On the back of its strong 2024 results, the British Airways’ owner has set a €1bn share buyback.The company generated a free cash flow of €3.6bn in the year, up from €1.3bn in 2023, which was driven b...
Rolls-Royce’s civil aerospace segment reported a gross profit of £2bn in 2024, up 44% on 2023, the company reported on February 27, 2025. Revenues were up 24% to £9bn.The civil aerospace segment impro...
Embraer expects to deliver up to 240 commercial and executive jets in 2025, up from 206 aircraft delivered during 2024, the company said on February 27, 2025.The Brazilian manufacturer's CEO Francisco...
FTAI Aviation has agreed to acquire a 50% stake in IAG Engine Centre Europe — a 200,000 square-foot CFM56 engine maintenance repair and overhaul (MRO) facility located at the Rome Fiumicino Airport, t...
Qantas reported a profit of A$923 million ($579 million) in the first half of the fiscal year, up 6.2% compared to a year prior. In addition, the company reported an underlying profit before tax of A$...
Norse Atlantic Airways’ net losses totalled $35 million in the fourth quarter of 2024, improving $30 million compared to the same period a year prior. The company said it also turned out a profit in D...
SpiceJet has reported a profit of US$3.06 million in the third quarter of fiscal year 2025, compared to a loss of $35.294 million in the year-ago quarter. The airline’s total revenue grew by 35% to $1...
AerCap, the world’s largest aircraft lessor, has continued to make strong gains on asset sales throughout 2024 as the supply of new aircraft remains constrained. Chief executive of AerCap, Aengus Kell...
Portuguese charter and wet-lease carrier euroAtlantic Airways has terminated its contract with Mozambique's flag-carrier, Linhas Aéreas de Moçambique (LAM) on February 27, 2025, citing the airlines fa...
Poland’s LOT has recorded a strong financial result for 2024, despite numbers falling behind record figures posted in 2023. The airline cited profitability as being driven by active network management...
German electric vertical take-off and landing (eVTOL) developer Lilium Aerospace has filed for insolvency again after funding promised by an investor did not materialise on time. The company had laid ...
Mexican low-cost airline Volaris’ net profit plummeted in the fourth quarter of 2024, falling 59% to $46 million for the period. The company said it is facing “continuous adversity” from Pratt & Whitn...
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