 billion citing the industry’s struggle to recover from the ongoing COVID-19 pandemic. Following a year of uncertainty, the airline…
Delta sees recovery picking up pace from end of February after Omicron delay
Delta Air Lines said it was looking forward to a strong spring and summer travel season, even though…
Singapore Airlines raises $600 million through bond issue
Singapore Airlines (SIA1) (SINGY) has raised $600 million via its second US dollar bond issue and has strengthened liquidity as the Omicron variant continues…