Hawaiian Holdings, the parent company of Hawaiian Airlines recently held its Q2 2021 earnings call. The results indicate that although the company has reported a net loss of $6.2 million, it is in a far better position than anticipated largely driven by strong demand from US mainland routes. Nevertheless, the results lag behind Q2 2019 net profit of $57.8 million, which followed last year’s net loss of $106.9 million. The carrier saw total revenues of $410.8 million, a 42% decrease…
Viva Air Peru managed to maintain its market share at 11% and increase its punctuality rates by 87%. The carrier closed the year with operations on seven national and two international routes. Viva Air Peru closes the year with a load factor of 81% since the reactivation of its operations,…
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…
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…
