Despite a fourth quarter (Q4) loss of €154 million. Ryanair reported a 2023 financial year (FY 2023) profit of €1.43bn, close to the company record set in 2018 and a roughly €1.8bn swing to the black ...
US airfares have so far in 2023 been put up by an average of 17% compared to 2022, going by analysis published by CheapAir.com. The year-on-year assessment of 128 million US airfares showed no city wa...
US travel agency air ticket sales hit $8.7bn in April 2023, a 13% increase on the month in 2022,according to Airlines Reporting Corp. (ARC). April 2023 was the fourth consecutive month of sales exceed...
UK budget carrier easyJet's revenue increased by 80% to almost £2.7bn in the first half of the financial year (H1 2023) to March 31. The airline recorded a pre-tax loss of £411 million for another 80%...
Bank of Baroda has set aside INR 5 billion against an advance to GO First, apart from the collateral for part of the loan. Sanjiv Chadha, Managing Director and Chief Executive Officer (MD and CEO), Ba...
ADS Group has published estimates suggesting the aerospace, defence, security and space sectors added £37bn to the British economy in 2022. The businesses across the sectors recorded £82 billion in ...
Icelandic airport operator Isavia and Nordic Investment Bank (NIB) on May 16 signed an agreement for a ten-year loan of €50 million to pay for construction work at Keflavík Airport. Expansion of the e...
Aviation Capital Group recorded first quarter (Q1 2023) revenue of $258 million and pre-tax net income of $14 million. The company said its cash flow from operations was $150 million, an increase of 4...
Greek carrier Aegean reported a 90% increase in consolidated revenue and first-ever first quarter positive EBITDA. The €229,1 million in consolidated revenue was 33% higher than Q1 2019 and was based...
Maintenance business Triumph has reported net sales of $393.3 million for the fourth fiscal quarter of 2023 (Q4 2023) but a net loss of $17.5 million, or 27 cents a share. The company's operating inco...
Canadian operator Cargojet has declared a cash dividend of $0.2860 per common voting share and variable voting share for the period from April 1 2023 to June 30. "The record date for determining share...
Scandinavian Airlines (SAS) has announced that the SI Bankruptcy Court for the Southern District of New York has approved its equity solicitation procedures. "Through these procedures, SAS will run a ...
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