Willis Lease reports record results
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...
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...
Japan Credit Rating Agency (JCR) has rated Total Engine Asset Management (TEAM) A+ on March 7, 2025. “This prestigious A+ rating is a testament to TEAM's robust financial health and commitment to tran...
Lufthansa Group’s core business Lufthansa Airlines reported “very disappointing results” with EBIT going from a positive €866 million to a negative €116 million in 2024. The airline’s revenues were up...
American Airlines value fell 30% in less than 30 days, though recovering some of its losses the same day on March 4, 2025. “This level of speed and severity has, in the past, overwhelmingly been foll...
Turkish Airlines reported a $2.4bn profit for 2024 from its main operations. The airline’s revenues were up 8.2% to $22.7bn, compared to 2023. The airline also detailed a cash dividend of $260 million...
Air Transport Services Group (ATSG) swung to a net profit of $14.7 million in the fourth quarter of 2024, compared to a net loss of $15 million a year prior. Free cash flow was $34.7 million for the q...
Spirit Airlines’ full year 2024 operating revenues were down 8.4% to $4.8bn. The company said in an SEC filing this was largely driven by a 5.1% decrease in average yield to 11.25 cents, as well as a ...
Spirit AeroSystems said it will need funding to continue operations after reporting a net loss of $577 million in the fourth quarter of 2024, down from its $75 million net profit in the fourth quarter...
T'way's largest shareholder YeaRimDang has agreed to sell its equity to the Korean airline's second largest shareholder, according to local media a person familiar with the matter.Daemyung Sono has ag...
Electric vertical takeoff and landing (eVTOL) developer Archer Aviation ended 2024 with a strong liquidity position of over $1bn, the company said in its fourth quarter and full year 2024 results. "Ou...
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