Abu Dhabi’s Etihad halves half-year loss to $400 mln
(Reuters) – Abu Dhabi’s Etihad Airways on Tuesday said its core operating losses halved in the first half of the year to $400 million and…
loss
Japan Airlines narrows operating loss to $757 mln
(Reuters) – Japan Airlines (JAL) on Tuesday posted a first-quarter operating loss of 82.65 billion yen ($756.87 million), an improvement from a year earlier, as pandemic-related…
Japan Airlines forecasts record annual loss of $3.6 billion after swing to second-quarter loss
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) on Friday forecast a record operating loss of as much as 380 billion yen ($3.63 billion) for…
IATA: Airlines heading for $84 billion loss this year
PARIS (Reuters) – Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the…
Flydubai narrows first half loss but warns of pressure from MAX grounding
(Reuters) – Flydubai warned on Monday of significant financial pressure from the unprecedented grounding of the Boeing (BA.N) 737 MAX as it reported a 196.7…
Easy Jet: £212 million loss – blames Brexit vote
Budget airline easyJet has posted a whopping £212 million loss – and laid the blame squarely at the fallout from the Brexit vote. It said…
Delta Air Lines posts loss after fuel hedging, upbeat on new year
(Reuters) – Delta Air Lines Inc said on Tuesday it lost $712 million in the fourth quarter largely due to fuel hedge settlements, although the…
India’s Jet Airways flies into record quarterly loss
India’s Jet Airways, partly owned by Gulf carrier Etihad, announced Tuesday its biggest quarterly loss and vowed “stringent” cost-cutting steps as it struggles to become…
SpiceJet posts loss on high fuel costs and weak currency
(Reuters) – SpiceJet Ltd , India’s fourth-biggest airline by market share, reported a quarterly loss mainly due to higher fuel costs and a weak local…
Ryanair slides into loss, reassures on annual profit
(AFP) Ryanair fell into an expected loss during its third quarter as lower fares and an unfavourable exchange-rate offset rising passenger numbers, the Irish no-frills…
Boeing Space Surveillance System Reduces Risk of Satellite Loss by 66 Percent
The Boeing Space-Based Space Surveillance (SBSS) system has helped the U.S. Air Force cut the danger of satellites being lost by two-thirds in the past…
IAG slumps to near 1 bn euros loss on Iberia woes
AFP International Airlines Group, parent of British Airways, on Thursday posted a 2012 net loss of 943 million euros ($1.239 billion), hit by troubles at…
You must be logged in to post a comment.