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Attestor Becomes New Majority Shareholder of Condor
The European asset manager Attestor has acquired a 51 percent stake in Condor, as the closing of the previously announced transaction has...
Jul 28, 20213 min read
Hawaiian Holdings Reports Second Quarter Adjusted Net Loss of $74 Million, Net Loss of $6.2 Million
Hawaiian Airlines has reported a second quarter 2021 adjusted net loss of $73.8 million and a net loss, including government payroll and...
Jul 27, 20212 min read
JetBlue Reports Second Quarter Adjusted Pre-Tax Loss of $309 Million, Net Income of $64 Million
JetBlue has reported a second quarter adjusted pre-tax loss of $309 million. When special items are included, primarily payroll and...
Jul 27, 20213 min read
Ryanair Reports First Quarter Net Loss of €273 Million on €371 Million in Revenue
Ryanair has reported a first quarter 2021 net loss of €273 million on a year-over-year revenue increase of 196 percent to €371 million...
Jul 26, 20213 min read
Air Canada Reports Second Quarter Net Loss of $1.2 Billion on 59 Percent Revenue Increase to $837 M
Air Canada has reported a second quarter 2021 net loss of $1.2 billion or ($ 3.31) per diluted share on a 59 percent year-over-year...
Jul 23, 20214 min read
Southwest Airlines Reports Second Quarter Net Loss of $206 Million on Revenue of $4.0 Billion
Southwest Airlines has reported a second quarter net loss, excluding special items, of $206 million or ($.035) per share. When $724...
Jul 22, 20213 min read
Alaska Airlines Reports Q2 Adjusted Net Loss of $38 Million on $1.5 Billion in Revenue
Alaska Airlines has reported a second quarter 2021 net loss, excluding special items, of $38 million or ($0.30) per share on revenue of...
Jul 22, 20212 min read
American Airlines Reports Second Quarter Net Loss of $1.1 Billion on Revenue of $7.5 Billion
American Airlines has reported a second quarter net loss of $1.1 billion or ($1.69) per share on revenue of $7.5 billion. When Payroll...
Jul 22, 20212 min read
United Airlines Reports Q2 Net Loss of $434 Million on 52% Revenue Decline to $5.5 B Versus Q2 2019
United Airlines has reported a second quarter net loss of $434 million or ($ 1.34) per diluted share on a year-over-two decline in...
Jul 20, 20212 min read
Volaris Reports Second Quarter Net Income of $78 Million on 38 Percent Revenue Increase Versus 2019
Volaris has reported a second quarter net profit of $78 million or ($ 0.07) per diluted share on a year-over-two revenue increase of 38...
Jul 16, 20212 min read
Delta Air Lines Reports a Second Quarter Adjusted Pre-Tax Loss of $881 Million or $1.07/Share
Delta Air Lines has reported a second quarter 2021 adjusted pre-tax loss of $881 million or ($ 1.07) per share. The carrier’s second...
Jul 14, 20213 min read
AEGEAN Reports First Quarter Net Loss of €46 Million on Revenue Decline of 70 Percent to €44 M
AEGEAN has reported a first quarter net loss after taxes of €44.5 million, compared to a net loss of €85.4 million during Q1 2020. The...
Jul 9, 20212 min read
Lufthansa Group Successfully Raises an Additional €1 Billion on the Capital Market
Deutsche Lufthansa AG has again successfully issued a bond with a total volume of €1 billion. The bond, with a denomination of €100,000...
Jul 8, 20212 min read
Emirates Becomes First to Launch New Industry Payment Solution in Partnership With Deutsche Bank
Emirates has become the first airline to launch a new direct payment solution in Partnership with Deutsche Bank. The white-label payment...
Jul 6, 20212 min read
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
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