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JAL Group Announces FY2020 Consolidated Financial Results


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JAL Group Announces FY2020 Consolidated Financial Results
The JAL Group today announced the consolidated financial results for the period April 1, 2020 to March 31, 2021. Beginning this fiscal year, the Company applied IFRS (International Financial Reporting Standards) to the consolidated financial results. In line with this change, the performance management indicator has been changed from operating income to EBIT, which includes both business and investment results.
This fiscal year (April 1, 2020 to March 31, 2021) was extremely tough for the airline industry, including the JAL Group, due to the impact of the COVID-19 pandemic. As the pandemic spread across the globe, the JAL Group strived to maintain its domestic and international route network, while strengthening hygiene and contactless measures to ensure a safe and secure travel experience. Faced with a rapid and significant decrease in revenue, the carrier implemented fundamental cost reducti ....

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SeaWorld Entertainment, Inc. Reports First Quarter 2021 Results


Press release content from PR Newswire. The AP news staff was not involved in its creation.
SeaWorld Entertainment, Inc. Reports First Quarter 2021 Results
May 6, 2021 GMT
SEAS (PRNewsFoto/SeaWorld Entertainment, Inc.)
ORLANDO, Fla., May 6, 2021 /PRNewswire/ SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2021.[1]
First Quarter 2021 Highlights
Attendance was 2.2 million guests, a decline of 0.1 million guests, or 4.5%, from the first quarter of 2020. Compared to the first quarter of 2019, attendance declined by 1.1 million guests or 33.7%.
Total revenue was $171.9 million, an increase of $18.4 million, or 12.0% from the first quarter of 2020. Compared to the first quarter of 2019, total revenue declined by $48.7 million or 22.1%. ....

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GOL announces Investor Update


GOL announces Investor Update
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SÃO PAULO, April 29, 2021 /PRNewswire/  
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company ), Brazil s largest domestic airline, provides an
Investor Update. All information is presented in Brazilian Reais (R$). The information below is
preliminary and
unaudited.
Historically, the 2nd quarter of the year is a transition period to low season demand and due to the worsening of the pandemic and the increase in restrictions of circulation imposed by states, GOL s current capacity planning scenario assumes a 40% reduction in 2Q21 compared to 1Q21. To adapt operating costs to current levels of sales and demand, GOL will operate 63 aircraft in its network, which will represent 70% of the average fleet operated at the end of 4Q20 and 377% or 3.8x higher compared to the same quarter of 2020. Revenue for the quarter ended June 2021 is expected to decrease approximately 35% com ....

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GOL Announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity


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SÃO PAULO, April 13, 2021 /PRNewswire/
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company ), Brazil s largest airline, today provides its
Investor Update for March/21. All information is presented in Brazilian Reais (R$). The information below is
preliminary and
unaudited.
In this period, GOL adjusted its capacity to an average of 245 flights per day, a 31% decrease from an average of 355 flights in February/21. The Company operated approximately 381 daily flights on peak days. GOL s consolidated gross revenues for the month were R$300 million and the average load factor was 71.8%, highlighting Management s on-going focus on maintaining sustainable operations through the continuous matching of seat supply to the level of traveler demand. ....

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