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Lufthansa Group Reports FY 2021 Net Loss of €2.19 Billion on 24 Percent Revenue Increase to €16.8 B
The Lufthansa Group has reported a full year 2021 net loss of €2.19 billion or (€ 2.99) per share on a year-over-year increase in revenue...
Mar 3, 20222 min read
Lufthansa Cargo Reports Record Financial Result for Second Year in a Row
For the financial year 2021, Lufthansa Cargo reported an adjusted EBIT of €1.49 billion on revenue of €3.80 billion, the best result in...
Mar 3, 20222 min read
Etihad Airways Reports Full Year 2021 Operating Loss of $476 Million
Etihad Airways has reported a full year 2021 operating loss of $476 million, compared to a loss of $1.70 billion for 2020. Total 2021...
Mar 1, 20222 min read
Singapore Airlines Reports Third Quarter FY 2021/23 Net Profit of $85 M on 117% Increase in Revenue
Singapore Airlines has reported their first quarterly profit since the onset of the global COVID-19 pandemic, with a third quarter FY 2021..
Feb 26, 20222 min read
IAG Reports Full Year 2021 Net Loss of €2.9 Billion on Revenue Increase of 8.3 Percent to €8.46 B
IAG has reported a full year 2021 net loss of €2.93 billion or (€0.591) per share on an 8.3 percent year-over-year increase in revenue to...
Feb 25, 20223 min read
Qantas Reports H1 FY2022 Underlying EBITA Loss of $245 Million, Underlying Pre-Tax Loss of $1.3 B
Qantas Group has reported a first half fiscal year 2022 underlying EBITDA loss of $245 million, an underlying pre-tax loss of $1.3 billion..
Feb 24, 20223 min read
Air France-KLM Group Reports Q4 Net Loss of €127 Million, Full Year 2021 Net Loss of €3.29 Billion
Air France-KLM Group has reported a fourth quarter net loss of €127 million on a 105% increase in revenue versus Q4 2020 to €4.8 billion...
Feb 18, 20222 min read
Air Canada Reports Fourth Quarter Net Loss of $493 Million, Full Year 2021 Net Loss of $3.6 Billion
Air Canada has reported a fourth quarter net loss of $493 million or ($1.38) per diluted share on a 30 percent increase in revenue to...
Feb 18, 20223 min read
Norwegian Air Reports 2021 Pre-Tax Profit of $13.1 Million, Improved Fourth Quarter Cash Balance
Norwegian Air has reported a preliminary full year 2021 pre-tax profit of NOK 117 Million (US $13.1 million), compared to a net loss of...
Feb 18, 20222 min read
Atlas Air Reports Record 2021 Results; Signs New Agreements With Kuehne+Nagel and Cainiao
Atlas Air has reported a fourth quarter net income of $176.7 million or $5.55 per diluted share, and a full year 2021 net income of $493.3..
Feb 17, 20225 min read
Air Arabia Reports Record Profit of $196 Million on a 71 Percent Increase in revenue to $863 Million
Air Arabia has reported a full year net profit of AED 720 million (US $196 million) on a year-over-year increase in revenue of 71 percent...
Feb 15, 20223 min read
Mesa Air Reports Fiscal First Quarter 2022 Net Loss of $14.3 Million on 1.7 Percent Revenue Decline
Mesa Air Group has reported a fiscal first quarter 2022 net loss of $14.3 million or ($ 0.40) per diluted share on a year-over-year...
Feb 10, 20222 min read
Frontier Airlines to Combine With Spirit Airlines, Creating 'America’s Most Competitive ULCC'
Spirit Airlines and Frontier Airlines have announced a definitive merger agreement. The carriers highly complementary networks will offer..
Feb 7, 20222 min read
Spirit Reports Q4 and Full Year 2021 Financial Results, Announces Merger With Frontier Airlines
Spirit Airlines has reported a fourth quarter net loss of $87 M or ($0.80) per diluted share on a 2% increase in revenue versus Q4 2019...
Feb 7, 20222 min read
SkyWest Reports Fourth Quarter Net Income of $4.0 Million, Full Year 2021 Net Income of $112 Million
SkyWest has reported a fourth quarter net income of $4.0 million or $0.09 per diluted share and a full year 2021 net income of $112...
Feb 4, 20223 min read
Allegiant Reports Fourth Quarter Net Income of $10.7 Million, Full Year 2021 Net Income of $152 M
Allegiant Travel Company has reported a fourth quarter net income of $10.7 million or $0.59 per diluted share on a 7.8 percent year-over...
Feb 3, 20223 min read
Aeroflot Reports Fourth Quarter Net Loss of $291 Million, Full Year 2021 Net Loss of $597 Million
Aeroflot has reported a fourth quarter net loss of RUB 22.2 billion on a year-over-year increase in revenue of 94.3 percent to RUB 102.6...
Feb 2, 20222 min read
Ryanair Reports Fiscal Third Quarter Net Loss of €96 Million
Ryanair has reported a fiscal third quarter net loss of €96 million on a year-over-year increase in revenue of 331 percent to €1.47...
Jan 31, 20222 min read
AirAsia Group Rebrands as ‘Capital A’, Reports Preliminary Q4 and FY21 Airline Financial Results
AirAsia Group Berhad has changed their name to ‘Capital A’, reflecting the company’s business strategy as an investment holding company...
Jan 28, 20223 min read
Korean Air Reports Record Fourth Quarter and Full Year 2021 Operating Profits
Korean Air has reported a fourth quarter operating profit of KRW 704.4 billion (US $594.2 M) on revenue of KRW 2.83 trillion (US $2.4 B)...
Jan 28, 20222 min read
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