Tag Archives: profit

Loganair shows a £6.9M profit for the financial year 1st April 2023 to 31st March 2024

Loganair shows a £6.9M profit for the financial year 1st April 2023 to 31st March 2024

Loganair, the UK’s largest regional airline, has posted a further year of profitability with a £6.9M profit for the financial year that commenced 1st April 2023 and ended March 31st 2024. This result, whilst continuing a positive financial trend, demonstrates the challenges experienced by the airline in 2023, especially in relation to operational performance, as […]

Israel’s El Al shows a second-quarter net profit of USD 147 million

Israel's El Al shows a second-quarter net profit of USD 147 million

El Al Israel Airlines (ELAL.TA) reported a nearly 150% jump in profit, taking advantage of its near-monopoly status with many foreign carriers having cancelled flights amid the war in Gaza and raising clients’ ire over high fares. Separately, El Al announced a deal with Boeing (BA.N), for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 […]

Icelandair Q2 Results, highest profit since 2016

Icelandair Q2 Results, highest profit since 2016

The post Icelandair Q2 Results, highest profit since 2016 appeared first on TD (Travel Daily Media) Travel Daily. Icelandair shows profit of USD 13.7 million in Q2 – Highest since 2016.   EBIT of USD 20.9 million, up by USD 19.6 million year-on-year. EBIT ratio 5%, improving by 4.7 percentage points between years. Profit of […]