Air New Zealand has reported earnings before taxation of NZ$211 million for the six month period ending 31 December 2018 - compared to $323 million in the prior period and a net profit after taxation of $152 million - down 34 per cent on 2017. Shareholders of Air New Zealand will receive a fu...

Cash-strapped Norwegian has raised three billion Norwegian krone (£268 million) from shareholders and said it changing its strategic focus "from growth to profitability". The carrier has been synonymous over the last few years for opening new routes and buying aircraft, but has recently sold air...

American Airlines has today reported in 2018 it achieved a full-year net profit of $1.4 billion, or $2.1 billion excluding net special items as strong demand and a growing network helped it overcome higher fuel prices. In the fourth-quarter (Q4) 2018 it recorded a better than forecasted net profi...

Delta Air Lines today reported financial results for the December quarter and full year 2018 with the headline being a rise in pre-tax income and revenue, but revealed trading concerns due to increasing currency headwinds and the ongoing US government shutdown. Adjusted pre-tax income for the Dec...

Germania is the latest carrier to reveal financial troubles and said it is "examining various options to ensure its short-term liquidity needs". The Berlin-based airline said challenges included a massive increase in fuel prices, and the weakening of the Euro versus the US dollar. Germania sai...