Spirit Airlines recorded a $103.9 million or 95 cents a share loss in the first quarter of 2023 (Q1 2023). "Excluding special items, adjusted net loss for the first quarter 2023 was $89.4 million, or ...
Finnair recorded a 73.8% year-on-year revenue increase to €694.7 million in the first quarter of 2023, despite the "adverse cost impact" of high fuel prices. The revenue increase was around the same i...
London Heathrow Airport claimed a strong start to 2023 as its 16.9 million passengers left it as Europe’s busiest airport and second in the world for international travel. The airport said it "remain...
Asia Digital Engineering (ADE), the engineering and maintenance subsidiary of Capital A, secured a $100 million investment from OCP Asia Ltd. The funds will be used for the construction and operationa...
Boeing reported a first-quarter 2023 loss of $425 million, despite a 28% year-on-year Q1 2023 revenue increase to $17,9bn. The loss was an improvement on the $1.2bn recorded in Q1 2022. In Q1 2023, th...
Nepal Airlines has sent a letter to two of the state-owned provident funds, the EPF and the Citizen Investment Trust (CIT) requesting them to waive off the interest and penalties on their outstanding ...
Aircastle reported fourth quarter 2022-2023 net income of $14 million compared to a $216 million net loss in fourth quarter 2021 Revenue came to $189 million and adjusted earnings (EBITDA) $180 millio...
Hawaiian Airlines lost $98.3 million, or $1.192 per share in Q1 2023, while operating revenue climbed by 28.4% year-on-year to $612 million. Fuel costs were up over 35% and the outlay on salaries went...
Air Lease Corporation (ALC) said it has amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent. The company said it has extended the final...
Safran's Q1 2023 revenue increased by 29.4% to €5.2bn compared to Q1 2022, with growth mainly fuelled by propulsion and aircraft interiors activities, the manufacturer said, Propulsion increased by 34...
MTU Aero Engines’ revenue increased by 31% year-on-year to €1.54bn in the first quarter of 2023, while operating profit increased by 62% from €131 million to €212 million. The adjusted EBIT margin ros...
ABL Aviation has delivered one new Airbus A321neo aircraft on long-term lease to Wizz Air, which was financed using a Japanese operating lease with call option (JOLCO) structure. This aircraft deliver...
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