Bouncing Back: Ryanair Reports First Quarterly Profit Since COVID

Europe’s largest low-cost airline Ryanair has reported its first profit since the start of the COVID crisis. Today, the airline posted a profit of €225 million ($260 million) for the three months... Read more »

Qatar Airways reports huge loss for 2020 | News

Qatar Airways has reported a net loss of QAR14.9 billion (US$4.1 billion) for financial 2020, laying out a full accounting of the Covid-19 pandemic to date. The carrier said QAR8.4 billion (US$2.3... Read more »

Airbus reports a EBIT €1.6 billion loss in the second quarter

Industrial system adjusted to new production levels, cash containment and business resizing on track H1 financials reflect COVID-19 impact mitigated by adaptation measures  Revenues € 18.9 billion; EBIT Adjusted € -0.9 billion,... Read more »

Boeing reports its second quarter results

Boeing issued this second quarter financial report: Continued progress on global safe return to service of 737 MAX Revenue of $17.0 billion, GAAP earnings per share of $1.00 and core (non-GAAP)* earnings per share of $0.40... Read more »

Reports Suggest Airbus May Test Hydrogen Tanks On The A380

Recent reports have suggested that Airbus may be looking to its giant double-decker A380 to test out hydrogen tanks for its next-generation airliner. The manufacturer is backing hydrogen as its clean fuel... Read more »