Tag: Finance
NEWS Apr 24, 2023 Delta Back in Red Figures as Airline Announces Q1 Loss Q1 Results are trickling in from airlines and Delta was the first to announce results — results that were unfortunately negative. Higher operating costs significantly strained revenue, but the future outlook for Delta remains positive. Read More →
NEWS Jan 22, 2022 American Airlines Reports $2 Billion Loss in 2021 American Airlines released their 2021 Financial Statement revealing a $2 billion net loss. This is an incredible recovery from their heavy losses in 2020. Read More →
NEWS Dec 31, 1969 LATAM Airlines Files for U.S. Bankruptcy Protection LATAM, Latin America's largest carrier, said it would continue to fly through its bankruptcy restructuring. Read More →
NEWS Dec 31, 1969 Trump Administration Releases Financial Aid Package for U.S. Airlines After meeting with Steven Mnuchin, the United States Secretary of Treasury, Donald Trump and his administration has released an financial aid package that includes the larger airlines repaying loans with interest after the pandemic is over. Read More →