Willis Lease Finance Corporation (WLFC) has reported second quarter total revenues of $75.0 million and pre-tax profit of $9.7 million. The company reported lower revenue in the second quarter of 2020...
Copa, which has been in hibernation for the second quarter, has posted a net loss of US$386.0 million or (US$9.08) per share. Excluding special items, the company would have reported a net loss of US$...
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...
Wizz Air has launched a €3bn European medium term note (MTN) programme, which has been provisionally rated Baa3 by Moody’s and BBB- by Fitch Ratings. Wizz Air has applied for the notes issued under th...
Despite widespread market difficulties MTU Aero Engines generated HI revenue of €2.048 billion, versus €2.243 billion for the same period in 2019, which translate into an operating profit of €224.2 m...
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...
Southwest Airlines has taken its fourth and final disbursement of CARES Act funds with the receipt of $326 million from the US Treasury. Southwest first tapped CARES ACT FUNDS on April 20 when the car...
Samsung Partners a Korea-based private equity firm has launched an investment Samsung Aviation Partners to focus on global aviation investment. Samsung is in the process of setting up a leasing platfo...
International Airlines Group (IAG) has announced a rights issue of up to €2.75bn billion to boost its liquidity and reduce leverage. Goldman Sachs, Morgan Stanley and Deutsche Bank are acting as unde...
ANA has recorded a 108.8 billion yen ($1.01 billion) loss in Q1 despite a strong focus on cost reduction by the Japanese carrier. “Passenger demand for both international and domestic flights declined...
SIA announced that the second quarter, which ended on June 30 and was the first of the carrier’s 2020 fiscal year, resulted in a 1.123 billion Singapore dollar ($816 million) loss. These losses come o...
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