Key data from the third-quarter earnings season (unless otherwise stated), powered by The Airline Business 38, covering the July-September period for the years 2019-2022 and thereby encompassing the last pre-Covid data and progress since
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Dutch carrier KLM is to restore services to Beijing and increase frequencies to Shanghai this summer, while Swiss International Air Lines will resume passenger flights to the latter Chinese city.
The Federal Aviation Administration plans to fine United Airlines $1.15 million after the carrier missed certain pre-flight checks pertaining to a fire warning system on its Boeing 777s during an almost three-year period –flying those aircraft in an ”unairworthy condition”.
Australian investigators have opened an inquiry into an accident involving a Boeing 737 firefighting aircraft near Ravensthorpe in the southwest of the country.
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
Kuwaiti budget carrier Jazeera Airways has turned in a strong full-year performance with a net profit of over KD20 million ($65 million). It states that it built on a “quick return” to profitability in the second half of 2021, and points out that its financial results have exceeded pre-crisis figures. ...
A full-scale recovery is well underway in the Asia-Pacific airline market, according to an industry panel based in the region.
