Air Canada adjusts earnings guidance upwards
Air Canada has revised its earnings guidance due to what it said has been "an improvement in traffic and yield from a stronger-than-anticipated demand environment and lower-than expected fuel price"....
Air Canada has revised its earnings guidance due to what it said has been "an improvement in traffic and yield from a stronger-than-anticipated demand environment and lower-than expected fuel price"....
International Airlines Group (IAG) reported a first first-quarter operating profit since 2019 with €9 million recorded in Q1 2023. The outcome, which was up €750 million year-on-year, was better than ...
The merger between Abu Dhabi Aviation and ADQ Aviation is on the last leg with ADQ Aviation transferring 100% of the issued share capital of Advanced Military Maintenance Repair and Overhaul Centre LL...
The Saudi Arabia Public Investment Fund (PIF) is planning to invest in flynas with Goldman Sachs advising flynas shareholders on the potential stake sale to the Saudi sovereign wealth fund, reports Bl...
LATAM reported a first quarter 2022 annual revenue increase of 43.2%, to US$ 2.8bn, and a return to profit, which came to over $121 million, a swing to the black compared to Q1 2022 loss of around $38...
Howmet Aerospace recorded first quarter 2023 (Q1 2023) revenue of $1.6bn, up 21% on Q1 2022. The increase was driven by commercial aerospace, revenue for which climbed 29%, helping the company to a ne...
Willis Lease Finance Corporation on May 4 reported first quarter 2023 revenues of $89.5 million and pre-tax earnings of $6.8 million. Aggregate lease rent and maintenance reserve revenues were $76.7 m...
Allegiant reported first quarter 2022 income before tax of $74.4 million, meaning a pre-tax margin of 11.5%, with airline-only income before income tax coming to 78.9 million, a pre-tax margin of 12.1...
US airlines’ March 2023 fuel costs down were 9.6% month-on-month, according to the government's Bureau of Transportation Statistics (BTS). The drop came as aviation fuel consumption exceeded that of M...
Brazilian aircraft maker Embraer reported $717 million revenues in the first quarter of 2023, 19% up on 2022 and "in line" with what it had forecast. The company reported "cash consumption" of $399 mi...
US carrier Frontier Airlines reported record first quarter 2023 revenue of $848 million but a loss for the period of $13 million. Revenue was up 40% year-on-year and resulted in a 19% increase in reve...
Vistra Ireland has announced the appointment of Brid Gurnett and Stephen McCormack, additions it said would position its capital markets aviation and securitisation businesses "for accelerated growth"...
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