Safran revenue up nearly 30%
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...
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...
Tigerair Taiwan is planning to list its shares on the Taiwan Stock Exchange Innovation Board in Q3 of 2023, as per the statement released by the exchange. Tigerair passed a resolution in December 2022...
JetBlue reported a net loss for the first quarter of 2023 (Q1 2023) of $192 million or 58 cents per share, with the adjusted loss coming to $111 million for 34 cents a share The loss came despite the ...
Swiss cargo business Kuehne+Nagel reported a better-than-expected profit in the first quarter of the year (Q1 2023) but saw its air freight business' revenue fall 41% year-on-year. "Net turnover of th...
Volaris' revenues for the first quarter of 2023 hit $731 million, a 29% increase on the 2022 period, with revenue per available seat mile (TRASM) up 9.5% to $7.71 cents and available seat miles (ASM) ...
Grupo Aeroportuario del Sureste (ASUR) revenue increased by 18.9% year-on-year to Ps (Peseta) 6.4bn (US$ 360 million) in the first quarter of 2023 (Q1 2023) Earnings (EBIDTA) were up 23.2% over the pe...
Falko Regional Aircraft has closed a $388.2 million term loan financing. Falko, a regional aircraft leasing and asset management company, announced on April 25 that it closed the financing in February...
All Nippon Airways raised its profit forecast for FY2022, expecting to deliver an operating profit of $897 million for the year-ending March 31, 2023. This is up from the February 2022 guidance of $71...
Nok Air may not be able to complete its business rehabilitation in the court stipulated five-year period due to fuel costs, forex rates and aircraft availability said the airline CEO, Wutthiphum Juran...
The acquisition of India’s Air Works MRO by Adani Group has been delayed due to the liquidation of a major shareholder in the target company. An MoU was signed between the Adani Group and Air Works to...
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