by Dino D'Amore | Feb 23, 2023 | Airports, Zone: Asia/Pacific
Melbourne Airport recorded its highest passenger traffic figures in three years with 2,706,962 passenger footfalls in January 2023. The recovery was more than double as compared to January 2022 and peaked since January 2020. The airport recorded a new post-pandemic...
by Dino D'Amore | Feb 23, 2023 | Finance, Technology, Zone: Americas
Joby Aviation has reported a net loss of almost $67 million after ending 2022 with $1.1bn in cash and short-term investments, including an up-front equity investment of $60 million by Delta Air Lines. The loss, which was $72 million lower than in 2021, stemmed mostly...
by Dino D'Amore | Feb 23, 2023 | Airports, Zone: Asia/Pacific
Auckland Airport reported its first profit of $68 million since pandemic in the last six months of 2022. In December 2021, the airport reported a loss of $11.5 million. In 2019, the airport’s revenue had soared from $126.2 million to $287.8 million. The airport...
by Dino D'Amore | Feb 23, 2023 | Airports, Zone: Europe
Europe’s busiest airport London Heathrow has reported passenger numbers trebled in 2022 to 62 million amid a net loss of almost £700 million. Airport management boasted that the post-lockdown traffic surge “was equivalent to fitting virtually all of...
by Dino D'Amore | Feb 23, 2023 | Cargo, Zone: Americas
Atlas Air has reported net income of $355.9 million ($10.53 per diluted share), adjusted net income of $418 million (or $14.23 per diluted share) and earnings [EBIDTA] of $899.2 million for 2022, with the fourth quarter (Q4 2022) equivalents coming in at $126 million,...
