AIRLINES: PREMIUM TOURIST SEATS BRING GREATER PROFIT THAN BUSINESS SEATS
After the coronavirus crisis in the air transport sector, airlines are on the path to recover. Before the pandemic, companies were betting on inclusion - especially in the long flights - of a new midd ...
GERMAN TRAVEL GIANT’S PROFITS GROW, CRITICS POINT OUT GREEDFLATION
German travel giant, TUI, has reported record revenue for the financial year that ended in September. This was due to a successful summer for hoteliers, airlines, and car rental companies in Spain, Tu ...
GERMAN AIRLINE GROUP DOUBLES PROFITS IN 2023
Lufthansa, a leading airline group, reported an outstanding financial performance in 2023. The group's net profit for the year amounted to €1.67 billion, representing a significant increase of 112% fr ...
IATA EXPECTS AVIATION INDUSTRY TO EARN EUR 21.5 BILLION IN 2023
The International Air Transport Association (IATA) has forecasted that the aviation industry's net profits will increase to $23.3 billion (€21.5 billion) by 2023 and further rise to $25.7 billion (€23 ...
AIRBUS OVERTAKES BOEING AND EXCEEDS ITS 2023 ANNUAL AIRCRAFT DELIVERY
Airbus announced that it has exceeded its annual aircraft delivery target by delivering 735 aircraft to 87 customers in 2023. This number is higher than the initial target of 720 aircraft and represen ...
