Cathay Pacific reduces 2021 losses but tighter restriction hamper start to 2022
Cathay Pacific reduced its annual losses in 2021, but the tougher Omicron restrictions have made for a tough…
financial results
181 articles
Stay informed about financial results in the aviation industry. Explore articles and news about the financial outcomes, profitability, and any updates.
Lufthansa tackles new Ukraine challenges amidst pandemic recovery
The crisis in Ukraine is a further challenge for Lufthansa (LHAB) (LHA), after a tough two years dealing…
Etihad reduces losses, prepares for A350 start in Q2 2022
Etihad Airways reduced its losses in 2021, helped by its best-ever year for cargo, and said it expects…
IAG eyes return to profit in Q2 and good summer for its airlines
IAG, the owner of British Airways and Iberia, is anticipating a good summer and expects a return to…
Qantas eyes further Omicron hit as COVID-19 losses mount
Australia’s Qantas Airlines has reported further losses as it continues to deal with pandemic lockdowns and setbacks from…
Singapore Airlines posts first quarterly profit since start of COVID-19 crisis
Singapore Airlines (SIA1) (SINGY) has posted its first quarterly profit since the start of the COVID-19 pandemic, thanks…
Heathrow experiences worst year in history with passenger numbers at 1972 levels
London Heathrow (LHR) experienced the worst year in its history in 2021, the operator of Britain’s largest airport…
SAS launches cost-cutting program to deal with COVID and shift to leisure travel
Scandinavian airline SAS has announced plans for a “full transformation” of its business as it grapples with the…
Norwegian Air Shuttle returns to profit in final quarter of 2021
Low-cost airline Norwegian Air Shuttle ended the 2021 financial year with a significant improvement in operating figures. As the…
Air France-KLM posts positive operating result in Q4 2021
Air France-KLM posted its latest financial results for the full year of 2021, reporting a positive operating result…
Atlas Air enjoys record results in 2021 amid freight boom
Atlas Air, the US-based provider of freight and passenger ACMI operations, reported record results for 2021, boosted by…
Bombardier forecasts higher business jet sales in 2022
Bombardier is expecting a good 2022 and said it is looking to boost deliveries by up to one-fifth…
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…
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…
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…
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…
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…