Bamboo Airways is planning to raise its charter capital to nearly 1.3 billion to restructure its debts and increase capital for its core and support business activities. In the shareholder’s meeting h...
Global Crossing Airlines (GlobalX) recorded first quarter (Q1 2023) revenue of $32.2 million, up $15.8 million on Q1 2022. But the company said it faced extra costs during the period, including "accel...
Air Arabia reported a strong first quarter 2023 financial and operational result as the airline continues to expand its network and strengthen its leadership position in the market. Air Arabia reporte...
Aersale reported quarterly revenue of $78.3 million, down on the $122.8 million in the first quarter of 2022. The company reported net income of $5,000 compared to the $17.2 million for the prior-year...
Ryanair has welcomed the May 10 ruling by the European Union General Court that the European Commission was wrong to approve the €6bn in German state aid given to Lufthansa during the Covid travel mel...
TUI Group's second-quarter (Q2 2023) revenue came to €3.2bn, €1.1bn more than during the period in 2022, with EBIT up €88 million to -242 million during the financial year Q2. The travel business's ma...
Mesa recorded $121.8 million in revenue during the second quarter of fiscal 2023, down 1.1% year-on-year, as it reported a loss of $35.1 million, or 88 cents per diluted share. The carrier reported c...
Chorus Aviation recorded net income of $32 million in the first quarter of 2023 (Q1 2023), up $9.1 million on the final quarter of 2022. Revenue was up 21% year-on-year to $415 million, the company re...
Kroll Bond Rating Agency (KBRA) has upgraded the rating of Falko’s Regional 2021-1 asset-backed securitisation (ABS) Series A loans from BBB+ to A-. In April 2021, Falko closed its inaugural aviation ...
SIA Engineering Group recorded a net profit of $66.4 million despite the reduction in wage support with a revenue of $796.0 million for the financial year ended 31 March 2023. The revenue reported an ...
Biman Bangladesh Airlines is set to order up to ten Airbus A350 aircraft. Prime Minister of Bangladesh, Salman Rahman signed an Aviation Trade and Investment Partnership with the UK Minister of Busine...
Turkish Airlines reported a $233 million net profit for Q1 2023, its most for a first quarter and its seventh quarterly profit in a row. The Middle Eastern airline's revenue hit $4.4bn, another Q1 rec...
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