Cebu Pacific is expecting return to profit citing capital raising activities and resurgence of air travel. In a recent filing, the airline said: “has already put into place certain initiatives since 2...
Viva Aerobus reported a 34% revenue jump to $347 million in the first quarter of 2023 as passenger numbers hit 5.2.million, a 22% rise. The Mexican airline reported a Q1 EBITDAR margin of 13.1% on ear...
Air New Zealand has lifted its expectation for annual profit with the demand for travel remaining strong and a fall in price of jet fuel. In a statement at NXZ, New Zealand Stock Exchange, the airline...
Icelandic carrier PLAY recorded $32.7 million in revenue in Q1 2023, up from $9.6 million in the first quarter of 2022. The revenue increase came as passenger traffic increased four-fold year-on-year ...
TUI has announced the last repayment of the pandemic-era financial assistance it was allocated from Germany's Economic Stabilisation Fund (WSF). "In order to be able to repay the state aid quickly, th...
Canada Jetlines has closed a previously-announced non-brokered private placement, with the final gross proceeds raised coming to $575,002. The offering was for 2,738,104 units issued at $0.21 per unit...
Bombardier has announced first quarter 2023 revenues of $1.5bn, a 17% year-on-year increase it said was "driven by improved delivery mix". The business jet maker said "continued strong aftermarket rev...
Southwest Airlines recorded a net $159 million loss in the first quarter (Q1 2023), despite setting a record for the early year period with $5.7bn in reported revenue. The loss equated to 27 cents per...
American Airlines has returned to profit with a net income of $10 million for the first quarter of 2023, or $0.02 per diluted share, after revenue surged 37% year-on-year to a Q1 record of $12.2bn. “T...
Air China reported a net loss of $443 million (2.93 billion yuan) for the Q1 ending March 31, 2023. The airline made a basic loss of 0.19 yuan per share during the quarter, according to a Wednesday fi...
ANA Holdings recorded $897.6 million operating profit for the 12 months ended March 31. The airline had reported a 173.1-billion-yen operating loss in the previous year. This is the airline’s first an...
Avolon has reported "strong aircraft demand and rising lease rates" in the first quarter of 2023 as revenue reached $599 million. The lessor's made a $56 million profit after the period saw it generat...
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