Japan Airlines forecasts over $2.3 bn annual net loss
Japan Airlines said Friday it had forecast an annual net loss of more than $2.3 billion after the coronavirus pandemic grounded air travel around the world.
Oct 30, 2020
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Page 15 - News tagged with losses
Business
British Airways parent IAG logs vast loss on virus
IAG, the owner of British Airways and Spanish carrier Iberia, dived into a net loss of 1.76 billion euros ($2.1 billion) in the third quarter on coronavirus fallout, it said Friday.
Oct 30, 2020
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Business
Battered by pandemic, Boeing cutting 30,000 jobs in two years
Pressured by a prolonged commercial travel downturn and the hit from the 737 MAX crisis, Boeing on Wednesday announced an additional 7,000 job cuts that will lower headcount by 30,000 positions over two years.
Oct 28, 2020
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Business
Palantir to begin New York trading on September 30
Data analysis specialist Palantir announced on Tuesday it would begin trading on the New York Stock Exchange on September 30 in what could be one of the biggest market debuts since Uber.
Sep 23, 2020
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Palantir announces plans for direct listing on NYSE
Data analysis specialist Palantir on Tuesday laid out plans to directly list shares on the New York Stock Exchange, shunning the typical tactic of going public by issuing new stock.
Aug 26, 2020
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BMW swings to first loss in a decade as virus hits sales
German luxury carmaker BMW said Wednesday that it swung into its first loss since 2009 as the coronavirus pandemic ravaged car sales but said it still hopes turn an operating profit for the year.
Aug 5, 2020
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Business
Fiat Chrysler muscles through, green shoots in North America
Fiat Chrysler overcame coronavirus-related factory shutdowns to post losses that were not as bad as feared, and the company predicted improving conditions for the remainder of 2020.
Jul 31, 2020
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Energy & Green Tech
Thermal storage units that repair themselves
In the future, paraffin wax could help to make underground thermal storage units more durable. Such systems are used, for example, to store solar energy over a longer period of time. In a new study, geologists from Martin ...
Jul 29, 2020
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Business
Nissan forecasts $6.4 bn annual net loss as virus bites
Crisis-hit Japanese automaker Nissan warned on Tuesday of a massive $6.4 billion net loss for the current fiscal year as it reels from the impact of the coronavirus pandemic.
Jul 28, 2020
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Business
Paris air traffic recovery could take 7 years: airport chief
Air traffic volume to and from Paris could take up to seven years to recover from the coronavirus impact, the CEO of the French capital's airports said Monday.
Jul 27, 2020
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