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Tag: loss

Airline

United Airlines reports $7.1bn loss for financial 2020 | News

January 21, 2021 - by admin

United Airlines has reported a $7.1 billion net loss for 2020, including $1.9 billion in the final quarter alone. Cash burn at the airline rose to $33 million a day …

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Airline

Delta reports $15.6bn loss for financial 2020 | News

January 15, 2021 - by admin

Delta Air Lines has reported a pre-tax loss of $15.6 billion for financial 2020, representing a loss per share of $19.49 on total revenue of $17.1 billion. In the December …

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Cruise

Carnival reports huge fourth quarter loss | News

January 12, 2021 - by admin

Carnival Corporation has reported a net loss of $2.2 billion for the fourth quarter of financial 2020. The result comes as the Covid-19 crisis continues to take its toll on …

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Hotel News

The Loss of One Youth or Amateur Sports Tournament Costs a City an Average of $360,000 in Hotel Revenue

November 18, 2020 - by admin

New data from EventConnect reveals the enormous economic impact on cities from the loss of youth or amateur sports tournaments due to COVID-19 Source link

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Airline

easyJet reports first ever annual loss | News

November 17, 2020 - by admin

easyJet has reported a loss before tax of £1.27 billion for financial 2020 as the Covid-19 pandemic rips through the aviation industry. The figure compares to a profit of £430 …

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Airline

Emirates Group slumps to US$3.8bn six-month loss | News

November 12, 2020 - by admin

Emirates Group has announced a net loss of AED14.1 billion (US$ 3.8 billion) for the first six months of financial year. The figure is down from a profit of AED862 …

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Airline

Passenger slump pushes Ryanair to first-half loss | News

November 2, 2020 - by admin

Low-cost carrier Ryanair has reported a loss of €197 million for the first half of financial 2020 as the Covid-19 pandemic continues to extract a huge toll on the aviation …

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Airline

Air France-KLM reports €1.05bn loss for third quarter | News

November 2, 2020 - by admin

Air France-KLM has reported an operating loss of €1.05 billion for the third quarter of the financial year and the European aviation market reels from the impact of Covid-19. Revenue …

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Airline

Passenger slump pushes Ryanair to first half loss | News

November 2, 2020 - by admin

Low-cost carrier Ryanair has reported a loss of €197 million for the first half of financial 2020 as the Covid-19 pandemic continues to extract a huge toll on the aviation …

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Airline

American Airlines reports huge loss for third quarter | News

October 23, 2020 - by admin

American Airlines has reported third-quarter revenue of $3.2 billion, down 73 per cent year-over-year on a 59 per cent year-over-year reduction in total available seat miles. The US giant confirmed …

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