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Wizzair has to pull out the red pencil

The Hungarian low-cost airline posted deep red figures in the past financial year - nevertheless, the signs are slowly but surely pointing to recovery. In the financial year that ended at the end of March, according to initial calculations, there was a minus of 475 to 495

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2020: FACC writes a loss of millions

The CoV pandemic brought the Upper Austrian aviation supplier into a lot of turbulence in 2020. The bottom line was the operating loss in the Corona year was 74,4 million euros. In the 2019 financial year, there was still an operating profit of 22,1 million euros

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Airbus loses billions

The pandemic is leaving deep scars on Airbus: In the past financial year, the European aircraft manufacturer posted a loss of billions. The bottom line is the minus in Corona year 2020 a total of 1,13 billion euros. “The past year has been a challenge

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TUI can curb the flow of capital

The travel company, shaken by the corona pandemic, will have to redefine it again in the first fiscal quarter of 2020/21. However, the operating loss turned out to be less than the experts feared. As CEO Fritz Joussen announced in the morning, the vacation company lost

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Alitalia: State promises more million aid

The Italian airline has not made a profit for almost 20 years. And had to file for bankruptcy in 2017. For this reason, the state had recently granted the carrier bridging loans amounting to billions. But from all appearances

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Hotelplan Group has its worst business year

The effects of the corona pandemic clouded the business results of the Hotelplan Group massively. The worst business result resulted from the collapse of sales calculated on a comparable basis by 57,7 percent to 808,9 million Swiss francs

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Ryanair expects a loss in the billions

The corona crisis still has current world events under control. This also reflects the balance sheet for the third quarter at Ryanair. In the third quarter a year ago there were around 36 million passengers

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SAS flies a loss of 838 million euros

Due to the corona pandemic, the Scandinavian SAS is deep in the red. Sales fell by 55 percent to 20,5 billion Swedish kronor. The recently ended fiscal year 2020 is therefore deep red: The carrier is writing

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