Delta reports Q1 2020 loss of USD 607m in Q1 2020 due to COVID-19
Delta Airlines has reported a pre-tax loss of USD 607 million, or a loss of USD 0.84 per share, in the first quarter 2020, due to COVID-19, the company said.The…
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Expedia Group raises USD 3.2bn in new capital to strengthen liquidity position
Expedia Group, Inc. (NASDAQ: EXPE) has has announced that it is raising approximately USD 3.2 billion of new capital, as part of a comprehensive strategy to enhance Expedia Group´s financial…
ASUR shareholders approve resolutions at April 23 meeting
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR)(BMV: ASUR) (ASUR) has announced that shareholders approved the following resolutions and considered the following matters at the General Ordinary Shareholders´ Meeting…
Strategic Wireless Secures Credit Facility with Texas Capital Bank
Strategic Wireless Infrastructure Funds Management, LLC has announced it has secured a syndicated credit facility led by Texas Capital Bank for SWI Funds Property Holdings, LLC and other affiliated companies,…
Volaris reports 8.8% increase in Q1 2020 operating revenue
Mexico-based ultra low-cost airline Volaris (NYSE: VLRS) (BMV: VOLAR) has reported total operating revenues were Ps.7,824 million for the first quarter, an increase of 8.8% year over year, the company…
Federated Wireless Gets USD 13.7M to Accelerate Deployment of Private Wireless Networks
Private network pioneer Federated Wireless has announced that it has secured USD 13.7 million in additional Series C funding from existing investors Allied Minds (LSE: ALM) and Pennant Investors, the…
SmartBear Names New Chief Revenue Officer
SmartBear, a provider of software development and quality tools, has promoted Lou DiFruscio to Chief Revenue Officer, overseeing the company´s global sales organization. He joined SmartBear in 2014, and most…
Cathay Pacific to lay off 300 cabin crew in US
Cathy Pacific has announced it plans to lay off approximately 300 cabin crew members, mostly in the United States, the company said.Cathay will also furlough 129 pilots in Australia and…
OneSky Systems secures investment in Series A funding round to support software development
OneSky Systems has announced it has received an investment in a Series A funding round led by Sumitomo Corporation, through Sumitomo Corporation of Americas to establish new transport services and…
Cisco CTO/Chief ArchitectJoins PacketFabric as CEO
PacketFabric, an innovator in fast, adjustable-on-demand connectivity for enterprise customers and a portfolio company of Digital Alpha Advisors, has announced Dave Ward will be joining as Chief Executive Officer, the…
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