International Airlines Group (IAG) reported a EUR -1.067 billion after-tax loss for the first quarter, an improvement of EUR -1.683 billion in the first quarter last year but still reflects badly, it said on May 7. The operating loss was EUR -1.068 billion versus...
While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is a rolling story on the results of...
While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared to a EUR 1.715 billion profit...
When Emirates’ newest and 118th Airbus A380 is set to enter service on January 4 flying to London Heathrow, it’s a small but nevertheless important step for the airline from Dubai. It will be the first time passengers can enjoy the new Premium Economy class. Whereas...
The airline industry needs another $80 billion in financial aid from governments to get it through the upcoming winter season, IATA Direct General Alexandre de Juniac said last week ahead of Tuesday’s digital Annual General Meeting in Amsterdam. This comes on top of...
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