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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


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
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