The airline industry has been one of the hardest hit sectors by the COVID-19 pandemic, as travel restrictions and lockdowns severely reduced the demand for air travel. Many airlines suffered huge ...

Q3 pretax profit 457 million Swedish crowns vs 1.99 bln loss CEO sees clear sign restructuring on right track Says strong ticket sales indicate healthy underlying demand STOCKHOLM, Sept 1 (Reuters ...

Jeff Reeves is a veteran financial journalist with extensive capital markets experience, and has written about Wall Street since 2008. His commentary has appeared in numerous respected outlets ...

"With solid March quarter profitability and a strong outlook for the June quarter, we are confident in our full-year guidance," said Delta CEO Ed Bastian. Delta reiterated its 2023 forecast for ...

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If you want to level up your air travel experience, Singapore Airlines was ranked as the "world's best airline" for 2023 and ...

State-owned Kenya Airways (KQ) losses more than doubled year-on-year (YoY) to 21.7 billion shillings in the six months to June 2023 due to forex losses and growing debt. However, the airline reported ...

The practice rests on a simple premise: airlines predict the average number of passengers for a given flight based on ...

Likewise, in its fiscal year 2023, Singapore Airlines generated revenue of 17.8 billion SGD, an increase of 133.4% from the previous fiscal year. Profits jumped to 2.1 billion SGD.