Tag: earnings
SIA Engineering posts S$11.2 million loss for year
Singapore’s SIA Engineering said Tuesday (4 May) that it posted a net loss of S$11.2 million for the financial year ended 31 March 2021,...
Cebu Pacific posts US$457 million net loss for 2020
Cebu Pacific (CEB) said on Tuesday (30 March) that it lost 22.2 billion pesos (about US$457 million) for the full year of 2020, following...
AirAsia posts huge net loss as COVID-19 wreaks havoc on earnings
Low-cost carrier AirAsia Group said Monday (29 March) that it posted its worst-ever loss in 2020 as border restrictions and quarantines kept international flying...
Rolls-Royce posts US$5.58 billion loss for 2020
UK engine-maker Rolls-Royce said on Thursday (11 March) that it lost a worse than expected US$5.58 billion in 2020 due to the shutdown in...
Cathay Pacific posts record loss of US$2.79 billion as COVID-19 continues...
Hong Kong flag carrier Cathay Pacific Airways said on Wednesday (10 March) that it posted a record annual loss of HK$21.65 billion (US$2.79 billion),...
Etihad suffers operating loss of US$1.7 billion
Abu Dhabi's national carrier Etihad on Thursday (4 March) said it posted an operating loss of US$1.7 billion in 2020 due to the COVID-19...
Qantas Airways posts A$1 billion first-half loss as Air New Zealand...
Qantas Airways and Air New Zealand both reported losses for the half-year ended 31 December, but said COVID-19 vaccines would help restart international travel....
ST Engineering net profit falls 10% in 2020
Singapore Technologies Engineering (ST Engineering) reported its full-year financial results Friday (19 February) for the year ended 31 December 2020 and said its net...
Airbus operating profit falls as COVID-19 cuts orders
European planemaker Airbus said Thursday (18 February) that it posted a full-year operating loss of 510 million euros while its adjusted operating profit fell...
Asiana posts net loss for 2020
Asiana Airlines, South Korea's second-biggest airline by sales, said Tuesday (16 February) its net losses narrowed in 2020 from a year earlier on cost...
