AirlineRecovery

Malaysia Airlines Surprises with Profit in 2024 Amid Challenges

1 month ago

In a remarkable turn of events, Malaysia Airlines has posted a profit for the fiscal year 2024, marking a significant recovery for the airline in the wake of various disruptions and challenges that have plagued the aviation industry. The national carrier of Malaysia managed to achieve this financial milestone despite ongoing economic hurdles, supply chain issues, and shifts in consumer behavior post-pandemic.

British Airways Owner Surprises Analysts with Strong Earnings and Revised Capacity Goals

7 months ago

In an impressive display of resilience, IAG, the parent company of British Airways, has reported third-quarter financial results that have exceeded market forecasts. The group revealed that it achieved an operating profit of €1.58 billion ($1.68 billion) during the three months ending September. This substantial figure not only marks a significant improvement from last year's performance but also surpasses analyst expectations, which had anticipated a profit closer to €1.53 billion.