Nepal Airlines has sent a letter to two of the state-owned provident funds, the EPF and the Citizen Investment Trust (CIT) requesting them to waive off the interest and penalties on their outstanding ...
Aircastle reported fourth quarter 2022-2023 net income of $14 million compared to a $216 million net loss in fourth quarter 2021 Revenue came to $189 million and adjusted earnings (EBITDA) $180 millio...
Hawaiian Airlines lost $98.3 million, or $1.192 per share in Q1 2023, while operating revenue climbed by 28.4% year-on-year to $612 million. Fuel costs were up over 35% and the outlay on salaries went...
Air Lease Corporation (ALC) said it has amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent. The company said it has extended the final...
Safran's Q1 2023 revenue increased by 29.4% to €5.2bn compared to Q1 2022, with growth mainly fuelled by propulsion and aircraft interiors activities, the manufacturer said, Propulsion increased by 34...
MTU Aero Engines’ revenue increased by 31% year-on-year to €1.54bn in the first quarter of 2023, while operating profit increased by 62% from €131 million to €212 million. The adjusted EBIT margin ros...
ABL Aviation has delivered one new Airbus A321neo aircraft on long-term lease to Wizz Air, which was financed using a Japanese operating lease with call option (JOLCO) structure. This aircraft deliver...
Tigerair Taiwan is planning to list its shares on the Taiwan Stock Exchange Innovation Board in Q3 of 2023, as per the statement released by the exchange. Tigerair passed a resolution in December 2022...
JetBlue reported a net loss for the first quarter of 2023 (Q1 2023) of $192 million or 58 cents per share, with the adjusted loss coming to $111 million for 34 cents a share The loss came despite the ...
Swiss cargo business Kuehne+Nagel reported a better-than-expected profit in the first quarter of the year (Q1 2023) but saw its air freight business' revenue fall 41% year-on-year. "Net turnover of th...
Volaris' revenues for the first quarter of 2023 hit $731 million, a 29% increase on the 2022 period, with revenue per available seat mile (TRASM) up 9.5% to $7.71 cents and available seat miles (ASM) ...
Grupo Aeroportuario del Sureste (ASUR) revenue increased by 18.9% year-on-year to Ps (Peseta) 6.4bn (US$ 360 million) in the first quarter of 2023 (Q1 2023) Earnings (EBIDTA) were up 23.2% over the pe...
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