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SkyWest Reports Fourth Quarter Net Loss of $46 Million, Full Year 2020 Net Loss of $9 Million
SkyWest reported a fourth quarter net loss of $46 million or ($0.93) per share on a 21 percent revenue decline to $570,000. For the full...
Feb 6, 20213 min read
Singapore Airlines Reports Third Quarter Net loss of $142 Million on 76% Revenue Decline to $1.1B
SIA reported a third quarter net loss of $142 million on a 76.1% decline in revenue to $1.1 billion versus Q3 2019. For the nine month...
Feb 5, 20212 min read
Lufthansa Completes €1.6 Billion Bond Issue, 2021 Financial Liabilities Refinanced for Long Term
The Lufthansa Group has successfully completed a €1.6 billion bond issue, thereby refinancing all 2021 financial liabilities for the long...
Feb 5, 20212 min read
Aeroflot Announces Fourth Quarter Net Loss of $410 Million and Full Year 2020 Loss of $1.3 Billion
The carrier announced a fourth quarter net loss of RUB 30,972 M (US $410 million) on a 59% revenue decline to RUB 52,816 M (US $699...
Feb 4, 20212 min read
Allegiant Travel Reports Fourth Quarter Net Loss of $29 Million, FY 2020 Net Loss of $184 Million
The airline reported a fourth quarter net loss of $29 million or ($1.79) per diluted share on a 47 percent revenue decline to $247...
Feb 3, 20213 min read
SAS Reports Fourth Quarter Net Loss of $306 Million, Full Year Net Loss of $1.1 Billion
The airline reported a fourth quarter net loss of MSEK 2,579 (US $306 million) or SEK (4.46) per common share (US $0.53) and a full year...
Feb 2, 20213 min read
JAL Group Reports Nine Month FY20 Loss of $2.0 Billion on 68 Percent Revenue Decline to $3.4 Billion
JAL Group reported a nine month FY 2020 loss of 212.7 billion yen (US $2.0 billion) on a 68 percent year-over-year revenue decline to...
Feb 1, 20212 min read
Ryanair Reports Third Quarter Loss of €306 Million on 82 Percent Revenue Decline to €340 Million
The airline reported a third quarter loss for the three month period ending December 21, 2020 of €306 million, compared to a profit of €88..
Feb 1, 20212 min read
Southwest Airlines Reports Fourth Quarter Net loss of $908 Million, FY 2020 Net Loss of $3.1 Billion
The airline reported a fourth quarter net loss of $908 million or ($1.54) per diluted share on a quarterly revenue decline of 65% to $2.0...
Jan 28, 20215 min read
American Airlines Reports Fourth Quarter Net Loss of $2.2 Billion, Full Year 2020 Net Loss of $8.9 B
The airline reported a fourth quarter net loss of $2.2 billion or ($3.81) per share on 64% revenue decline to $4.0 billion. For the full...
Jan 28, 20213 min read
SAS and Apollo Expand Charter Partnership in Record Contract Through 2024
The new contract will cover three summer and three winter seasons through 2024 with an option for a further extension through 2026. The...
Jan 28, 20212 min read
JetBlue Announces Fourth Quarter Net loss of $381 Million, Full Year 2020 Net Loss of $1.4 Billion
The airline reported a fourth quarter net loss of $381 million or ($1.34) per diluted share on a 67.4% revenue decline to $661 million...
Jan 28, 20212 min read
Hawaiian Airlines Announces $800 Million Senior Secured Notes Offering by Newly Formed Subsidiaries
The unregistered offering of $800 million in aggregate principal of Senior Secured Notes due 2026 will be offered by two newly formed...
Jan 27, 20211 min read
Hawaiian Airlines Reports Fourth Quarter Net Loss of $163 Million and FY 20 Net Loss of $511 Million
Hawaiian Holdings, Inc. reported a fourth quarter net loss of $163 million or ($3.50) per diluted share and a full year 2020 net loss of...
Jan 26, 20213 min read
Alaska Airlines Reports Fourth Quarter Net Loss of $430 Million, Full Year Net Loss of $1.3 Billion
The airline announced a fourth quarter net loss of $430 million or ($3.47) per diluted share on a 64 percent revenue decline to $808...
Jan 26, 20213 min read
Norwegian Expresses Gratitude for Conditional Support From Norwegian Government
The carrier has announced that the Norwegian Government has decided to support and contribute to the airline’s funding, dependent on...
Jan 21, 20212 min read
United Airlines Reports Fourth Quarter Net Loss of $1.9 Billion on 69% Revenue Decline to $3.4 B
The airline reported a fourth quarter net loss of $1.9 billion or ($6.39) per diluted share and a full year 2020 loss of 7.1 billion or...
Jan 21, 20213 min read
IAG Iberia’s Acquisition Price for Air Europa Reduced by 50 Percent to €500 Million
The International Airlines Group and Globalia have amended the original agreement signed on November 4, 2019, under which Iberia would...
Jan 20, 20212 min read
Virgin Atlantic Completes Financing Transactions for Two Boeing 787 Dreamliners
The company further strengthened their balance sheet by completing financing transactions for two Boeing 787 Dreamliners. The...
Jan 15, 20213 min read
Delta Air Lines Announces Fourth Quarter Net Loss of $755 Million, Full Year Loss of $12.4 Billion
The company reported a fourth quarter loss of $755 million or ($1.19) per diluted share and a full year loss of $12.385 billion or...
Jan 14, 20212 min read
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