profit and loss

Amerijet feels financial pinch as cargo business deteriorates

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Amerijet, racing to reverse the cargo airline’s negative cash flow after the recent firing of CEO...

https://www.freightwaves.com/news/amerijet-feels-financial-pinch-as-cargo-business-deteriorates

Alaska Air warns of increased cash burn in January

A white Alaska Airlines jet banks to the left during its climb into a blue sky, view from behind.

The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. On Thursday, Alaska Airlines said passenger volume and revenue since October has retreated again and Delta Air Lines (NYSE: DAL) sounded less optimistic about the next few months.

Ahead of a Jan. 26 earnings release, Alaska Air Group (NYSE: ALK) indicated that it will drain its pool of cash at a faster rate in the...

https://www.freightwaves.com/news/alaska-air-warns-of-increased-cash-burn-during-january

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