Mesa Air reports net income of USD 3m in Q3 FY 2020
Mesa Air Group, Inc. (NASDAQ: MESA) has reported third quarter fiscal 2020 net income of USD 3.4 million, or USD 0.10 per diluted share, compared to net income of USD…
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Green Africa names new group CFO
Nigerian airline Green Africa has announced Kiran Koteshwar will join the firm as the new Group Chief Financial Officer effective in September 2020, the company said. Kiran Koteshwar has 22…
Airline caterer LSG Sky Chefs to make 450 New Zealand staff redundant
Stuff has reported LSG Sky Chef, an airline catering company, has announced it will cut 450 staff that are redundant across its New Zealand business due to the impact of…
Lufthansa reports 80% decrease in Q2 2020 revenue
Lufthansa Group has reported an 80% drop in revenue in the second quarter to EUR 1.9 billion, compared to EUR 9.6bn in the same quarter 2019, the company said.Most of…
Gogo reports USD 96m in Q2 2020 revenue
Gogo (NASDAQ: GOGO), a Chicago-based provider of broadband connectivity products and services for aviation has reported consolidated revenue of USD 96.6m, a 55% decline compared to the second quarter 2019,…
GA Telesis names GE veteran as president of engine strategy group
GA Telesis, LLC has announced that it has named Russell Shelton, former GE Managing Director of Services Sales, as President of its Engine Strategy Group, the company said. Russ will…
Asiana Airlines reports surplus in Q2 2020 operating profit
South Korea-based Asiana Airlines has reported an second quarter 2020 operating profit of over WON 100 billion, the company said.The nation´s flag carrier said its operating profit was tentatively estimated…
Copa Holdings reports USD net loss of USD (386)m in Q2 2020
Copa Holdings, S.A. (NYSE: CPA), has reported a (USD 386)m net loss or (USD 9.08) per share in the second quarter 2020, the company said. Excluding special items, the company…
Aircastle prices USD 650m aggregate principal amount of senior notes
Aircastle Limited has announced the pricing of its 5.250% senior notes due 2025 at an issue price of 99.057%, the company said. Aircastle plans to use the net proceeds of…
NXTCOMM names new chief commercial officer to lead sales/business development
NXT Communications Corporation (NXTCOMM) has announced Stephen Newell has joined the corporation as its Chief Commercial Officer, the company said. He leads NXTCOMM sales, business development and product marketing efforts…
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