Cost control helps AirAsia Group to narrow Q3 loss
AirAsia Group narrowed its losses during the third quarter of 2021. The results were attributed to cost control…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Thai Airways reports profit for the first nine months of 2021
Thai Airways reported a net profit in the first nine months of 2021. The positive financial outcome was…
Lufthansa repays all German government aid sooner than expected
Lufthansa (LHAB) (LHA) has repaid all the financial aid it received from the German government earlier than expected.Germany’s…
Azul posts third-quarter profit, first since the COVID-19 pandemic
Brazilian carrier Azul (AZUL) generated an operating profit for the first time since the start of the COVID-19…
Solid cargo demand helps Korean Air to post Q3 profit
South Korea’s flag carrier, Korean Air, reported a net profit in the third quarter of 2021. The positive…
Singapore Airlines narrows losses on returning passengers, record cargo revenue
Singapore Airlines (SIA1) (SINGY) reduced its net loss in the first half and said it expects to operate…
Increased revenue and capacity help LATAM narrow Q3 net loss
Latin America’s largest carrier, LATAM Airlines Group narrowed its net loss to $691.9 million during the third quarter…
Emirates airline says profits still ‘some way’ off even as losses halve
Emirates Airline halved its net loss in the first six months of its 2021-2022 financial year, but said…
IAG says recovery being led by long-haul, expects return to profit in 2022
The owner of British Airways and Iberia says a significant demand recovery is underway, led by long-haul bookings,…
Wizz Air sees short-term challenges from low vaccination rates in eastern Europe
Wizz Air is currently facing challenges from low vaccination rates in some of its core markets, the eastern…
Lufthansa returns to profit amid extended summer travel boom
Lufthansa (LHAB) (LHA) is enjoying an extended summer travel boom. The German airline group returned to profit in…
Air Canada reverses plan to cancel some A220s, brings MAX deliveries forward
Air Canada (ADH2) is expanding its fleet more quickly than planned after seeing favorable revenue and traffic trends…
JAL reduces quarterly losses on cargo boost, sees steady domestic recovery
Japan Airlines (JAL) expects international demand recovery will take “some more time”, although it predicts domestic demand will…
Aeroflot posts Q3 net profit thanks to domestic demand
Aeroflot reported a net profit in the third quarter of 2021 thanks to a booming domestic market and…
British Airways agrees new $1.4B loan to bolster balance sheet
British Airways has agreed a £1 billion ($1.36 billion) loan to bolster its balance sheet, the airline announced…
Ryanair predicts full-year losses, has harsh words for Boeing over MAX 10 talks
Ryanair said it will continue to sell tickets at discounted rates this winter to boost traffic. That and…
ANA downgrades profit target after COVID-19 outbreaks hit first-half demand
Japan’s ANA Holdings (ALNPY) has downgraded its revenue and profit forecasts for the 2022 fiscal year after COVID-19…
Air France-KLM returns to profit in Q3 after good summer season
Air France-KLM returned to quarterly operating profit for the first time since the start of the COVID-19 crisis,…