Advertisements



We are Sorry, This Page doesn't Exist


American Airlines sees signs of hope as it posts $1.25 billion loss, delays new Boeing jets

American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it .....»»

Category: topSource: chicagotribuneApr 22nd, 2021

Earnings Results: United Airlines lost more than $1.3 billion to start the year, and the stock is falling

United Airlines Holdings Inc. lost more than $1.3 billion in the first three m.....»»

Category: topSource: marketwatchApr 19th, 2021

Southwest lost thousands of employees in 2020, while American lost tens of thousands, filings show

The sheer volume of employee losses for the two North Texas carriers, disclosed recently in regulatory filings, illustrate how terrible 2020 was for airlines......»»

Category: topSource: bizjournalsMar 3rd, 2021

Airlines lost millions on PHL’s most popular routes in 2020, new data shows

The opportunity losses for some popular routes stack up in the tens of millions......»»

Category: topSource: bizjournalsFeb 2nd, 2021

American Airlines lost nearly $9 billion last year, yet its stock is surging

American Airlines lost $2.2 billion in the fourth quarter as people stayed put in the pandemic, sending the carrier’s revenue plunging. But the airline's stock rose.....»»

Category: topSource: chicagotribuneJan 28th, 2021

COVID-19 hands Southwest its first full-year loss since 1972

Southwest Airlines said it lost $3.1 billion in 2020, its first full-year loss since its early days in 1972, and said bookings for early this year have stalled in the face of high numbers .....»»

Category: topSource: chicagotribuneJan 28th, 2021

How are airlines doing during the pandemic? Delta lost $12 billion in 2020.

Delta Air Lines executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and t.....»»

Category: topSource: chicagotribuneJan 14th, 2021

EasyJet, Germanwings lose legal fight against EU"s Italian airport ruling

Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia......»»

Category: topSource: reutersMay 13th, 2020

Option Traders Make Big Bets On American Airlines

American Airlines Group Inc (NASDAQ: AAL) shares lost 2.73% Wednesday and are now down 68.2% year-to-date in the wake of the coronavirus outbreak.  read more.....»»

Category: blogSource: benzingaMay 6th, 2020

United Deep Dive: Earnings Call Underscores Airlines" Disciplined Survival Plan

No one knows when the economic depression will end. It's no surprise that many companies lost money in the first quarter and wil.....»»

Category: earningsSource: benzingaMay 4th, 2020

American Airlines lost more than $2 billion last quarter

Carriers could lose lose $21 billion this year, with air travel within the U.S. down 95% from a year ago......»»

Category: topSource: moneycentralApr 30th, 2020

American Airlines lost $2.2 billion in the first quarter as the coronavirus began to wreck the airline industry. This quarter is poised to be even worse. (AAL)

REUTERS/Mike Blake American Airlines lost $2.2 billion dollars in the first quarter as the coronavirus roils the airline industry. The airline retired a variety of aircraft types as part of its effort to lower expenses, inclu.....»»

Category: topSource: businessinsiderApr 30th, 2020

American Airlines loses $2.2B as coronavirus grounds flights

The Fort Worth, Texas-based air carrier lost $2.2 billion, or $5.26 a share, as total operating revenue plunged 20 percent to $8.52 billion......»»

Category: topSource: foxnewsApr 30th, 2020

Half of all Americans are canceling their summer vacations — what to expect in refunds from cruise lines, hotels and airlines

Many people who had upcoming vacation plans have lost money on nonrefundable travel expenses because of the coronavirus pandemic......»»

Category: topSource: marketwatchApr 30th, 2020

Malaysia Airlines says working with Khazanah for financial support, taken cost cuts

Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the coronavirus crisis, it said on Thursday......»»

Category: topSource: reutersApr 30th, 2020

Malaysia Airlines working with Khazanah for financial support, parent co says

Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday......»»

Category: topSource: reutersApr 30th, 2020

Southwest Airlines loses $94 million as coronavirus snarls flights

Southwest Airline lost $94 million in the first quarter as COVID-19 zapped travel demand......»»

Category: topSource: foxnewsApr 28th, 2020

United lost $2.1 billion in the first quarter because of coronavirus, and it"s a dark sign of just how bad things will get for the airline industry (UAL)

Gary Hershorn/Getty United Airlines said on Monday that it had lost $2.1 billion in the first quarter due to the coronavirus pandemic. The airline to.....»»

Category: topSource: businessinsiderApr 20th, 2020

Coronavirus contagion besieges travel industry

Up to 50 million jobs in travel and tourism could be lost because of the coronavirus epidemic, a leading body says, as airlines, cruise operators and others reel from plummeting demand and travel restrictions. Lucy Fielder reports......»»

Category: videoSource: reutersMar 13th, 2020

"Almost without precedent": Airlines hit hard by coronavirus

Airline stocks dropped sharply on Thursday as investors reckoned with the prospect of canceled flights, lost sales and substantial reductions in service for months to come. S.....»»

Category: topSource: moneycentralMar 5th, 2020