Strategic and tactical changes benefiting unit revenue. Expect cost saving initiatives to benefit 2024 by over $75 million; annualized run-rate savings estimated at over $100 million
Article Tag: 1Q2024
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Air Distribution revenue grew 12.6%, to €764.4 million. Air IT Solutions revenue increased 17.0%, to €497.0 million. Hospitality & Other Solutions revenue grew 13.2%, to €234.9 million. Group Revenue increased 14.1%, to €1,496.3 million.
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Profit after tax surged to AED 526 million (U.S.$ 143 million) in Q1 2024, up from AED 59 million (U.S.$ 16 million) in Q1 2023, driven by robust passenger revenue …
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First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first …
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