Bank of Baroda has set aside INR 5 billion against an advance to GO First, apart from the collateral for part of the loan. Sanjiv Chadha, Managing Director and Chief Executive Officer (MD and CEO), Ba...
ADS Group has published estimates suggesting the aerospace, defence, security and space sectors added £37bn to the British economy in 2022. The businesses across the sectors recorded £82 billion in ...
Icelandic airport operator Isavia and Nordic Investment Bank (NIB) on May 16 signed an agreement for a ten-year loan of €50 million to pay for construction work at Keflavík Airport. Expansion of the e...
Aviation Capital Group recorded first quarter (Q1 2023) revenue of $258 million and pre-tax net income of $14 million. The company said its cash flow from operations was $150 million, an increase of 4...
Greek carrier Aegean reported a 90% increase in consolidated revenue and first-ever first quarter positive EBITDA. The €229,1 million in consolidated revenue was 33% higher than Q1 2019 and was based...
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...
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