Friday, July 11, 2025

Tag: CARES

Alaska Air Group Reports Fourth Quarter 2020 and Full-Year Results
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Alaska Air Group Reports Fourth Quarter 2020 and Full-Year Results

WIL BALDWIN January 26, 2021

Financial Results: Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter…

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United Airlines Announces 2020 Financial Results
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United Airlines Announces 2020 Financial Results

WIL BALDWIN January 20, 2021

CHICAGO, Jan. 20, 2021 /PRNewswire/ -- United Airlines (NASDAQ: UAL) today announced fourth-quarter and full-year 2020 financial results. The company continues its efforts to lead the industry as it manages the most disruptive crisis in aviation history.  Since…

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Mesa Air Completes Second Closing On Secured Loan Facility
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Mesa Air Completes Second Closing On Secured Loan Facility

WIL BALDWIN November 16, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act). The Loan Agreement…

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Boeing Reports Third-Quarter Results
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Boeing Reports Third-Quarter Results

WIL BALDWIN October 28, 2020

- Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding - Proactively managing liquidity and transforming for the future - Revenue of $14.1 billion, GAAP loss per share of ($0.79) and core (non-GAAP)*…

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United Airlines Third Quarter Q3 Sales Drop 78%
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United Airlines Third Quarter Q3 Sales Drop 78%

WIL BALDWIN October 15, 2020

A pilot walks by United Airlines planes at the San Francisco International Airport in April. GETTY IMAGES United Airlines Holdings Inc. stock (Nasdaq: UAL) fell late Wednesday after the airline reported a 78% drop in quarterly…

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SkyWest Enters Into Secured Loan Facility Under CARES Act
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SkyWest Enters Into Secured Loan Facility Under CARES Act

WIL BALDWIN September 29, 2020

St. George, Utah, Sept. 29, 2020 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that it and its wholly-owned subsidiary SkyWest Airlines, Inc. have entered into a five-year Loan and Guarantee Agreement with the U.S. Treasury…

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Delta Launches $6.5 Billion Debt Deal Backed by Frequent Flyer Program
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Delta Launches $6.5 Billion Debt Deal Backed by Frequent Flyer Program

WIL BALDWIN September 14, 2020

CHICAGO, Sept 14 (Reuters) - Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidity to weather a…

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American Airlines Suspends Service to 15 Markets in October
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American Airlines Suspends Service to 15 Markets in October

WIL BALDWIN August 20, 2020

American Airlines Group Inc. (NASDAQ: AAL) will adjust its October schedule to remove service to 15 markets as a result of low demand and the expiration of the air service requirements associated with the Coronavirus…

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