Canadian carrier Air Transat's shares tumbled on Thursday March 13 after it reported disappointing results. The airline's net losses doubled in its first quarter 2025 — ending January 31, 2025 — to C$...
Spirit Airlines has emerged from its financial restructuring on March 12, 2025, reducing its debt by around $795 million. Spirit confirmed it will be moving ahead with its premium offerings, supported...
BOC Aviation's profit for 2024 totalled a record $924 million, up 20.9% compared to 2023. “Growth in core earnings was a large contributor to that improvement, as were ongoing recoveries related to ai...
KGAL and its subsidiary GOAL Aircraft Leasing have benefited from a “rising demand for air travel”, stating this has driven growth within its aviation portfolio.During 2024, the firm secured five new ...
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
Vietjet has signed a $300 million aircraft financing agreement with Carlyle Aviation Partners, with the agreement aiming to support the delivery of new aircraft through to 2026. The Vietnamese carrier...
American Airlines CEO Robert Isom said Flight 5342 had a “real impact” on its first quarter performance. The incident involved a CRJ700 operated by PSA Airlines as American Eagle colliding with a Blac...
US private aviation provider Wheels Up net losses widened during the fourth quarter of 2024 to $87.5 million, up from $81.5 million during the same period of the year prior.Revenue during the fourth q...
The International Airlines Group (IAG) will invest up to €200 million ($217.9 million) over a five-year period in “high-potential companies” through IAGi Ventures, a new corporate venturing arm of the...
Willis Lease Finance Corporation (WLFC) reported record annual results for 2024 on March 10, 2025. The company’s net income totalled $108.6 million, more than doubling from 2023’s $40.4 million in 202...
Norse Atlantic Airways expects a significant accounting gain from the redelivery of three 787-8 aircraft, that the airline said will be recognised in results for the first quarter of year.The aircraft...
AerSale closed 2024 swinging to a net profit of $2.7 million in the fourth quarter, compared to a net loss of $2.7 million a year prior. For the full year, net profit totalled $5.9 million, swinging f...
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