Reading Time: 2 minutes Scandinavian Airlines (SAS) still expects to turn in a pre-tax profit for its 2016-2017 financial year despite a sharp increase in losses in the fiscal year’s first half. The airline turned in a net loss of SEK876 million ($101 million) for the six months ending Apr. 30 2017, compared to a net loss of SEK75 […]

Reading Time: 2 minutes Singapore Airlines may consider cutting staff numbers, CEO Goh Choon Phong told reporters at the International Air Transport Association meeting in Cancun, Mexico, this week. The revelation comes after a surprising Q4 net loss of SGD138 million (USD100 million) which saw operating profits for the 2016-17 financial year down 8.5% to SGD623 million (USD451 million). […]

Reading Time: < 1 minute Turkish Airlines became the latest Middle East carrier to report a fall in fortunes this year, reporting a $350 million operating loss for the year. The figure compares with a $682 million profit figure in 2015 which suffered due to terrorism and a tenuous political environment in Turkey which led to the lowest traffic figures […]