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...
Azul Brazilian Airlines reported a net loss of 4.4bn Brazilian reais ($767.4 million) in the fourth quarter of 2024, widening significantly from 52.8 million reais ($9.2 million) a year prior. In addi...
Dubai-based budget carrier flydubai has posted a record pre-tax profit totalling $674 million in 2024, up 16% in comparison to results from the year prior. This was driven by lower fuel costs and stro...
Alternative global alternative asset management group Tikehau Capital, along with Amundi Private Equity Funds, investors from Credit Agricole group — including IDIA Capital Investissement— and Arkea C...
AirAsia X will publish internal target to improve the “transparency and accountability” as part of its financial disclosures, the company said on February 24, 2025. The company said this will provide ...
Altavair priced its debut aircraft asset backed securities (ABS) deal, ALTDE 2025-1. The deal features an A and B tranche. The $582.88 million transaction marks the fourth ABS transaction for 2025, as...
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