May 12, 2021 6:30 am ET
October 28, 2020 6:00 am ET -
JetBlue Announces Major Traffic Increase in Third Quarter, Finalizes Guyana…
JetBlue Airways has become the latest U.S. airline to announce its third-quarter financial results. The airline reported significant financial losses due to the COVID-19 pandemic and the travel dropoff associated with it. The New York-based carrier announced a pre-tax loss…
October 22, 2020 11:46 am ET -
American Airlines Earnings Show Hope for New Strategies
Fort Worth, Texas-based American Airlines reported earnings for the third quarter on Thursday morning, announcing a net loss of $2.4 billion on the back of $3.17 billion in revenue, a 73% revenue decrease from the same period in 2019. The…
October 14, 2020 8:14 pm ET -
United Lowers Cash Burn Rate in Third Quarter Earnings Report
United Airlines on Wednesday became the second major U.S. carrier to report its third-quarter earnings, missing Wall Street's expectations with a net loss of $1.8 billion on the back of $2.49 billion in revenue for the period ending Sept. 30.…
October 13, 2020 11:21 am ET -
Delta CEO Says Airline is Looking to 2022, 2023 for…
Atlanta-based Delta Air Lines reported a nearly $5.4 billion net — after-tax —loss in the third quarter on Tuesday morning as the airline became the first major U.S. carrier to release figures for the period. This came even as the…
August 23, 2020 6:30 am ET -
Qantas Reports Second Highest Loss In Company’s History
Sydney-based Qantas announced its consolidated fiscal year results marking the depth of the crisis caused by the ongoing COVID-19 pandemic. Australia’s flag carrier posted a statutory loss of 2.7 billion Australian dollars ($1.9 billion) for the fiscal year ended June…