Tag Archives: quarter

Carnival reports huge fourth quarter loss | News

Carnival reports huge fourth quarter loss | News

Carnival Company has reported a internet lack of $2.2 billion for the fourth quarter of economic 2020. The end result comes because the Covid-19 disaster continues to take its toll on cruising and plenty of Carnival-owned manufacturers – together with Holland America Line and Princess Cruises – have been compelled to delay a return to […]

IAG reports huge losses for third quarter | News

IAG reports huge losses for third quarter | News

Worldwide Airways Group has reported an working lack of €1.three million for the third quarter, down from a revenue of €1.four million for a similar three months final 12 months. Passenger capability operated on the group was down 79 per cent over the interval when in comparison with 2019. Over the primary 9 months of […]

American Airlines reports huge loss for third quarter | News

American Airlines reports huge loss for second quarter | News

American Airways has reported third-quarter income of $3.2 billion, down 73 per cent year-over-year on a 59 per cent year-over-year discount in whole accessible seat miles. The US large confirmed a pre-tax lack of $3.1 billion for the three-month interval. Excluding internet particular objects, the third-quarter pre-tax loss stood at $3.6 billion. “Throughout the third […]

Accor sees revenue slump in third quarter as travel stalls | News

Accor sees revenue slump in third quarter as travel stalls | News

Accor has seen group income fall to €329 million within the third quarter of 2020, down by 69 per cent on a reported and 64 per cent on a like-for-like foundation. The decline was attributed to the continuing restrictions in journey created by the Covid-19 pandemic. RevPAR on the lodge large fell by 63 per […]

Liverpool Council selects Accor for new Knowledge Quarter property | News

Liverpool Council selects Accor for new Knowledge Quarter property | News

Liverpool Metropolis Council has chosen a brand new design Novotel resort from Accor because the franchise model for a brand new 221-bed flagship property. The resort will type a part of the award-winning Paddington Village growth within the Information Quarter of the town. The council has concurrently signed a long-term administration settlement with Legacy Inns […]

Marriott records second quarter loss but eyes green shoots | News

Marriott records second quarter loss but eyes green shoots | News

Marriott Worldwide has reported a second quarter internet lack of $234 million, in comparison with a internet earnings of $232 million in identical interval a year-ago. The second quarter adjusted internet loss totalled $210 million, in comparison with second quarter 2019 adjusted internet earnings of $525 million. Comparable systemwide fixed greenback RevPAR declined 84.Four per […]

Cruises suspension pushes Norwegian to second quarter loss | News

Cruises suspension pushes Norwegian to second quarter loss | News

Norwegian Cruise Line noticed income fall to only $16.9 million within the three months to June 30th, because the sector got here to a digital standstill throughout the coronavirus pandemic. The figures evaluate to income of $1.7 billion recorded for a similar interval of 2019, with the cruise large having fully suspended voyages within the […]

easyJet reports revenue of £7m for third quarter | News

easyJet holidays to relaunch in August | News

easyJet has reported income of simply £7 million for the three months to June 30th, down an astonishing 99.6 per cent when in comparison with the £1.76 billion for a similar interval final 12 months. The low-cost provider flew a complete of 709 industrial flights on ten plane through the interval, once more down vastly […]

Boeing reports further losses in second quarter | News

Boeing reports further losses in second quarter | News

Boeing has posted a web lack of US$2.four billion for the second quarter, primarily reflecting the impacts of Covid-19 and the 737 MAX grounding. The aviation producer noticed second-quarter income complete US$11.eight billion, down from US$15.7 billion throughout the identical interval final yr. “We remained targeted on the well being of our workers and communities […]

Collapse in traffic pushes IAG to second quarter loss | News

Collapse in traffic pushes IAG to second quarter loss | News

Worldwide Airways Group has reported an working lack of €1.three billion earlier than distinctive objects for the second quarter, in comparison with a revenue of €960 million final yr. The group – which owns British Airways, Aer Lingus, Iberia and Vueling – stated passenger visitors fell by 98 per cent in the course of the […]

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