Tag: depreciation
United Airlines Announces 2020 Financial Results
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…
Alitalia Administrators Neutral on Delta, Lufthansa Offers
MILAN, Nov 6 (Reuters) - Alitalia's administrators said they had no preferred option between Delta Air Lines and Lufthansa, the two groups talking with rail operator Ferrovie dello Stato about a rescue for the troubled…
Brazil Airline Azul’s Profits Drop 20% on Higher Expenses
SAO PAULO, May 9 (Reuters) - Higher operational costs weighed on Brazil's No. 3 airline, Azul SA, sending profits in the first quarter down 20% to 137.7 million reais ($35.06 million), despite significantly higher revenue…