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5/5/2021
Virgin Australia $3.1 billion loss in 2020
News reports state that Virgin Australia’s $3.1 billion loss in the 2020 financial year provides a “sobering snapshot”... more
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11/2/2021
Air Namibia files for voluntary liquidation
News reports state that Debt-laden Air Namibia, which cancelled all flights earlier on Thursday, has been placed into... more
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28/1/2021
Wizz Air dives into a $116 million loss for third quarter
New reports state that Budget carrier Wizz Air dived to a statutory loss of $116m (£102m) for the third quarter as... more
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28/1/2021
American Airlines posts historical highest loss for 2020 of $8.9 billion
News reports state that American Airlines reported an $8.9 billion loss for 2020 on Thursday due to the coronavirus,... more
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29/12/2020
Montenegro Airlines ceases trading
News reports state that Montenegro Airlines ceased its operations on Saturday after the country's new government... more
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25/11/2020
El All postsloss of $147 million in the third quarter
News reports state that El Al Israel Airlines on Wednesday reported a whopping loss of $147 million following a 94... more
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18/11/2020
Norwegian Air Shuttle files for bankruptcy protection
News reports state that Low-cost carrier Norwegian Air Shuttle said Wednesday it is seeking restructuring and... more
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