airBaltic swings to loss in 2024
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
The Aviation Working Group (AWG) has released the First Edition of the Manual on Best Practice under and Interpretation of the EU Taxonomy for Sustain...
With its new fleet of A220s, Animawings is poised for growth. CFO Alin Ratoi discusses the airline’s growth strategy with Jonathan Kenwright.It is an ...
Setting the stage for its initial public offering (IPO), Latvian flag carrier airBaltic is gaining momentum, having secured pre-IPO investment to stre...
Airline Economics Growth Frontiers Dublin 2025 once again kicked off the start of another new year, setting the tone for what lies ahead for the aviat...
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & Whitney engines, which amount to €73 million, the e...
Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF) engine issues.The airline's CEO Thanos Pascalis ...
Cathay Pacific reported slight profit growth during 2024, recording an annual profit of HK$9.9bn ($1.58bn), up by 1% on year prior. The Hong Kong-based airline citied this growth to a strong financial result during the second half of the year, which ...
EL AL Israel Airlines' revenues soared 37% in 2024 reaching $3.4bn, supported by “unprecedented demand” as conflict continued throughout the year and airlines stripped back capacity in the country. “Despite the difficulties, we maintained Israel's ai...
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