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Korean Air net loss narrows in Q1 thanks to cargo sales;...

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Flag carrier Korean Air announced last week it had narrowed its 2021 first-quarter loss to US$25 million from US$610 million for the same period...

Korean Air posts net loss for 2020

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Flag carrier Korean Air announced Thursday (4 February) that it posted a net loss of 228.1 billion won (US$209.7 million) due to net interest...

Boeing’s hits net loss of almost US$12 billion

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US plane maker Boeing on Wednesday (27 January) posted a net loss for 2020 of US$11.9 billion after suffering through the grounding of its...

Korean Air posts Q3 net loss

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Korean Air Lines posted a third-quarter net loss on 5 November of 385.93 billion won (US$342 million) compared to a 211.85 billion won net...

Singapore Airlines posts US$2.5 billion net loss in first half as...

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Singapore Airlines (SIA) said Friday (7 November) that it posted a net loss of S$3.46 billion (US$2.57 billion) for the six months through September....

Rolls-Royce consolidating operations in Singapore, closing some operations in Great Britain

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Global engine maker Rolls-Royce reported Thursday (27 August) that it lost £5.4 billion (US$7.12 billion) in what it called a “significant (first half) impact...

AirAsia X posts Q2 loss, starts talks with creditors to reschedule...

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AirAsia X said Wednesday (26 August) that it was “in active engagement” with its creditors to reschedule payments and reduce costs as well as...

Air New Zealand reports first annual loss in 18 years and...

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Flag carrier Air New Zealand said Thursday (27 August) it posted an underlying pretax loss of NZ$87 million in the 12 months ended June...

Airbus posts Q2 net loss

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European plane maker Airbus posted a net loss Thursday (30 July) of 1.4 billion euros (US$1.7 billion) for the second quarter and said the...

UPDATED: Singapore Airlines posts S$1 billion loss in Q1 as COVID-19...

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Singapore Airlines (SIA) announced Wednesday (29 July) that it lost S$1 billion (US$727 million) in the first quarter after the COVID-19 pandemic virtually shut...