financial results

Delta on Thursday reinstated its full-year financial guidance for investors, setting lower targets than were predicted back in January.

British carrier Virgin Atlantic Limited, owned 51% by Virgin Group and 49% by Delta, published on Monday its financial results.

Gross commercial aircraft orders for Airbus Industries amounted to 156, almost 100 orders lower than in Q1 2022 (253 aircraft), with net orders after cancellations of 142 aircraft. Airbus’ commercial aircraft revenues decreased by 5 percent compared to the same period last year, mainly due to lower deliveries, partly offset by the strengthening of the […]

The International Airlines Group (IAG) Anglo-Spanish multinational holding company formed on January 21, 2011, from the merger of the flag carriers of the United Kingdom and Spain, British Airways and Iberia, published its financial results for the third quarter of 2022 a few days ago. As of September 30, 2022, the Group had total liquidity […]

As Kenya Airways struggles to shrug off its losing streak, the airline announced it has cut its first-half losses by almost a third as the reopening of travel markets enabled it to more than double passenger revenues. The airline reported a loss of $82.4 million during the half-year period ending June 2022, according to disclosure […]

LATAM Airlines Group’s operational passenger projection for November 2021 is estimated to reach 62% compared to the same month in 2019, as measured in available seat kilometers. According to a press release, for this month, solid results from October have been maintained in the countries where the group operates, with significant increases in the estimate […]

On June 30, 2020, Aeroméxico announced the beginning of a voluntary financial restructuring process under Chapter 11 of the legislation of the U.S., which has been carried out while continuing to operate as a going concern and offering services to its clients with the same quality that characterizes it. Despite this business decision, the Mexican […]

This Monday, the LATAM Airlines Group reported that it foresees better operational prospects for the next six months, despite the profound impact of the pandemic in Latin America so far this year. In a press release, the group stated that it plans to reach a capacity greater than 50% of its pre-pandemic operations, measured in […]

More than a year into the Covid-19 pandemic, many airlines have returned to operating bolstered schedules with flights filled with passengers once again. Airports have been busy and airlines have ramped up flight schedules and opened up recruitment drives as air travel returns to a new, yet familiar normal. The return of air travel might […]

Alaska Airlines recently held an earnings call and announced its second quarterly reports for 2021, citing a net income of $397 million compared to last year’s net loss of $214 million at the peak of the COVID-19 ordeal. Additionally, the airline posted a net loss for this year’s second quarter of $38 million excluding any […]