SIA posts record full year profits
Singapore Airlines (SIA) has posted a record net profit of $2.7bn for the full financial year, up 24% year-on-year (YoY) from $2.2bn in the previous financial year. Its operating profit was up 1.3% Yo...
Singapore Airlines (SIA) has posted a record net profit of $2.7bn for the full financial year, up 24% year-on-year (YoY) from $2.2bn in the previous financial year. Its operating profit was up 1.3% Yo...
Southwest Airlines has declared a quarterly cash dividend of $0.18 per share to shareholders of record at the close of business on June 19, 2024, on all shares then issued and outstanding. The quar...
Brazilian airline GOL reported a recurring net loss of 130.2 million reais ($25.3 million), swinging to a loss after its net profit of 136.4 million reais ($26.6 million) in the first quarter last yea...
S&P Global has upgraded Turkish Airlines' credit rating to B+, up from B, and assigned a positive outlook on May 14, 2024. The rating reflects the credit rating agency raising its unsolicited long-ter...
Aviation Capital Group's (ACG) net income for the first quarter 2024 shot up to $43.1 million, up from $14 million in the first quarter of last year. Its revenues climbed 20% to $309 million, compared...
IAG have announced that non-executive proprietary director Giles Agutter will ""not stand for re-election at the Shareholders' Meeting to be held on 26 June 2024"". In a statement, IAG said; ""(Agu...
The Federal Government of Germany and the Free State of Bavaria have requested the state development bank KfW in Frankfurt to begin due diligence on Lilium as part of the customary state support proce...
Aviation Administration (FAA) to conduct UAS surveillance of critical infrastructure in the San Joaquin Valley on behalf of a multinational oil and gas company. Enabled by Iridium’s global L-Band s...
dnata has signed significant deals with manufacturers at the Dubai Airport Show, locking in five-year global framework contracts for new Ground Support Equipment (GSE). These contracts boast an est...
Mitsubishi HC Capital's aviation businesses saw a gross profit of 49.1bn yen ($317.1 million) in its full financial year results, up 15.5% from 33.6bn yen ($216.98 million) in the previous financial y...
The Latvian national airline airBaltic starts the summer season strongly, carrying 365 200 passengers in April, 2024 – an 11% increase compared to the same period last year. These are the second-hi...
The US Department of Justice (DOJ) said Boeing has breached its 2021 $2.5bn settlement agreement that allowed the airframe manufacturer to avoid criminal prosecution following fatal crashes on a Lion ...
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