AAR provides Q3 FY2023 update
Illinois-based aviation services company AAR recorded third quarter fiscal year 2023 (Q3 FY 2023) sales of $521 million, up 15% year-on-year. The sales contributed to GAAP diluted earnings per share f...
Illinois-based aviation services company AAR recorded third quarter fiscal year 2023 (Q3 FY 2023) sales of $521 million, up 15% year-on-year. The sales contributed to GAAP diluted earnings per share f...
State-run carrier TAP Air Portugal made a €65.6 million profit in 2022 after taking in revenue of €3.5bn and carrying almost 14 million passengers. The return to profit came after a loss of almost €1....
Aéroports de Paris (ADP) and GMR Airports Infrastructure Ltd. agreed to fold their joint-venture company into GMR, giving ADP a liquid stake in a business that owns airfields in India. ADP owns 49% an...
Virgin Australia is planning to delay its initial public offering (IPO) and relisting on the Australian share market by about six months. Anton Tagliaferro, manager, Mutual Funds, said: “Global bankin...
Airbus has reported transactions covering 321,086 shares between March 13 and 17 as part of its share buyback programme running for a month to March 27. The shares were sold at a daily average weighte...
The Russian Government has set aside about $3.918 bn for purchasing foreign aircraft leased by Russian airlines, reports TASS. In a meeting of the Committee on Transport and the Development of Transpo...
Air Lease Corporation (ALC) has successfully closed its inaugural sukuk issuance. The transaction, settled on March 15, 2023, represented the first ever offering of its kind into the Middle East marke...
The International Air Transport Association (IATA) has issued a warning about financial crisis in Pakistan as the international airlines are finding it difficult to repatriate their dues, paid in doll...
Eve Holdings/Eve Air Mobility on March 17 reported a net loss of $20.1 million for the fourth quarter of 2022 and full-year loss of $174 million. A loss of less than $20 million was recorded by the el...
JetBlue said March 27 remains as "the record date for the March 2023 prepayment to Spirit stockholders of $0.10 per Spirit share, with payment of the March 2023 additional pre-payment to follow four ...
Gatwick Airport made £195.2 million profit in 2022 as passenger numbers topped 32 million. The return to profit came after heavy losses of over £800 million over 2020 and 2021 but chief executive Stua...
Aegean Group reported a return to profit in 2022 after a 98% revenue increase to €1.34bn compared with the year before. The surge meant the company exceeded its pre-Covid 2019 revenue by 2%, leaving i...
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