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Cathay Pacific Reports 2020 Net Loss of $2.8 Billion on 56 Percent Revenue Decline to $6.0 Billion
Cathay Pacific Group has reported a 2020 net loss of HK $21,648 million (US $2.8 billion) or HK 424.3 cents (US $0.55) on a year-over-year..
Mar 10, 20212 min read
AerCap Holdings to Acquire GE Capital Aviation Services
AerCap will acquire GE Capital Aviation creating an industry leader across aviation leasing in aircraft, engines and helicopters. The...
Mar 10, 20213 min read
American Airlines Proposes Offer for $5.0 Billion in Senior Secured Notes and New $2.5 B Term Loan
American Airlines and AAdvantage Loyalty IP, Ltd., a newly formed Cayman Islands company, have announced a proposed offering of $5.0...
Mar 8, 20212 min read
Etihad Airways Reports 2020 Operating Loss of $1.7 Billion on 52 Percent Revenue Decline to $2.7 B
Etihad Airways has reported a 2020 EBITDA loss of $650 million and a core operating loss of $1.7 billion on a year-over-year total revenue..
Mar 5, 20213 min read
Lufthansa Group Reports Fourth Quarter Net Loss of €1.1 Billion, FY 2020 Net Loss of €6.7 Billion
The Lufthansa Group has reported a fourth quarter net loss of €1.1 billion on a 71 percent revenue decline to €2.6 billion versus Q4...
Mar 4, 20213 min read
AerCap Holdings N.V. Reports Fourth Quarter Net Income of $28 Million or $0.22 Per Share
The company’s fourth quarter results were impacted by pre-tax cash accounting and debt extinguishment of $117 million and $76 million...
Mar 2, 20212 min read
Air Astana Reports Strong Start to the New Year After $94 Million 2020 Loss
Air Astana reported that their combined January and February financial results are the strongest since 2017, after reporting a $94 million..
Mar 1, 20211 min read
BOC Aviation Signs Purchase and Leaseback Transaction for Eight New Airbus A320neos With IndiGo
BOC Aviation has signed a purchase-and-leaseback transaction with InterGlobe Aviation Limited (IndiGo) for eight new Airbus A320neo...
Mar 1, 20211 min read
Qantas Group Reports First Half Statutory Loss of $1.5 Billion on 75 Percent Decline in Revenue
Qantas reported a HY21 underlying loss before taxes of $1.0 billion and a statutory loss of $1.5 billion on a 75 percent year-over-year...
Feb 27, 20213 min read
Air New Zealand Announces First Half FY 2021 Statutory Loss of $185 Million
The carrier’s first half statutory loss of $185 million is calculated before other significant items and taxation, and is stated in...
Feb 26, 20214 min read
IAG Reports Fourth Quarter Net Loss of €1.4 Billion, Full Year 2020 Net Loss of €6.9 Billion
IAG has reported a fourth quarter net loss of €1.4 billion on a 79 percent revenue decline to €1.3 billion and a full year 2020 net loss...
Feb 26, 20213 min read
AirAsia Group Berhad Welcomes M&A Specialist Dr. Stanley Choi as Substantial Shareholder
Dr. Stanley Choi Chiu Fai has joined the Group as a major shareholder via his wholly-owned entity Positive Boom Limited, with the...
Feb 26, 20212 min read
SAS Reports First Quarter Net Loss of $249 Million on 76 Percent Revenue Decline to $277 Million
For the first quarter of the company’s financial year (November 2020-January 2021), SAS reported a net loss of $249 million or ($0.03) per..
Feb 25, 20212 min read
JetBlue Technology Ventures’ Portfolio Company Joby Aviation to List on NYSE Through Merger
JetBlue Technology Ventures’ portfolio company Joby Aviation will be listed on the NYSE through a merger with special purpose acquisition...
Feb 24, 20213 min read
Grupo Viva Aerobus Reports Q4 Net Loss of $27 Million, Full Year 2020 Net Loss of $134 Million
The Mexican low-cost carrier reported a fourth quarter net loss of $27 million on a 13 percent revenue decline to $158 million. For the...
Feb 24, 20212 min read
Air Lease Corporation Reports Q4 Net Income of $111 Million, Full Year 2020 Net Income of $516 M
Air Lease Corporation has reported a fourth quarter net income of $111 million on an 11 percent revenue decline to $489 million versus Q4...
Feb 23, 20213 min read
IAG Announces British Airways Financing Update With £2.45 Billion Liquidity Increase
IAG has confirmed that British Airways has reached two financing agreements that will increase the airline’s total liquidity by £2.45...
Feb 22, 20212 min read
Air France-KLM Group Announces Q4 Net Loss of €1.0 Billion, Full Year 2020 Net loss of €7.1 Billion
The Air France-KLM Group reported a fourth quarter net loss of €1.0 billion on a 64 percent revenue decline to €2.4 billion versus Q4...
Feb 19, 20213 min read
Atlas Air Reports Fourth Quarter Net Income of $184 Million, FY 2020 Net Income of $360 Million
Atlas Air Worldwide reported a fourth quarter net income of $184 million or $6.15 per diluted share and a full year 2020 net income of...
Feb 18, 20214 min read
Finnair Completes Lease Financing Transaction for Next Airbus A350
As part of the carrier’s rebuild program, Finnair has finalized a lease financing agreement for their next Airbus A350 delivery with JLPS...
Feb 17, 20212 min read
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