Transat - operating as carrier Air Transat - has reported on December 12, 2024, a surge in profits in the fiscal fourth quarter of the year, ending October 31, 2024. Profits totalled C$41.2 million ($...
TUI has reported robust results for the 2024 financial year, ending on September 30, 2024.The travel company reported growth within its consolidated group results, with revenue totalling €23.2bn ($24....
Alaska Airlines has raised its fourth quarter guidance due to stronger revenue performance and lower non-operating expense. The Seattle based carrier expects its profit per share to be between $0.40 a...
Phoenix Aviation Capital and AIP Capital have closed a $240 million term loan facility.The facility is intended to be used to finance the acquisition of six next-generation aircraft assets on long-ter...
GE Aerospace has projected continued financial growth during 2025, the company said in an investor update on December 9, 2024.The American engine provider stated that its commercial engines services (...
Private investment firm Corrum Capital Management completed a single-asset continuation fund completed a single-asset continuation fund allowing it to continue its partnership with AvAir on December 4...
Southwest Airlines raised its fourth quarter guidance on December 5, 2024, driven by stronger than expected travel demand.Revenue per available seat mile (RASM) for the fourth quarter is now expected ...
LATAM Airlines Group has signed its first sustainability-linked loan, totalling $300 million, making it the first airline in South America to carry out a transaction of this this nature. The agreement...
Safran expects revenue growth of around 10% in 2025, it said at its capital markets day on December 5, 2024. In addition, the company's preliminary outlook for next year detailed a recurring operating...
Korean won to the US dollar dropped sharply on December 3, 2024. It came as Korean President Yoon Suk Yeol in an unprecedented move declared an emergency martial law, citing threats from anti-state fo...
Avolon has priced a private offering by its wholly owned subsidiary, Avolon Holdings Funding, of $1.5bn senior unsecured notes. The offering comprises $850 million of 4.950% senior unsecured notes ...
El Al Israel Airlines has secured a $120 million loan to finance one 787-9 aircraft.The aircraft financing has been granted for a period of 12 years, using a structure that allows the amount of the lo...
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