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...
Vietjet has signed a $300 million aircraft financing agreement with Carlyle Aviation Partners, with the agreement aiming to support the delivery of new aircraft through to 2026. The Vietnamese carrier...
American Airlines CEO Robert Isom said Flight 5342 had a “real impact” on its first quarter performance. The incident involved a CRJ700 operated by PSA Airlines as American Eagle colliding with a Blac...
US private aviation provider Wheels Up net losses widened during the fourth quarter of 2024 to $87.5 million, up from $81.5 million during the same period of the year prior.Revenue during the fourth q...
The International Airlines Group (IAG) will invest up to €200 million ($217.9 million) over a five-year period in “high-potential companies” through IAGi Ventures, a new corporate venturing arm of the...
Willis Lease Finance Corporation (WLFC) reported record annual results for 2024 on March 10, 2025. The company’s net income totalled $108.6 million, more than doubling from 2023’s $40.4 million in 202...
Norse Atlantic Airways expects a significant accounting gain from the redelivery of three 787-8 aircraft, that the airline said will be recognised in results for the first quarter of year.The aircraft...
AerSale closed 2024 swinging to a net profit of $2.7 million in the fourth quarter, compared to a net loss of $2.7 million a year prior. For the full year, net profit totalled $5.9 million, swinging f...
Japan Credit Rating Agency (JCR) has rated Total Engine Asset Management (TEAM) A+ on March 7, 2025. “This prestigious A+ rating is a testament to TEAM's robust financial health and commitment to tran...
Lufthansa Group’s core business Lufthansa Airlines reported “very disappointing results” with EBIT going from a positive €866 million to a negative €116 million in 2024. The airline’s revenues were up...
American Airlines value fell 30% in less than 30 days, though recovering some of its losses the same day on March 4, 2025. “This level of speed and severity has, in the past, overwhelmingly been foll...
Turkish Airlines reported a $2.4bn profit for 2024 from its main operations. The airline’s revenues were up 8.2% to $22.7bn, compared to 2023. The airline also detailed a cash dividend of $260 million...
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