Tag Archives: reports

International Airlines Group reports €7.4bn loss for 2020 | News

International Airlines Group reports €7.4bn loss for 2020 | News

Worldwide Airways Group has reported a lack of €7.four billion for monetary 2020 because the Covid-19 pandemic wrought havoc within the aviation sector. The losses embrace expenses for distinctive gadgets referring to gasoline and foreign money hedges, early fleet retirement and restructuring prices. The determine is compared to a revenue of €2.6 billion in 2019. […]

Air France-KLM reports loss of €7.1bn for 2020 | News

Air France-KLM reports loss of €7.1bn for 2020 | News

Air France-KLM has reported a lack of €7.1 billion for monetary 2020 as the worldwide Covid-19 pandemic grounded worldwide journey. Passenger numbers fell 67 per cent final 12 months, the airline stated in a press release earlier, whereas income fell 59 per cent in comparison with the earlier 12 months. Benjamin Smith, chief government of […]

On the Beach reports weak trading ahead of summer | News

On the Beach reports weak trading ahead of summer | News

On the Seashore Group has mentioned client demand stays “very weak” following a collection of disruptions owing to Covid-19. Forward of its annual common assembly right now, the corporate mentioned UK internet site visitors, bookings and spend on on-line advertising and marketing exercise throughout the primary 4 months of the monetary 12 months down 73 […]

Delta reports $15.6bn loss for financial 2020 | News

Delta reports $15.6bn loss for financial 2020 | News

Delta Air Traces has reported a pre-tax lack of $15.6 billion for monetary 2020, representing a loss per share of $19.49 on whole income of $17.1 billion. Within the December quarter alone, the provider noticed pre-tax losses of $1.1 billion. “Our December quarter outcomes capped the hardest 12 months in Delta’s historical past,” stated Ed […]

Jet2 reports big losses for summer season | News

Jet2 reports big losses for summer season | News

Jet2 has reported a loss after tax of £69 million for the six months to the top of September, down from a revenue of £279 million for a similar interval final yr. The leisure airline and tour operator noticed income fall by almost 90 per cent over the half yr, down from £2.5 billion to […]

Aloha Friday Photo: Lanikai Beach at sunrise + Reports from launch of Hawaii’s safe travels program

Aloha Friday Photo: Lanikai Beach at sunrise + Reports from launch of Hawaii's safe travels program

Mahalo to Irene Buggy who shared this beautiful dawn shot with us for Aloha Friday Photos. Irene tells us that that is her favourite image from her Oahu trip. It’s an exquisite picture, certainly! — From all experiences we’ve seen, it seems that the launch of Hawaii’s new protected/pre-travel testing program was largely successful. As […]

Delta Air Lines reports huge quarterly losses | News

Delta Air Lines reports huge quarterly losses | News

Delta Air Traces has reported a pre-tax lack of $2.6 billion for the three months to the tip of September. As well as, the provider stated it has incurred an additional $four billion in losses in from objects immediately associated to the affect of Covid-19 and the its response, together with fleet-related restructuring prices and […]

UNWTO reports gradual reopening of global borders to tourism | News

UNWTO reports gradual reopening of global borders to tourism | News

A majority of locations around the globe have now began easing journey restrictions launched in response to the Covid-19 pandemic. Although many stay cautious in view of the event of the pandemic, the seventh version of the Covid-19 Related Travel Restrictions: A Global Review for Tourism from the UNWTO confirms the continued pattern in the […]

Qantas reports modest profit for financial 2020 | News

Qantas reports modest profit for financial 2020 | News

Regardless of what the service branded because the “most difficult interval in its lengthy historical past,” Australian flag-carrier Qantas has reported an underlying revenue of AUS$124 million (£68 million) for the 12 months to June 30th. The determine is, nonetheless, down 91 per cent on final 12 months. This drop displays a robust first half […]

Air France-KLM reports €1.5 billion quarterly loss | News

Air France-KLM reports €1.5 billion quarterly loss | News

Air France-KLM has reported a €1.5 billion loss for the second quarter because the Covid-19 continues to take an enormous toll on the worldwide aviation sector. This compares to a revenue of €1.9 billion for a similar interval final yr. Nonetheless, in an indication the worst is likely to be over, the group stated it […]

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