Wednesday, May 20, 2026
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Tag: annual loss

Emirates air carrier books loss of $5.5b

DUBAI, United Arab Emirates—Dubai-based Emirates airline on Tuesday posted a $5.5-billion annual loss, its first in more than three decades, after the coronavirus pandemic...

Qantas bares plan to ax almost 2,500 more jobs

Sydney, Australia—Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it...

Cathay suffers 1st loss in 8 years

HONG KONG"•Hong Kong’s troubled flagship airline Cathay Pacific on Wednesday posted its first annual loss since the height of the financial crisis as it...
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