April 17, 2021 5:32 am ET
July 30, 2020 7:00 am ET -
Singapore Airlines Group Announces Financial Results
Singapore’s-national carrier, Singapore Airlines, announced significant losses during the company's second-quarter financial results. On July 29, the airline announced that the second quarter, which ended on June 30 and was the first of the carrier's 2020 fiscal year, resulted in…
July 24, 2020 4:08 am ET -
Alaska Airlines Announces Second Quarter Results, Oneworld Invite
The Alaska Air Group reported their second-quarter results and an official invitation to join the Oneworld alliance. As with all airlines, the Seattle-based airline reported significant losses due to the COVID-19 pandemic. Alaska’s reported net loss was $214 million under…
June 8, 2020 11:15 pm ET -
Austrian Airlines Takes Financial Recovery Package
As the list of airlines that have received government-backed financial support grows during the COVID-19 pandemic, Austrian Airlines has announced that it will be the newest member of this group. In a press conference, the Vienna-based carrier announced that they…
March 4, 2020 10:00 am ET -
Ethiopian Airlines Records Strong Half-Year Profit
Though unaudited, Ethiopian Airlines (Ethiopian) posted strong half-year financial returns in the current fiscal year with Public Enterprises Agency, reporting a $260 million in profit for the 2019-2020 year. $2.1 billion recorded in revenues made it the second most profitable…
September 22, 2019 12:00 am ET -
Caribbean Airline LIAT to Continue Flying Despite Reports
Caribbean regional airline, LIAT, has insisted that it will continue operations, despite local media reports that the airline is on the verge of collapse. The airline’s CEO has rebuffed claims from media in one of the carrier's home countries of…