Southwest Airlines Reports Record Second Quarter Net Profit of $760 Million or $1.20 per Share
Southwest airlines has reported a record second quarter net profit of $760 million or $1.20 per diluted share on a year-over-year increase..
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Jul 30, 20222 min read
Singapore Airlines Reports First Quarter FY 2022/23 Net Profit of $370 Million
Singapore Airlines has reported a record first quarter FY 2022/23 operating profit of $570 million and a net profit of $370 million or...
Jul 29, 20223 min read
IAG Reports Second Quarter Net Profit of €133 Million, H1 Net Loss of €654 Million
The International Consolidated Airlines Group (IAG) has reported a second quarter net profit of €133 million and a first half net loss of...
Jul 28, 20224 min read
JetBlue and Spirit Airlines to Merge, Creating Low Cost Challenger to the Big Four Airlines
After months of proposals and counter proposals, the Boards of JetBlue and Spirit Airlines have agreed to a definitive merger agreement...
Jul 27, 20222 min read
Hawaiian Airlines Reports Second Quarter Net Loss of $36.8 Million or ($0.72) Per Share
Hawaiian Holdings has reported a second quarter 2022 net loss of $36.8 million or ($0.72) per share and an adjusted net loss of $46.1...
Jul 25, 20223 min read
Ryanair Reports Fiscal First Quarter 2022 Net Income of €170 Million or 16.53 Euro Cents per Share
Ryanair has reported a fiscal first quarter net income of €170 million or 16.53 euro cents per share compared to a net loss of €273...
Jul 21, 20222 min read
Alaska Air Group Reports Second Quarter Net Income of $139 Million or $1.09 per Diluted Share
Alaska Airlines has reported a second quarter net income of $139 million or $1.09 per share on record quarterly revenue of $2.7 billion...
Jul 21, 20222 min read
American Airlines Reports Second Quarter Net Income of $468 Million or $0.68 per Diluted Share
American Airlines has reported a second quarter 2022 net income of $476 million or $0.68 per diluted share on a year-over-three increase...
Jul 21, 20222 min read
United Airlines Reports Second Quarter Net Income of $329 Million or $1.00 per Diluted Share
United Airlines has reported a second quarter 2022 net income of $329 million or $1.00 per diluted share on a year-over-three revenue...
Jul 14, 20222 min read
Pilot Strike Takes Financial Toll on SAS as Airline Seeks DIP Financing
The strikes undertaken by SAS Scandinavia pilots’ unions, which commenced on July 4th, have severely impacted SAS’ liquidity and financial..
Jul 13, 20223 min read
Delta Air Lines Reports Second Quarter Adjusted Net Income of $921 Million or $1.44 per Share
Delta Air Lines has reported a second quarter net profit of $735 million or $1.15 per diluted share on a year over three increase in...
Jul 5, 20223 min read
SAS Files for Chapter 11 Voluntary Reorganization in the U.S., Business Operations Unaffected
SAS has today filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code. The process is different from bankruptcy...
Jun 30, 20222 min read
KLM Repays Remainder of Pandemic-Related Loan to the Dutch Government
KLM is repaying the final portion of €277 million of loans secured from the Dutch Government and banks in 2020. In total, the carrier...
Jun 24, 20223 min read
Qantas Group Awards $5,000 One-Off Bonus to Around 19,000 EBA-Covered Team Members
Qantas is offering a one-off $5,000 bonus to approximately 19,000 EBA-covered employees at a cost of $87 million. The bonus follows a two..
Jun 9, 20222 min read
SWISS Terminates State Backed Bank Loan Facility Ahead of Schedule
SWISS terminated a bank loan facility guaranteed by the government of the Swiss Confederation at the end of May 2022, well ahead of...
Jun 9, 20223 min read
Transat Reports Fiscal Second Quarter Net Loss of $98.3 Million or $2.60 per Diluted Share
Transat has reported a fiscal second quarter net loss of CAD $98.3 million or ($2.60) per diluted share on a revenue increase to $358.2...
Jun 8, 20223 min read
Wizz Air Reports FY 2022 Net Loss of €643 Million on 125 Percent Increase in Revenue to €1.7 Billion
Wizz Air has reported a fiscal full year 2022 net loss of €643 million on a 125 percent year-over-year increase in revenue to €1.7 billion..
Jun 7, 20222 min read
Hong Kong SAR Government Extends HK $7.8 Billion Bridge Loan Drawdown Period to Cathay Pacific
Cathay Pacific has today welcomed the Hong Kong SAR Government's decision to extend the drawdown period of the HK $7.8 billion loan...
May 31, 20222 min read
SAS Reports Fiscal Second Quarter 2022 Net Loss of $156 Million or $0.02 per Share
SAS has reported a fiscal second quarter 2022 net loss of SEK 1.52 billion (US $156 million) or SEK 0.21 per share (US $0.021 per share)...
May 25, 20223 min read
Play Airlines Reports First Quarter 2022 Net Loss of $11.2 Million
Play Airlines has reported a first quarter net loss of $11.2 million, compared to a loss of $0.4 million during the same period last...
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