Global Eagle have incurred losses in each year of operation since 2015, although they have stemmed some of the losses in recent years. In 2019, the company's losses amounted to 153.43 million U.S. dollars. According to Global Eagle, the losses are primarly a result of cash interest payments arising from the Company's substantial debt balance.
Global Eagle net losses 2015 to 2019
(in million U.S. dollars)
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Global Eagle. (May 15, 2020). Global Eagle net losses 2015 to 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1175481/global-eagle-losses/
Global Eagle. "Global Eagle net losses 2015 to 2019 (in million U.S. dollars)." Chart. May 15, 2020. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1175481/global-eagle-losses/
Global Eagle. (2020). Global Eagle net losses 2015 to 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1175481/global-eagle-losses/
Global Eagle. "Global Eagle Net Losses 2015 to 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 15 May 2020, https://www.statista.com/statistics/1175481/global-eagle-losses/
Global Eagle, Global Eagle net losses 2015 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1175481/global-eagle-losses/ (last visited November 12, 2024)
Global Eagle net losses 2015 to 2019 (in million U.S. dollars) [Graph], Global Eagle, May 15, 2020. [Online]. Available: https://www.statista.com/statistics/1175481/global-eagle-losses/
