but faces even more severe losses in Q2. The company is in deep financial trouble and as a result, AAL stock is likely to face further downside. It seems prudent that most investors should stay away from this stock for the time being....
Even before the Flight 370 mystery, state-owned Malaysia Airlines was in serious financial trouble. In an industry notorious for impoverishing shareholders and irking customers, Malaysia Airlines had long stood out for its years of restructurings and losses. That disaster along with the often bumbling...
The airline was already neck deep in financial trouble beforeFlight 370disappeared on March 8. The second disaster will pile on the pressure. Malaysia Airlines shares slumped as much as 17% Friday, before ending down 11%. Shares in Malaysia Airports fell by nearly 5%. Related: Malaysia Airlines...
Hong Kong Airlines has been in some financial trouble over the last few months, as first it fended off a fall in sales thanks to the Hong Kong riots, then a major decline due to the coronavirus. The airline has attempted to shore up its bottom line bydeferring Airbus A350 deliveries,cutt...
Karin Nyman from Scandinavian Airlines said that most canceled flights will be rescheduled for the same day, to avoid leaving passengers stranded. The news about this summer's cancellations came less than three months after the airline announced it was in financial trouble. ...
Byline: Steve Pain Business Staff: Airlines worldwide see more financial trouble on their radars this year, but they should recover from the record-breaking losses suffered after the September 11 attacks in the US slashed global travel demand.Aviation experts predict that the first six months of...
I acknowledge their shortcomings in customer service and cancellation policies. This is an honest review — not out of hate, but as a precaution against potential financial losses due to flight cancellations. Type Of Traveller Solo Leisure Seat Type Economy Class Route Ft Lauderdale to Sao Paulo ...
Textron is the latest US company with a large aerospace manufacturing operation to say the Trump administration’s new tariffs are unlikely to create significant financial trouble this year. News United places ‘conditional’ order for up to 200 of JetZero’s blended-wing airliners United Airlines ...
Bloomberg financial analysts say the Malaysian government might consider allowing the company to go into bankruptcy. {mosads}“People believe that this time around, there would not be a bailout like before,” Malayan Banking Bhd. analyst Mohshin Aziz said in the report. The Malaysian governmen...
“Wow had been in financial trouble, they had attempted to merge with Icelandair which failed,”says CNN’s Richard Quest.“The writing was on the wall but Wow just continued to let people book.” When the hoped-for merger with Icelandair fell apart at the last minute, it resulted in ...