Willie Walsh’s last IAG results
Willie Walsh presented his last set of IAG results before he heads off into retirement at the start of September. How well did the team at IAG do in bringing down costs and managing cash in the face of the worst airline downturn in the history of the industry?
Bleeding out
There was much red ink on display in the big three US network carriers Q2 results. Who did the best job maximising revenue, minimising costs and stemming the cash burn?
Delta records $7 billion pre tax loss for June quarter
Yesterday, Delta became the first of the big airlines to reveal the scale of the financial impact of the COVID-19 crisis when it reported its results for the quarter ending June 2020.