Norse Atlantic Airways Reports H1 2022 Financial Results, Begins Trading on OTCQX Market
Norse Atlantic Airways has reported a first half 2022 net loss of $51.3 million on revenue of $3.0 million. The carrier’s H1 revenue...
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Sep 16, 20222 min read
Porter Secures Sale and Leaseback and Pre-Delivery Payment Financing for 12 Embraer E195-E2s
Porter Aviation Holdings’ wholly-owned subsidiary, Porter Aircraft Leasing, has entered into a sale and leaseback and pre-delivery...
Sep 8, 20222 min read
Finnair Outlines Strategy to Return to Profitability
Finnair’s longstanding strategy has been based on connecting Europe and Asia via the short northern route over Russian airspace. Since...
Sep 8, 20222 min read
Transat Reports Fiscal Third Quarter Net Loss of $106.5 Million on Revenue of $508.3 Million
Transat has reported a fiscal third quarter net loss of $106.5 million and an adjusted net loss of $120.9 million. The carrier’s fiscal...
Aug 26, 20223 min read
Qantas Group Reports FY 2022 Statutory Pre-Tax Loss of $1.19 Billion
Qantas has reported a financial year 2022 underlying pre-tax loss of $1.86 billion and a statutory pre-tax loss of $1.19 billion, with the..
Aug 26, 20223 min read
SAS Reports Fiscal Third Quarter Net Loss of $175.4 Million or $0.024 per Share
SAS has reported a fiscal third quarter net loss of SEK 1.848 billion (US $175.4 million) or SEK -0.25 (US $0.024) per common share on a...
Aug 25, 20222 min read
Norwegian Air Reports Second Quarter Pre-Tax Profit of $129 Million on Revenue of $503 Million
Norwegian Air Shuttle has reported a second quarter pre-tax profit (EBT) of NOK 1.248 billion (US $129 million) on a year-over-year...
Aug 23, 20223 min read
PLAY Reports Second Quarter Loss of $14.3 Million on Revenue Increase to $32.5 Million
PLAY has reported a second quarter loss of $14.3 million compared to a loss of $1.4 million in the same period last year when they just...
Aug 11, 20222 min read
LATAM Reports Second Quarter Net Loss of $523.2 Million on 6.1% Revenue Decline From 2019 to $2.23B
LATAM Group has reported a first quarter net loss of $523.2 million on a year-over-year revenue increase of 150.5 percent to $2.23...
Aug 11, 20222 min read
AerCap Holdings Reports Second Quarter Net Profit of $340 Million or $1.40 per Share
AerCap Holdings has reported a second quarter net income of $340 million or $1.40 per share, and an adjusted net income of $464 million or..
Aug 10, 20223 min read
Cathay Pacific Reports H1 2022 Loss of $637 million or $0.10 per share
Cathay Pacific has reported a first half 2022 loss of HK$ 4.999 billion (US $637 million) or HK 0.823 cents (US $0.10) per share on a...
Aug 9, 20223 min read
Spirit Airlines Reports Second Quarter Net Loss of $52.4 Million or $0.48 per Diluted Share
Spirit Airlines has reported a second quarter net loss of $52.4 million or ($0.48) per diluted share on a 35 percent year-over-three...
Aug 7, 20222 min read
Mesa Air Group Reports Fiscal Third Quarter Net Loss of $10 Million or $0.28 per Diluted Share
Mesa Air Group has reported a fiscal third quarter net loss of $10 million or ($ 0.28) per diluted share, and an adjusted net loss of...
Aug 6, 20222 min read
Korean Air Reports Second Quarter Net Profit of $348.4 Million on 71% Revenue Increase to $2.58 B
Korean Air has reported a second quarter operating profit of KRW 735.9 billion (US $569.2 million) and a net profit of KRW 450.5 billion...
Aug 5, 20222 min read
Air Lease Corporation Reports Second Quarter Net Profit of $105.9 Million or $0.95 per Share
Air Lease Corporation has reported a second quarter 2022 net profit of $105.9 million or $0.95 per diluted share on a year-over-year...
Aug 5, 20223 min read
Lufthansa Group Reports Second Quarter Net Profit of €259 Million or €0.22 per Share
The Lufthansa Group has reported a second quarter net profit of €259 million or €0.22 per share on a 164 percent year-over-year revenue...
Aug 4, 20223 min read
Allegiant Travel Reports Second Quarter Net Income of $4.4 Million or $0.24 per Diluted Share
Allegiant Travel has reported a second quarter net profit of $4.4 million or $0.24 per diluted share on a year-over-three increase in...
Aug 4, 20223 min read
Atlas Air Reports Second Quarter Net Profit of $88.3 Million; Company to be Acquired by Apollo
Atlas Air Worldwide has reported a second quarter net profit of $88.2 million or $2.65 per diluted share on an increase in revenue to...
Aug 2, 20224 min read
Air Canada Reports Second Quarter Net Loss of $386 Million or $1.60 per Diluted Share
Air Canada has reported a second quarter net loss of $386 million or ($1.60) per diluted share on a nearly five-fold year-over-year...
Aug 2, 20223 min read
JetBlue Reports Second Quarter 2022 Net Loss of $188 Million or $0.58 per Diluted Share
JetBlue has reported a second quarter net loss of $188 million or ($0.58) per diluted share on a year-over-year increase in revenue of...
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