Category : Search result: airline earnings forecast


Air Transat Q4 loss amid shareholder board shakeup calls

Air Transat reports a $12.5 million net loss for Q4, a 130% year-over-year decline, as major shareholder Pierre Karl Péladeau pushes for a board restructuring. Key financial details and the upcoming shareholder meeting.

Air Transat reports $12.5M net loss in fourth quarter

Air Transat announced a net loss of $12.5 million for its fourth quarter, despite generating $771.6 million in revenue. The Montreal-based airline continues to navigate post-pandemic recovery challenges.

Transat reports $12.5M Q4 loss after year-ago profit

Air Transat parent company Transat A.T. reported a $12.5 million loss in its fourth quarter, a sharp reversal from a $41.2 million profit a year earlier. The results highlight ongoing challenges in the aviation sector.

Rat on Plane Halts Caribbean Flight, Strands Passengers

A KLM flight from Aruba to Amsterdam was cancelled after a large rat was seen scurrying through the cabin. Over 250 passengers were stranded, given hotel accommodations while the airline found alternate plans.

Rare S&P 500 Earnings Streak Supports Bull Case

Wall Street analysts forecast a rare three-year streak of double-digit earnings growth for the S&P 500, a historical indicator of strong market returns. Discover the sectors leading the charge.

Heavy snow, deep freeze forecast for Edmonton

A significant winter storm is set to hit Edmonton with heavy snow on Wednesday, followed by dangerously cold temperatures. Get the latest forecast details and prepare for the Arctic blast.

U.S. Waives $33M of Southwest Airlines Fine

The U.S. Department of Transportation has waived a significant portion of a Biden-era penalty against Southwest Airlines for 2022 holiday meltdown. Discover the details and implications.

CIBC Hikes Dividend After Q4 Earnings Beat

CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Pilots Hide Mental Health Struggles to Keep Flying

A concerning report reveals airline pilots in Canada and globally are hiding mental health conditions due to fear of losing their medical clearance and careers. Learn about the systemic risks and calls for reform.

Air Transat Pilots Vote 99% to Strike

Air Transat pilots have overwhelmingly authorized a strike, with 99% voting in favour. The union warns of a walkout if management fails to deliver a modern contract. Read the latest.

Macy's lifts annual targets as turnaround gains traction

Macy's has increased its full-year profit and sales outlook for the second time, signaling a resurgence in consumer demand driven by strategic revitalization efforts. Discover the key figures behind the retailer's recovery.

London's Cold Snap to Break, Sunshine Peaks Ahead

London, Ontario, sees lingering cold temperatures with sunshine on the horizon. The Ontario auditor general's annual report, focusing on health care, is set for release. Get the latest forecast and provincial updates.

Global Uranium Expands Wyoming Uranium Claims

Global Uranium Corp announces strategic expansion of Airline Project claims in Wyoming's Copper Mountain district, increasing land position to 664 hectares for uranium exploration.

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