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Allegiant Reports First Quarter Net Profit of $6.9 Million on 32 Percent Revenue Decline to $279 M
Allegiant Travel Company has reported a first quarter 2021 net profit of $6.9 million or $0.42 per diluted share on a year-over-year...
May 4, 20213 min read
Singapore Airlines Raises $1.5 Billion From Sale-and-Leaseback Transactions
Singapore Airlines has raised S$ 2.0 billion (US $1.5 billion) through sale-and-leaseback transactions for eleven aircraft, including...
May 3, 20211 min read
Spirit Airlines Announces Closing of 1.00 Percent Convertible Senior Notes Due 2026
Spirit Airlines has announced the closing of their 1.00% Convertible Senior Notes offer due 2026. The company also received $371.3...
May 3, 20212 min read
ANA Reports FY 2020 Net Loss of $3.7 Billion on 63 Percent Revenue Decline to $6.7 Billion
ANA has reported a fiscal year 2020 net loss of 404.6 billion yen (US $3.7 billion) on a 63 percent year-over-year decline in revenue to...
May 2, 20212 min read
SkyWest Reports First Quarter Net Income of $36 Million on 27 Percent Decline in Revenue to $535 M
U.S. regional carrier SkyWest has reported a first quarter net profit of $36 million or $0.71 per share on a year-over-year decline in...
May 2, 20213 min read
Air Lease Corporation Increases Senior Unsecured Revolving Credit Facility to $6.4 Billion
Air Lease Corporation (ALC) has amended and extended their existing senior unsecured revolving credit facility with JPMorgan Chase Bank...
Apr 30, 20211 min read
Lufthansa Group Reports €1 Billion Q1 Net Loss on 60 Percent Revenue Decline to €2.6 Billion
The Lufthansa Group has reported a first quarter 2021 net loss of €1.0 billion or (€1.75) per share on a year over year revenue decline of..
Apr 30, 20213 min read
Air Transat Secures $700 Million in Funding From Canadian Government; Announces Voucher Refunds
Transat has reached an agreement with the Government of Canada to borrow up to $700 million in liquidity under the government’s Large...
Apr 29, 20213 min read
Spirit Airlines Announces Offering of $440 Million in Convertible Senior Notes Due 2026
Spirit Airlines has announced an underwritten public offering of $440 million in aggregate principal convertible senior notes due 2026.
Apr 28, 20212 min read
AerCap Reports First Quarter Net Income of $228 Million or $1.76 per Share
AerCap has reported a first quarter net income of $228 million or $1.76 per share. The company’s results were impacted by $100 million...
Apr 28, 20212 min read
Hawaiian Airlines Reports First Quarter Net Loss of $61 Million on 67% Revenue Decline to $182 M
Hawaiian Airlines has reported a first quarter net loss of $61 million or ($1.23) per share on a 67 percent year-over-year decline in...
Apr 27, 20213 min read
JetBlue Announces First Quarter Net Loss of $247 Million on 54 Percent Revenue Decline to $733 M
JetBlue has reported a first quarter net loss of $247 million on a year-over-year decline in revenue of 54 percent to $733 million. At...
Apr 27, 20212 min read
Southwest Airlines Reports First Quarter 2021 Net Loss of $1.0 Billion on 52 Percent Revenue Decline
Southwest Airlines has reported a first quarter 2021 net loss of $1.0 billion on a 52 Percent year-over-year revenue decline to 2.1...
Apr 24, 20213 min read
Spirit Airlines Reports First Quarter Net loss of $112 Million on 40% Revenue Decline to $461 M
Spirit Airlines has reported a first quarter net loss of $112 million or ($1.15) per diluted share on a 40 percent decline in revenue to...
Apr 22, 20213 min read
Alaska Airlines Reports First Quarter 2021 Net Loss of $131 Million on 51% Revenue Decline to $797 M
Alaska Air Group has reported a first quarter net loss of $131 million or ($1.05) per share on a revenue decline of 51 percent to $797...
Apr 22, 20212 min read
American Airlines Reports First Quarter Net Loss of $1.3 Billion on 53% Revenue Decline to $4 B
American Airlines has reported a first quarter net loss of $1.3 billion or ($1.97) per diluted share on a 53 percent year over year...
Apr 22, 20212 min read
United Airlines Reports First Quarter Net Loss of $1.4 Billion on 60% Revenue Decline to $3.2 B
United Airlines has reported a first quarter net loss of $1.4 billion or ($4.29) per diluted share on a year-over-year revenue decline of...
Apr 19, 20212 min read
airBaltic Reports 2020 Net Loss of €265 Million on a 72 Percent Revenue Decline to €143 Million
Air Baltic has reported a full year 2020 net loss of €265 million on a year-over-year revenue decline of 72 percent to €143 million.
Apr 15, 20212 min read
Delta Air Lines Reports Q1 Adjusted Pre-Tax Loss of $2.9 Billion on a 65 Percent Decline in Revenue
Delta Air Lines has reported a first quarter adjusted pre-tax loss of $2.9 billion and an adjusted net loss of $2.3 billion on a 65...
Apr 15, 20212 min read
Boeing Projects Sufficient Aviation Capital Finance Availability for Aircraft Deliveries
Boeing’s 2021 Current Aircraft Finance Market Outlook (CAFMO) reports that the aircraft financing environment ended 2020 with enough...
Apr 14, 20212 min read
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