Maintenance business Triumph has reported net sales of $393.3 million for the fourth fiscal quarter of 2023 (Q4 2023) but a net loss of $17.5 million, or 27 cents a share. The company's operating inco...
Canadian operator Cargojet has declared a cash dividend of $0.2860 per common voting share and variable voting share for the period from April 1 2023 to June 30. "The record date for determining share...
Scandinavian Airlines (SAS) has announced that the SI Bankruptcy Court for the Southern District of New York has approved its equity solicitation procedures. "Through these procedures, SAS will run a ...
Brazilian airline Azul expects its restructuring will reduce its leasing costs by "approximately R$5.4bn" (US$1.1bn) to 2027 "and beyond". The savings, the company believes, should see its leverage ra...
Singapore Technologies Engineering (ST Engineering) on Monday reported revenue of $2.3 billion for the first quarter, up 13% from $2 billion in Q1 of 2022 as the revenue in most business segments book...
Azul's first-quarter operating revenue hit a record RS$ 4.5bn (US$ 920 million) after a year-on-year increase of over 40%. The revenue surge could not prevent an adjusted net loss of over RS$ 727 mill...
SriLankan Airlines reported a loss of $525 million in the year to March 2023, almost triple the loss reported in the previous financial year when demand for air travel plunged following the pandemic-r...
SpiceXpress, subsidiary of SpiceJet will receive an investment of $100 million from UK-based SRAM and MRAM Group. Both sides have signed a Memorandum of Understanding (MoU) as part of the investment d...
Leila Lands, a Mauritius-based Wadia Group company took loans worth $300 million from Deutsche Bank in FY 2021-22, the same period the company created fixed deposits worth 190 million which were used ...
The Indian Government is planning to inject $36.5 million into Alliance Air as the airline continues to face financial crunch and pilot strikes. The airline stands to benefit greatly from the timely e...
The planned IPO of Virgin Australia is on track with Bain Capital set to give shareholders a capital return of $730 million and provide a one-off bonus to all employees in June. The announcement was m...
Thai Airways has returned to profit in Q1 of 2022 with a net income of 12.51 billion baht in the Q1 of 2023, a significant rise over net loss of 3.25 bn baht incurred during the same time last year. ...
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