From Breakingviews - Global airlines grasp at the 100% recovery
are more readily committing to a timeline for a full recovery but Singapore Airlines' total shareholder returns are 18.6% since the pandemic, versus negative at rivals. And whether competitors can deliver is still up in the air.Indian budget airline IndiGo announced on June 19 the biggest ever plane order by number of aircraft with a deal for 500 Airbus jets. A day later, rival Air India firmed up an order for 470 Airbus and Boeing aircraft, Reuters reported.
Qantas Airways on May 19 said that it expects to return to 100% of pre-pandemic international capacity by March 2024. Singapore Airlines posted its first annual net profit in four years on May 16, logging a record S$2.2 billion for the year ended March 31. The company said the group’s passenger capacity reached 79% of pre-Covid levels in March, and noted other airlines in the region are at 58%. It expects group capacity to rise to around 83% in the first half of the current fiscal year.Opinions expressed are those of the author.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
100 Holes in 100 Degrees for ALSAlex Litt and Cory Sullivan played 100 holes of golf in the 100-degree Austin heat Monday in support of their fathers. Both are affected by ALS
Leer más »
BTS's 'Take Two' lands at #1 on Billboard's Global 200 + Global Excl. U.S. | allkpopBTS's 10th anniversary special single 'Take Two' has successfully landed on various Billboard charts after its release last week on June 9…
Leer más »
USD Index Price Analysis: Recovery now targets the 100-day SMAThe recovery in DXY gathers extra impulse and reclaims the 102.50 region following Friday’s lows around the 102.00 neighbourhood. If the index manages
Leer más »
Nearly 100 die as India struggles with a sweltering heat waveAt least 96 people have died in two of India’s most populous states over the last several days, officials say, as the country reels from a sweltering heat wave.
Leer más »
Florida deputy, man 'lucky to be alive' after being sucked into drainage pipe during rescue: VIDEOA Florida deputy and a resident are both 'lucky to be alive' after they were sucked into a drainage pipe by flood water during a torrential downpour, according to officials.
Leer más »
SE Texas under Excessive Heat Warning for fourth day in a rowTemperatures will soar to near 100 degrees with dangerous heat index values near 115!
Leer más »