Copa reports second quarter net loss
Copa, which has been in hibernation for the second quarter, has posted a net loss of US$386.0 million or (US$9.08) per share. Excluding special items, the company would have reported a net loss of US$...
Copa, which has been in hibernation for the second quarter, has posted a net loss of US$386.0 million or (US$9.08) per share. Excluding special items, the company would have reported a net loss of US$...
Although Etihad Airways has reported a strong start to 2020, following the suspension of flights to and from the UAE from 24 March, the airline has reported a half year operating loss of US$758 millio...
Brussels Airlines has reported a loss of €182 million in the first six months of 2020, despite the drastic cost-control measures taken to combat the impact of the pandemic crisis. First half revenues ...
The collapse in demand for air travel due to the pandemic has caused an 80% drop in revenue for the Lufthansa Group in the second quarter to €1.9bn – which was €9.6bn in 2019. Most of the revenue - €1...
easyJet remains positive that the airline will resume operations by the end of the third quarter. In a trading update, easyJet confirmed that its focus remains on cost management and delivering profit...
Virgin Atlantic was in court in the UK yesterday for a hearing regarding its solvent recapitalisation plan announced last month. During the court proceedings, Virgin Atlantic’s disclosed that is has f...
Vietjet has posted a Q2 loss of VND1,122 billion ($48.4 million) a period that the carrier operated a flight network of 52 domestic routes with 14,000 flights and transported more than two million pas...
United Airlines today announced it plans to resume service on nearly 30 international routes in September, including flights to Asia, India, Australia, Israel and Latin America and to continue to add ...
United Airlines is ending its contract with ExpressJet, the regional carrier which flies only for the carrier under the United Express brand. United will now consolidate its Embraer ERJ-145 flying wit...
As part of move to optimise its balance sheet Stobart Air has opened a new base at Belfast City Airport and has put on sale routes to Edinburgh, Glasgow, Manchester, Birmingham, East Midlands and Leed...
British Airways is resuming flights to a number of European destinations plus some which are further afield but the carrier says that service frequencies will be low due to the ongoing impact of Covi...
Air Canada today reported that it had made a $1.55 billion Q2 operating loss on total revenues that fell from $4.7 billion in 2019 to $527 million this year. The Canadian carrier has liquidity of $9.1...
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