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...
Air navigation services provider Airways New Zealand recorded an after tax profit of NZ$6.7 million ($3.8 million) for the first half of the fiscal year. The company said the result was NZ$500,000 ($2...
Malaysia's AirAsia X has set an internal target to achieve revenue between RM3.5bn ($784 million) and RM4bn ($869 million) in 2025, along with a projected increase of over 17% in the number of passeng...
On the back of its strong 2024 results, the British Airways’ owner has set a €1bn share buyback.The company generated a free cash flow of €3.6bn in the year, up from €1.3bn in 2023, which was driven b...
Rolls-Royce’s civil aerospace segment reported a gross profit of £2bn in 2024, up 44% on 2023, the company reported on February 27, 2025. Revenues were up 24% to £9bn.The civil aerospace segment impro...
Embraer expects to deliver up to 240 commercial and executive jets in 2025, up from 206 aircraft delivered during 2024, the company said on February 27, 2025.The Brazilian manufacturer's CEO Francisco...
FTAI Aviation has agreed to acquire a 50% stake in IAG Engine Centre Europe — a 200,000 square-foot CFM56 engine maintenance repair and overhaul (MRO) facility located at the Rome Fiumicino Airport, t...
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