Airlines are ending their roller coaster ride from high profits to deep losses. The new operating environment sounds familiar: high costs and low margins.
SAS reports it faced higher costs from currency exchanges and fuel prices in a challenging fourth quarter (Q4) of its fiscal 2023, which ended Oct. 31.
Launch of the stretched A220 earlier than 2026 would free production slots for the higher-margin A321 and A321XLR variants—but a few hurdles stand in the way.
Carsten Spohr has been CEO at Lufthansa Group, a company that includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and regional carriers, since 2014.