Airline News

Air New Zealand reports a loss before taxation of $810 million

Air New Zealand issued this financial report: 2022 Financial summary Loss before other significant items and taxation of $725 million1, compared to $444 million in the prior year Statutory loss before taxation of $810 million Operating revenue lifts 9 percent to $2.7 billion, driven by Cargo performance Recapitalisation completed in May, raising $2.2 billion Liquidity […]

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QANTAS Group posts third major loss from pandemic, strong recovery underway

QANTAS Group has issued this financial report: Underlying Loss Before Tax: $(1.86) billion. Statutory Loss Before Tax: $(1.19) billion. Underlying EBITDA: $281 million following a $526 million EBITDA performance in 2H. Positive statutory operating cash flow: $2.67 billion. Recovery plan on track for completion, with $1 billion in savings in FY23. Net debt declined to

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Emirates’ Airbus A380 To Return To Auckland From December

As the year-end holidays approach and travelers kick-start the search for their next vacation, Emirates announced the restoration of its non-stop Airbus A380 flight services from Dubai International Airport to Auckland International Airport and Kuala Lumpur International Airport. The resumption of these flight services will start on December 1st. Read More Here: Emirates’ Airbus A380

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Vietnam Airlines Offers 400,000 Seats For A 4-Day Holiday Period In September

Anticipating enormous demand for the upcoming Vietnam National Day on September 2nd, Vietnam Airlines is offering hundreds of thousands of seats. The airline is doubling down on busy routes connecting major cities, with passengers expecting to criss-cross the Vietnamese skies in huge numbers during the busy holiday period. Read More Here: Vietnam Airlines Offers 400,000

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Norwegian reports a profit before tax of NOK 1,248 million in the second quarter 2022

Norwegian Air Shuttle (Norwegian.com) reported its results for the second quarter and first half of 2022, characterised by increasing demand for air travel, higher fuel prices and gain from aircraft order. The figures demonstrate Norwegian’s ability to increase capacity for the busy summer travel season and deliver robust operational performance. Amidst capacity constraints at European

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Eve Announces First North American UAM Simulation In Chicago

On Tuesday, urban air mobility company Eve Holding, Inc (Eve) announced its first UAM simulation in Chicago, Illinois. The simulation event will happen over three weeks, starting with ground testing on September 12. Read More Here: Eve Announces First North American UAM Simulation In Chicago | SimpleFlying.com via Flight Booking 247 Cheap Airline Tickets

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