Tag: Financial Results

United Airlines announces second-quarter 2024 financial results

United Airlines (UAL) today reported second-quarter 2024 financial results. The company had pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%. The company expects pre-tax margin to be near the to...

Delta Air Lines announces June quarter 2024 financial results

Delta Air Lines today reported financial results for the June quarter and provided its outlook for the September quarter. Highlights of the June quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. Ed Bastian, Delta's chief executive officer said: "Thanks ...

Mesa Air Group reports second quarter fiscal 2024 results

Mesa Air Group, Inc. today reported second quarter fiscal 2024 financial and operating results. Second Quarter Fiscal 2024 Update: Total operating revenues of $131.6 million. Pre-tax income of $11.7 million, net income of $11.7 million or $0.28 per diluted share. Adjusted net income of $6.3 mi...

United Airlines announces first-quarter 2024 financial results

United Airlines (UAL) today reported first-quarter 2024 financial results. The company had a pre-tax loss of $164 million, a $92 million improvement over the same quarter last year; adjusted pre-tax loss1 of $79 million, a $187 million improvement on an adjusted basis over the same quarter last y...

Delta Air Lines announces March quarter 2024 financial results

Delta Air Lines today reported financial results for the March quarter and provided its outlook for the June quarter. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. Ed Bastian, Delta's chief executive officer said: "Thanks to ...

Virgin Atlantic reports total revenue of £3.1bn for 2023 financial year

Virgin Atlantic reports total revenue of £3.1bn for 2023 financial year

Virgin Atlantic has released its annual financial results for the year ending 31 December 2023, reporting a total revenue of £3.1bn. Compared to 2022, the "record" amount indicates an increase of £265mn. Meanwhile, Virgin claims continued cost discipline, combined with enhanced fleet utilisa...

Heathrow turned 'small profit' in 2023 after '3 consecutive years of losses'

Heathrow turned ‘small profit’ in 2023 after ‘3 consecutive years of losses’

Heathrow Airport this week shared its 2023 financial results, declaring a "small profit" after three consecutive years of losses brought on by the coronavirus pandemic. Reporting a "strong year", the airport turned a revenue of almost £3.7mn - an increase of 26.6 per cent compared to 2022. He...

Air Canada reports fourth quarter and full year 2023 financial results

Air Canada today reported its fourth quarter and full year 2023 financial results. Michael Rousseau, President and Chief Executive Officer of Air Canada said: "Air Canada produced very strong results for the fourth quarter and full year 2023, delivering on its key financial goals and strategic pr...

Ryanair cuts profit forecast after being removed from booking sites

Ryanair cuts profit forecast after being removed from booking sites

Ryanair has reported a slump in quarterly profits and narrowed its expectations for annual earnings after a number of online travel agents (OTAs) removed its flights from their websites. It comes after an ongoing feud between the low-cost carrier and several OTAs which Ryanair has described as ...

Korean Air’s tentative Q4 and full year 2023 financial results

Korean Air, one of South Korea's leading airlines, has announced remarkable financial results for the fiscal year 2023, indicating a strong resurgence in the aviation sector despite the lingering impacts of the COVID-19 pandemic. According to the latest financial report released by the airline, K...

Alaska Air Group reports fourth quarter and full year 2023 results

Alaska Air Group Inc. today reported financial results for the fourth quarter and full year ended December 31, 2023. Ben Minicucci, CEO, said, "Air Group's 2023 accomplishments were significant. "I want to thank our people for delivering a reliable operation, industry-leading cost performance...

United Airlines announces full-year and fourth-quarter 2023 financial results

United Airlines (UAL) unveiled its financial performance for the fourth quarter and full year of 2023, showcasing resilience and success in the face of a challenging operating environment. The company reported full-year diluted earnings per share of $7.89 and adjusted full-year diluted earnings p...

Kazakh flag carrier Air Astana announces ‘strong’ financial results

Air Astana, the Kazakh flag carrier, has announced "strong" financial results this year for the nine months ending 30 September. With a total revenue and other income growth of 20.5 per cent to US$900.6m and an operating profit increase of 11.2 per cent to $128.9m, the airline declared a "strong ni...

Delta Air Lines announces September quarter 2023 financial results

Delta Air Lines today reported financial results for the September quarter and provided its outlook for the December quarter 2023. Highlights of the September quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. "Thanks to the outstanding work of our entir...

Air Canada Reports First Quarter 2023 Financial Results

Air Canada today reported its first quarter 2023 financial results. "Air Canada's impressive first quarter performance reflects the strength of our brand, the very strong demand environment across all markets and the effective execution of our strategic plan," said Michael Rousseau, President ...

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