Jazeera Airways has posted its second quarter and mid-year 2024 results, reporting exceptional growth across the board despite difficulties such as flooding at Dubai Airport. “We are pleased to share...
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Icelandic low-fare operator PLAY Airlines has announced its Q2 financial results, which were positive despite a noticeable decline in tourists entering the country. Einar Örn Ólafsson, CEO of PLAY, said,...
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Delta Air Lines has posted a record-breaking Q2 operating revenue of US$15.4 billion, roughly 5% higher than Q2 2023, but saw its net income decline by 29%. Despite the boost...
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Southwest’s CEO, Bob Jordan, has refused to step down amidst a call for his resignation from leading investor Elliot Investment Management. On 10 June, activist investor Elliot Investor Management sent...
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Airframe OEM Boeing has posted a US$355 million net loss in its first-quarter results. The manufacturer is beset by ongoing investigations and a slowdown in production of its 737 MAX...
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Regional aircraft lessor TrueNoord has secured a new Term Loan with Deutsche Bank. The financing will support the lessor’s ongoing business growth and fleet expansion and see TrueNoord welcome Deutsche...
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Norwegian Air Shuttle has announced its fourth quarter and preliminary full-year results for 2023, reporting an operating profit of NOK 2,232 million, the highest in company history. The year-end also saw...
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In its yearly earnings results, low-fare airline easyJet announced a record FY23 profit of GB£455 million (before tax), far exceeding last year’s loss of £208 million and its first since...
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Insurtech provider Cover Genius has announced a customised protection program for Scandinavian airline SAS. The travel protection offerings are embedded in the customer booking flow, giving passengers AI-backed product recommendations,...
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Embraer has revealed the latest financial earnings results for its second quarter of 2023, which show a significant uptick in revenue for the commercial aviation arm of the business by...
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