Aeromexico Reports 3Q20 Results

Grupo Aeromexico's third quarter 2020 revenue reached $4.7 billion pesos, a 79.1% increase compared to the second quarter of 2020 and a 74.5% year-on-year decrease. During the quarter, revenue per ASK (RASK) in pesos increased by 6.9% compared to second quarter 2020 due to market demand improvements and decreased by 29.0% year-on-year.

Carnival Corporation & Plc Provides a Business Update – Oct. 8, 2020

The company expects future capacity to be moderated by the phased re-entry of its ships, the removal of capacity from its fleet and delays in new ship deliveries. Since the pause in guest operations, the company has accelerated the removal of ships in fiscal 2020 which were previously expected to be sold over the ensuing years. The company now expects to dispose of 18 ships, ten of which have already left the fleet.