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Christchurch Airport reports FY21 net profit

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Christchurch Airport has reported net profit after tax (NPAT), including underlying operating profit and revaluations of investment property on its Christchurch Campus, of NZ$38.7...

Qantas, Air New Zealand both post annual losses

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Airlines down under reported full-year losses a week ago as the COVID-19 pandemic surged in New Zealand and Australia. Qantas said it suffered an...

BOC Aviation reports first-half profit

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BOC Aviation reported net profit after tax (NPAT) of US$254 million for the first half of 2021. Profitability has improved since the second half...

FACC returned to profitability in first half of 2021

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After the challenges of 2020, the aerospace market is once again showing signs of stability, according to aviation supplier FACC, which said it returned...

Cathay Pacific posts US$973 million 1H loss

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Hong Kong flag carrier Cathay Pacific Airways announced on Wednesday (11 August) that it posted a HK$7.57 billion (US$973 million) first-half loss, smaller than...

SIA Group narrows Q1 loss to S$409 million

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Border controls and travel restrictions remained largely in place during the first quarter of FY2021/22, despite the growing pace of COVID-19 vaccinations in Singapore...

Regional carrier Rex revises forecast to full-year loss

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Australian regional carrier Rex said on Wednesday (9 June) that it is now forecasting a full-year loss of A$15 million due to ongoing lockdowns...

AirAsia Group posts net loss for Q1

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AirAsia Group on Thursday (27 May) said it posted a net loss of RM976 million (US$235 million) for the first quarter of 2021, which...

Singapore Airlines posts S$4.27 billion net loss

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Flag carrier Singapore Airlines (SIA) said on Wednesday (19 May) that it posted a net loss of S$4.27 billion (US$3.19 billion) for the financial...

Thai AirAsia posts Q1 net loss as COVID-19 pandemic continues to...

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Asia Aviation (AAV), the major shareholder of Thai AirAsia (TAA), said it posted a net loss in the first quarter of 2021 of 1.86...