Qantas reports “devastating” financial year due to A380 write-off
FY2020 was devastating for Qantas Group, whose financial results attribute more than half of its almost $2 billion…
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financial results
184 articles
Stay informed about financial results in the aviation industry. Explore articles and news about the financial outcomes, profitability, and any updates.
Azul showcases $186 million cash increase amid losses
Brazilian airline Azul (AZUL) revealed a net increase in cash during Q2 FY2021 while avoiding any new loans.The…
Air Arabia’s 2020 loses reach $46 million
Air Arabia said it witnessed the full impact of the global COVID-19 pandemics within the past three months,…
How Korean Air used pandemic to generate profit
Korean Air, the flag carrier of South Korea, became the first airline to disclose that it managed to…
Embraer pushes back E175-E2 introduction to 2023
In a financial statement released on August 5, 2020, Embraer reported second-quarter losses and a steep drop in…
Air New Zealand to report US$77.2 million loss for FY2020
New Zealand’s flag carrier Air New Zealand has come out and warned investors of a possible loss amounting…
IndiGo to continue taking deliveries of A320neos despite Q4 loss
In what seems to be a gamble on the recovery of the aviation industry, IndiGo, India’s largest airline,…
Embraer announces Q1 2020 results
Brazil-based aircraft manufacturer, Embraer SA, released its financial results for the first quarter of 2020 (ending March 31st,…
Ryanair presents H1 FY2020 results, profit guidance
Europe’s favorite airline, as Ryanair calls itself, has presented its H1 FY2020 financial results, including a slight dip…
Boeing presents Q3 2019 financial results, update on the 737 MAX
During a very eventful week for Boeing, including changes to key executive positions and shades from the past…
737 MAX groundings put pressure on Boeing deliveries in Q3 2019
The U.S. based manufacturer has announced its deliveries for Q3 2019. The results showcase that Boeing, which is…
IAG assesses British Airways strike impact in new FY2019 guidance
International Airlines Group (IAG) (IAG), which owns five airlines, including British Airways (BA), Iberia and Aer Lingus, has…
Qatar Airways posts frugal FY2019 financial results
Qatar Airways has posted its financial results for FY2019. While the press release stated that the report highlights…
On thin ice: Cathay Pacific grows in July but remains skeptical
As the protests in Hong Kong escalate further, Cathay Pacific finds out that its previous forecasts of falling…
Cathay Pacific profit grows, provides prospects for H2 2019
Cathay Pacific, amidst a restructuring plan, has announced its results for H1 2019. The airline group, which consists…
Airbus showcases strong H1 2019; profit, deliveries soar
At the halfway mark of 2019, Airbus’ profits climbed high. The European aerospace giant ramped up the production…
Ryanair profits plunge in Q1 of FY20
The biggest low-cost carrier in Europe, Ryanair publicized their financial results for Q1 of FY20 on July 29,…
Boeing reports biggest loss of its history due to 737 MAX crisis
Boeing reported a loss of nearly $3 billion in the second quarter due to the worldwide grounding of…