airBaltic swings to loss in 2024
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF...
Cathay Pacific reported slight profit growth during 2024, recording an annual profit of HK$9.9bn ($1.58bn), up by 1% on year prior. The Hong Kong-based airline citied this growth to a strong financial...
EL AL Israel Airlines' revenues soared 37% in 2024 reaching $3.4bn, supported by “unprecedented demand” as conflict continued throughout the year and airlines stripped back capacity in the country. “D...
Spirit Airlines reported a net loss of $138.4 million in January 2025. The income statement was filed with the US Bankruptcy Court on March 11, 2025. Spirit Airlines’ restructuring plan was approved b...
India’s SpiceJet has been hit with fresh legal action, after three Irish aircraft lessors and a former pilot filed insolvency petitions against the airline in the Indian National Company Law Tribunal ...
Qazaq Air will resume regular flights on the Turkistan-Samarkand route, effective from May 1, 2025. The route will operate twice a week.The resumption follows Samarkand International Airport announced...
Etihad Airways carried 1.6 million passengers in February 2025, up from 1.4 million a year prior. “Our passenger numbers in February saw a strong 14% growth compared to the same period last year, as w...
SAS will resume services between Scandinavia and Beirut in June, after the airline ceased operations to the Lebanese capital in October 2023.The airline will restart flights from both Stockholm and Co...
Air France-KLM has reportedly made a €300 million offer for a 51% stake in Air Europa, according to Spanish newspaper El Confidencial. The group offered to pay the Hildago family in exchange for their...
Sun Country Airlines CEO Jude Bricker said the company will need around five to seven engines a year. “It's one of the biggest challenges that we face right now,” said Bricker during JP Morgan's Indus...
With US airlines trimming their guidance on March 11, 2025, Sun Country Airlines followed suit on the same day. Total revenues for the first quarter of 2025 are expected to be $325 to $330 million, do...
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