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A Ryanair Boeing 737-800 landing. (Photo: AirlineGeeks | William Derrickson)
[ News ]July 29, 2020 5:00 am ET
By Victor Shalton

Ryanair Reports Second Quarter Losses

Ryanair Holdings PLC reported a loss of €185 million for the second quarter of 2020, the first quarter of its fiscal year, on Monday. This is a stark contrast from the same period last year, when the carrier made €243million, the airline announced in a press release. The loss is attributed to the impact of the ongoing coronavirus pandemic that has brought travel around the globe. EU-imposed travel bans and widespread population contributed to the dropdown and forced Ryanair to…

[ News ]May 30, 2019 8:00 am ET
By Jose Antonio Payet

LATAM Presents Poor Quarterly Results, Makes Significant Network Adjustments

Last week, LATAM held its quarterly earnings call where it presented some rather bleak financial results for the first few months of the year. In the first quarter of 2019, LATAMs earned $2.525 billion in revenue, which represents a 7.5 percent decrease from the $2.730 billion earned during the same…