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Southwest Airlines Reports Fourth Quarter Net Income of $68 Million, FY 2021 Net Income of $977 M
Southwest Airlines has reported a fourth quarter net income of $68 million or $0.11 per diluted share on a 151 percent year-over-year...
Jan 27, 20224 min read
JetBlue Reports Fourth Quarter Net Loss of $129 Million and Full Year 2021 Net Loss of $182 Million
JetBlue has reported a fourth quarter net loss of $129 million or ($0.40) per diluted share on revenue of $1.8 billion. For the full year..
Jan 27, 20222 min read
Alaska Airlines Reports Fourth Quarter Net Income of $18 Million, FY 2021 Net Income of $478 M
Alaska Airlines has reported a fourth quarter GAAP net income if $18 million or $0.14 per share on revenue of $1.9 billion. For the full...
Jan 27, 20222 min read
Wizz Air Reports Q3 FY2022 Net Loss of €268 Million on 173 Percent Revenue Increase to €408.4 M
Wizz Air has reported a third quarter FY 2022 net loss of €268 million on a year-over-year increase in revenue of 173 percent to €408.4...
Jan 26, 20224 min read
Hawaiian Airlines Reports Fourth Quarter Net Loss of $93 million, FY 2021 Net Loss of $145 Million
Hawaiian Airlines has reported a Q4 net loss of $92.6 million or ($1.81) per diluted share and an adjusted net loss of $70.3M or ($1.37)...
Jan 25, 20222 min read
Cathay Pacific Releases 2021 Performance Update With Substantially Reduced Losses Versus 2020
Cathay Pacific has today released and update on their financial performance for 2021 with an expected consolidated loss of HK $5.6 to 6.1...
Jan 24, 20223 min read
American Airlines Reports Fourth Quarter Net Loss of $931 Million, Full Year 2021 Net Loss of $2.0 B
American Airlines has reported a fourth quarter net loss of $931 million or ($1.44) per share on a year-over-two decline in revenue of 17...
Jan 20, 20222 min read
United Airlines Reports Fourth Quarter Net Loss of $646 Million, Full Year 2021 Net Loss of $2.0 B
United Airlines has reported a fourth quarter 2021 net loss of $646 million or ($1.99) per diluted share on revenue of $8.2 billion. For...
Jan 19, 20222 min read
Delta Air Lines Reports Full Year 2021 Adjusted Pre-Tax Loss of $3.4 Billion on Revenue of $26.7 B
Delta Air Lines has reported a fourth quarter 2021 GAAP pre-tax loss of $395 million or (0.64) per share on operating revenue of $9.5...
Jan 13, 20223 min read
Wizz Air Issues €500 Million 1.00% Bond Due 2026
Wizz Air Holdings Plc has issued a €500 million bond offering of 1.00 percent notes due 2026. The multiple oversubscribes offering was...
Jan 13, 20222 min read
IAG to Pay Globalia €75 Million Break-Fee for Termination of Air Europa Acquisition
International Airlines Group (IAG) has officially announced the termination of the agreement signed on November 4, 2019 and amended on...
Dec 16, 20212 min read
Virgin Atlantic Announces £400 M investment from Virgin Group and Delta, Leases Two A350-1000s
Virgin Atlantic has received a new £400 million investment from shareholders, Virgin Group and Delta Air Lines. In a separate press...
Dec 14, 20213 min read
Air Transat Reports Adjusted Q4 Net Loss of $118.4 Million on 121% Revenue Increase to $62.8 Million
Transat A.T. Inc. has reported a fourth quarter FY 2021 adjusted net loss of $118.4 million or ($3.14) per share on a year-over-year...
Dec 9, 20212 min read
Avianca Exits Chapter 11 Restructuring With Reduced Debt and Over $1.0 Billion in Liquidity
Avianca has completed their financial restructuring process and emerged from Chapter 11 with substantially reduced debt and over $1.0...
Dec 3, 20213 min read
Allegiant Travel and Viva Aerobus Announce Fully-Integrated Commercial Alliance Agreement
Allegiant and Viva Aerobus have announced plans for a fully-integrated Commercial Alliance to expand direct leisure air travel...
Dec 1, 20213 min read
SAS Reports Fourth Quarter Net Loss of $82.3 Million on 90 Percent Increase in Revenue to $637.4 M
SAS has reported a fourth quarter FY 2021 net loss of SEK 744 million (US $82.3 million) or SEK (0.12) per share (US $0.013) on a 90...
Nov 30, 20213 min read
AEGEAN Reports Third Quarter Net Profit of €51.3 Million on 115% Increase in Revenue to €334 Million
AEGEAN has reported a third quarter 2021 net profit of €51.3 million on a year-over-year increase in revenue of 115 percent to €334...
Nov 25, 20212 min read
AirAsia Group Berhad Reports Third Quarter Pre-Tax Net Loss of $262 Million
AirAsia Group Berhad has reported a third quarter 2021 pre-tax net loss of RM1.1 billion (US $262 million) on a 37 percent year-over-year...
Nov 23, 20213 min read
Air Canada Exits Government of Canada Financial Support
Due to an improved liquidity position and the ongoing industry recovery, Air Canada will withdraw from further financial support from the...
Nov 19, 20212 min read
Korean Air Reports Third Quarter Net Profit of $113 Million on 44% Revenue Increase to $1.9 Billion
Korean Air has reported a third quarter operating profit of KRW 438.6 billion (US $370 million) and a net profit of KRW 134.0 billion (US...
Nov 13, 20211 min read
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