LATAM Airlines reported on Monday its preliminary operating results for the month of August 2020, which demonstrate steady progress in the gradual recovery of the airline's network in both the domestic and international markets. The group operated at 13.9% of its capacity – measured in ASK – compared to August 2019, an improvement of almost five points compared to the previous month, when it operated 9.2%, the highest month-on-month variation since the start of the pandemic. The carrier flew 5.7%…
Boeing announced today its results for the second quarter of the year and it comes as no surprise that the balance continues to be negative, even with the significant contribution of Boeing Defense & Space and Boeing Global Services. With Boeing Commercial facing such a challenging time, the company is…
American Airlines announced their second quarter earnings late last week, beating analyst expectations with revenues of $11.1 billion and a diluted EPS excluding special items of $1.92 vs analyst expectations of revenues of $11.08 billion and an EPS of $1.87. Second quarter net profit fell 15 percent due to increases…
