Nearly 17 Billion in Loss for Norwegian

Norwegian lost NOK 16.6 billion in 2020, according to the airline‘s financial statements. Half of this, however, is write-downs regarding the aircraft fleet. The company also states in the report…

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United Airlines Posts $ 1.9 Billion Loss in Q4 2020

According to the area, in the accumulated result of last year, the losses reached US $ 7.1 billion. United Airlines reported a net loss of $ 1.9 billion in the…

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IAG Announced Thursday A Loss of 1.3 Billion Euros

IAG, the parent company of the airline British Airways, announced Thursday a loss of 1.3 billion euros in the third quarter and further reduced its flight schedule for the end…

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Commerzbank Expects Loss in 2020

Commerzbank is now expecting a loss due to the corona pandemic and the costs of the corporate restructuring. Commerzbank said on Wednesday that it expects to record a loss this…

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Twitter Stock Drops Over 20% Massive Chaos!

One day after the biggest daily fall of its biggest rival, Facebook, Twitter disappointed investors by unveiling its second-quarter balance sheet. On Friday (27), Twitter’s shares fell 20.5% on the…

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