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…
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Stay informed about financial results in the aviation industry. Explore articles and news about the financial outcomes, profitability, and any updates.
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…
BAE Systems’ air sector business boosted by Typhoon contract wins
BAE Systems’ air sector business is growing this year, boosted by new Typhoon contract awards, the defense company…
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…
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,…
Airbus increases profit expectations on increased deliveries, cost control
Airbus said it expects to make more profit than previously predicted in 2021 after a strong performance in…
Norwegian returns to pretax profit in the third quarter
Low-cost carrier Norwegian made a pretax profit in the third quarter and says it is in a better…
JetBlue says booking trends have stabilized after Delta blip in Q3
JetBlue (JBLU) has revealed that bookings trends have stabilized and are improving, following a setback in September caused…
Heathrow sees traffic recovery taking until at least 2026
The operator of London Heathrow Airport (LHR), Britain’s biggest hub, does not expect traffic to fully recover until…
Alaska Airlines regains profitability in Q3 2021
Alaska Airlines has reported a net income in the third quarter of 2021, marking one step closer to…