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Singapore Airlines Reports Full Year Net Loss of $212 Million on Revenues of $16 Billion
Singapore Airlines reported on Thursday a full year net loss of $212 million on a 2.1 percent revenue decline to $16 billion. In the...
May 15, 20202 min read
Azul Reports First Quarter Loss of R$ 975.3 Million on Revenues of R$ 2.8 Billion
Azul S.A. reported on Thursday an adjusted first quarter net loss of R$ 975.3 million (USD $167.6 million) on revenues of R$ 2.8 billion...
May 15, 20202 min read
Allegiant Travel Company Reports First Quarter Net Loss of $33 Million on Revenues of $409.2 Million
Allegiant Travel Company reported on Tuesday a first quarter net loss of $33 Million or ($2.08) per diluted share on a 9.4 percent revenue..
May 13, 20203 min read
Brussels Airlines to Reduce Fleet by 30 Percent, Downsize Workforce by 25 Percent
Brussels Airlines announced on Tuesday that they will take substantial measures to ensure their survival and create a sustainable future.
May 12, 20202 min read
Emirates Reports 32nd Year of Profit, Earns $456 Million on $28.3 Billion in Revenues
Emirates reported on Sunday their 32nd consecutive year of profit for the 2019-2020 financial year ending March 31, 2020. The carrier...
May 11, 20203 min read
Avianca Holdings Files for Chapter 11 Bankruptcy Reorganization in New York
On Sunday, Colombian carrier Avianca became the latest airline to file for Chapter 11 Bankruptcy reorganization as a result of the global...
May 11, 20202 min read
SkyWest Reports First Quarter Net Income of $30 Million or $0.59 per Diluted Share
SkyWest reported on Thursday a first quarter net income of $30 million or $0.59 per diluted share, versus $88 million or $1.69 per diluted..
May 8, 20202 min read
Air France-KLM Group Reports First Quarter Net Loss of €1.8 Billion on Revenues of €5.02 Billion
The Air France-KLM Group reported on Thursday a first quarter net loss of €1.801 billion on a €922 million year-over-year revenue decline...
May 8, 20202 min read
Atlas Air Worldwide Reports First Quarter Net Income of $23.4 Million on Revenue of $644 Million
Atlas Air Worldwide reported on Thursday a first quarter net income of 23.4 million or $0.90 per diluted share on revenue of $643.5 million.
May 7, 20203 min read
IAG Reports Total First Quarter Operating Loss of €1.68 Billion on Revenues of €4.6 Billion
The International Consolidated Airlines Group (IAG) reported on Thursday a total first quarter operating loss of €1.68 billion or...
May 7, 20203 min read
Spirit Airlines Reports First Quarter Net Loss of $27.8 Million on Revenues of $771 Million
Spirit Airlines reported on Wednesday a first quarter net loss of $27.8 million or ($0.41) per diluted share on a 9.9 percent decline in...
May 7, 20202 min read
JetBlue Reports First Quarter Net Loss of $268 Million on $1.6 Billion in Revenues
JetBlue announced their first quarter financial results on Thursday with a net loss of $268 million or ($0.97) per diluted share.
May 7, 20203 min read
Qantas Group Announces Market Update and Increased Resilience for Recovery
Qantas announced on Tuesday a market update and the company’s plan to increase resilience as they prepare for a long-term recovery. The...
May 6, 20202 min read
Hawaiian Holdings Reports First Quarter Net Loss of $144.4 Million on Revenues of $559.1 Million
Hawaiian Holdings reported on Tuesday a first quarter net loss of $144.4 million or ($3.14) per diluted share. Quarterly revenues...
May 6, 20202 min read
Ryanair Cries Foul on State Aid Schemes, Will Challenge Bailouts in European Courts
Ryanair announced last Friday (May 1, 2020) an update on market conditions relative to the global COVID-19 Pandemic. The carrier plans a...
May 5, 20202 min read
SAS Signs Three Year SEK 3.3 Billion Revolving Credit Facility Agreement
SAS announced on Tuesday that they have signed a three-year revolving credit facility agreement for SEK 3.3 billion. The credit facility...
May 5, 20202 min read
Alaska Air Group Reports First Quarter Net Loss of $232 Million on Revenues of $1.64 Billion
Alaska Air Group reported on Tuesday a first quarter net loss of $232 million or $1.87 per diluted share on a 13 percent revenue decline...
May 5, 20202 min read
Air Canada Reports First Quarter Net Loss of $1.049 Billion on Revenues of $3.72 Billion
Air Canada reported on Monday a first quarter net loss of $1.049 billion or $4.00 per diluted share, compared to a net income of $345...
May 4, 20203 min read
Finnair Reports First Quarter Loss of €91.1 Million on Revenues of €561 Million
Finnair reported on Wednesday a first quarter loss of €91.1 million or (€1.14) per share on a 16 percent decline in revenue to €561...
May 1, 20202 min read
United Airlines Announces First Quarter Net Loss of $1.7 Billion on Revenues of $8 Billion
United Airlines announced on Thursday a first quarter net loss of $1.7 billion or a diluted loss per share of ($6.86) on revenues of $7.98..
May 1, 20203 min read
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