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Play Concludes Successful Share Offering With Eight-Fold Subscription
Play concluded a successful offer of 221,906,800 new shares on Friday, June 25, 2021. Approximately 4,600 subscriptions were received for..
Jun 27, 20212 min read
Emirates Group Reports FY 2020/21 Loss of $6.0 Billion on 66 Percent Revenue Decline to $9.7 Billion
Emirates Group has announced their first annual loss in over three decades for the financial year ending March 31, 2021. The Group...
Jun 16, 20213 min read
Transat Reports Second Quarter Adjusted Net Loss of $103 Million on 98.7 Percent Revenue Decline
Transat has reported a fiscal second quarter adjusted net loss of $103 million or ($2.74) per share on a year-over-year revenue decline of..
Jun 10, 20212 min read
SAS Reports Fiscal Q2 2021 Net Loss of $292.4 Million on 63 Percent Revenue Decline to $167.3 M
SAS has reported a fiscal second quarter 2021 net loss of SEK 2.43 billion (US $292.4 million) on a 63 percent year-over-year decline in...
May 28, 20212 min read
SAS Receives Access to $361 Million Credit Line From Shareholders, Governments of Denmark and Sweden
With support from major shareholders and the Governments of Denmark and Sweden, SAS has received access to a SEK 3.0 billion...
May 26, 20211 min read
Attestor Acquires 51 Percent Stake in Condor, Ensuring the Popular German Leisure Airline’s Future
Asset Manager Attestor has acquired a 51 percent stake in Condor, Germany’s most popular leisure airline, ensuring the airlines long-term...
May 20, 20212 min read
Singapore Airlines Reports FY 20/21 Net Loss of $4.3 Billion; To Raise $6.2 Billion via Bond Offer
Singapore Airlines has reported a fiscal year 2020/21 net loss of $4.3 billion on a 76 percent year-over-year decline in revenue to $3.8...
May 20, 20213 min read
Ryanair Reports Annual Net Loss of €815 Million on 81 Percent Revenue Decline to €1.64 Billion
Ryanair has reported a full year net loss of €815 million on a year-over-year revenue decline of 81 percent to €1.64 billion. During the...
May 19, 20212 min read
Air Arabia Reports First Quarter Net Profit of $9.3 Million on 37 Percent revenue Decline to $156 M
Air Arabia has reported a first quarter 2021 profit of AED 34 million (US $9.3 million) on a year-over-year revenue decline of 37 percent..
May 11, 20212 min read
Cebu Pacific Receives Financial Support From IFC, the IFC Emerging Asia Fund and Indigo Partners
Cebu Pacific has raised new liquidity of $250 million in the form of convertible bonds with support from the International Finance...
May 11, 20212 min read
Mesa Air Group Reports Second Quarter FY21 Net Income of $5.7 Million or $0.14 per Diluted Share
Mesa Air Group has reported a second quarter fiscal 2021 net income of $5.7 million or $0.14 per diluted share. The Group’s operating...
May 10, 20213 min read
ALC Reports First Quarter Net Income of $80 Million on 7 Percent Revenue Decline to $475 Million
Air Lease Corporation (ALC) has reported a first quarter net income of $80 million or $0.70 per diluted share on a 7 percent year-over...
May 9, 20212 min read
Air France-KLM Reports First Quarter Net Loss of €1.5 Billion on 57 Percent Revenue Decline to €2.2
The Air France/KLM Group has reported a first quarter 2021 net loss of €1.5 billion on a year-over-year revenue decline of 57 percent to...
May 9, 20212 min read
LATAM Reports Q1 Net Loss of $431 Million on 61 Percent Revenue Decline to $913 Million
LATAM Airlines Group has reported a first quarter 2021 net loss of $431 million on a year-over-year decline in revenue of 61 percent to...
May 8, 20212 min read
SWISS Announces Major Restructuring In Response to Structural Market Changes
SWISS has announced plans to restructure in view of structural market changes resulting from the global COVID-19 pandemic. The company...
May 7, 20213 min read
IAG Reports First Quarter Net Loss of €1.07 Billion on 79 Percent Revenue Decline to €968 Million
IAG has reported a first quarter net loss of €1.07 billion or (€0.22) per share on a 79 percent year-over-year revenue decline of 79...
May 7, 20214 min read
Air Canada Reports First Quarter Net Loss of $1.3 Billion on Revenue Decline of 80 Percent to $729 M
Air Canada has reported a first quarter 2021 net loss of $1.3 billion or ($3.90) per diluted share on an 80 percent year-over-year decline..
May 7, 20214 min read
Allegiant Travel Announces Common Stock Offering, Price of Offering
Allegiant Travel Company has commenced the offering of 1.35 million shares of common stock priced at $219.00 per share for aggregate...
May 6, 20211 min read
Sun Country Airlines Reports Adjusted Q1 Net Loss of $5 Million on 29% Revenue Decline to $128 M
Sun Country Airlines has reported a first quarter net income of $12.4 million or $0.24 per diluted share. Adjusted to remove $22.5...
May 6, 20213 min read
Atlas Air Worldwide Reports First Quarter 2021 Profit of $90 Million on 34 Percent Revenue Increase
Atlas Air Worldwide has reported a first quarter 2021 net profit of $90 million or $3.05 per diluted share on a year-over-year revenue...
May 5, 20213 min read
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