financial

Air Arabia achieved 8% YoY growth in profit while still deploying more capacity in the market, an impressive result given the regional airspace challenges.

Driven by a country opening to the world and vast pilgrimage traffic, Saudia is poised to become one of the Gulf’s mega carriers.

The airline’s financial results seem to be standing on firm ground with increasing operational efficiencies and a solid contribution to its long-term goals.

The Polish national carrier reached peak performance in 2023, quoting not only financial results, but also number of operations.

The Latian flag carrier, airBaltic, leads the way as one of the nation’s most known corporations on its path to an upcoming IPO.

One of the biggest carriers in the Arabian Gulf region, Dubai-based flydubai recently announced its full-year results for 2023.

Delta Air Lines became the first U.S. carrier to announce its first-quarter earnings for 2021, starting the year off with an overall loss, but with some positives to take from it. Following Generally accepted accounting principles or GAAP, the airline posted a loss of $1.5 billion for the first three months of the year. Operating […]

An airline that has been flying across Europe and the world for the past 98 years could be the next victim of the pandemic-induced crisis in the aviation industry. Prague-based Czech Airlines (CSA), the flag carrier for the Czech Republic, has filed for reorganization under the country’s Insolvency Act. Before making this decision, the company […]

Delta Air Lines announced their fourth-quarter and full-year financial results, becoming one of their first airlines in the United States to do so. The Atlanta-based carrier posted a $1.1 billion loss, according to Generally Accepted Accounting Principles, in the final quarter of the year. For the calendar year, the airline posted a $15.6 billion loss […]

Qatar Airways published its 2019-2020 annual report on Sunday, in which it reported that the airline recorded a loss of $2 billion for the period from April 1, 2019 to March 31. The combination of the current airspace blockade against the Qatar, the liquidation of Air Italy, changes in accounting policy and reporting standards and […]