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Airline Finance


Delta Air Lines and Korean Air to Acquire Equity Stake in WestJet
WestJet has today announced that Delta and Korean Air will acquire independent equity stakes in the carrier for US $550 million from Onex Partners and its affiliated funds and co-investors.
4 days ago2 min read


Air Canada Reports First Quarter 2025 Net Loss of $102 Million or $0.40 per Diluted Share
Air Canada has reported a first quarter 2025 net loss of $102 million or ($0.40) per diluted share, on a 1.0 percent year-over-year decline in revenue to $5.2 billion. At March 31, 2025, Air Canada had cash, cash equivalents and short and investments totaling $8.06 billion.
4 days ago3 min read


IAG Orders 53 New Boeing and Airbus Aircraft; Reports First Quarter Financial Results
IAG has ordered 53 new Boeing and Airbus long-hail aircraft, including 32 Boeing 787-10s for British Airways and 21 Airbus A330-900neos which will be deployed across Aer Lingus, Iberia or Level. The carrier has also announced their first quarter 2025 financial results.
4 days ago3 min read


Norwegian Group Reports First Quarter 2025 Net Loss of $72.5 Million
Norwegian Group has reported a first quarter 2025 net loss of NOK 756.5 (US $72.5 million) on a 7.0 year-over-year increase in revenue to NOK 6.58 billion ($630.6 million). At March 31, 2025, the company had cash and equivalents totaling NOK 10.5 billion (US $1.0 billion).
5 days ago3 min read


Emirates Group Reports Record FY 2024/25 Profit of $6.2 Billion
Emirates has reported a record fiscal 2024/25 net profit of AED 22.7 billion (US $6.2 billion) on a year-over-year increase in revenue of 6.0 percent to AED 145.4 billion (US $39.6 billion). The Group ended the financial year with AED 53.4 billion (US $14.6 billion) in cash.
5 days ago4 min read


Air Lease Corporation Reports First Quarter 2025 Net Profit of $364.8 Million or $3.26 per Diluted Share
Air Lease Corporation has reported a first quarter 2025 net profit of $364.8 million or $3.26 per diluted share on a year-over-year increase in revenue of 11.3 percent to $738.3 million.
7 days ago2 min read


SKY Leasing Acquires JetBlue Ventures, the Carrier’s Venture Capital Subsidiary
JetBlue has today announced that SKY Leasing, a leading aviation investment manager, has acquired JetBlue Ventures, the airline’s venture capital subsidiary. Founded in 2016, JetBlue Ventures has invested in 55 early-stage startups.
May 52 min read


AerCap Holdings Reports First Quarter 2025 Net Profit of $643 Million or $3.43 per Share
AerCap Holding N.V. has reported a first quarter 2025 net profit of $643 million or $3.43 per share on a year-over-year increase in...
Apr 302 min read


JetBlue Reports First Quarter 2025 Net Loss of $208 Million or $0.59 per Diluted Share
JetBlue has reported a first quarter 2025 net loss of $208 million or ($0.59) per diluted share on a year-over-year decline in revenue of 3.1 percent to $2.14 billion. At March 31, 2025, the carrier had $3.8 billion in total liquidity.
Apr 292 min read


Lufthansa Group Reports First Quarter 2025 Net Loss of €885 Million or €0.74 per Share
Lufthansa Group has reported a first quarter 2025 net loss of €885 million or (€0.74) per share on a year-over-year increase in revenue of 10 percent to €8.1 billion. At March 31, 2025, the Group had €11.4 billion in total liquidity.
Apr 293 min read


American Airlines Reports First Quarter 2025 Net Loss of $473 million or $0.72 per Diluted Share
American Airlines has reported a first quarter 2025 net loss of $473 million or ($0.72) per diluted share on a year-over-year decline in revenue of 0.2 percent to $12.6 billion. At March 31, 2025, the carrier had $10.8 billion in total liquidity.
Apr 242 min read


Alaska Air Group Reports First Quarter 2025 Net Loss of $166 million or $1.35 per Share
Alaska Air Group has reported a first quarter 2025 net loss on $166 million or ($1.35) per share on a year-over-year increase in revenue of 41 percent to $3.1 billion. The revenue increase reflects the acquisition of Hawaiian Airlines.
Apr 242 min read


Southwest Airlines Reports First Quarter 2025 Net Loss of $149 Million or $0.26 per Diluted Share
Southwest Airlines has reported a first quarter 2025 net loss of $149 million or $0.26 per diluted share on a year-over-year increase in revenue of 1.6 percent to $6.4 billion. At March 31, 2025, the carrier had liquidity totaling $9.3 billion.
Apr 233 min read


United Airlines Reports First Quarter 2025 Net Profit of $387 Million or $1.16 per Diluted Share
United Airlines has reported a first quarter net profit of $387 million or $1.16 per share on a year-over-year increase in revenue of 5.4 percent to $13.2 billion. This is the carrier’s best first quarter result in five years, despite the challenging macroeconomic environment.
Apr 162 min read


Delta Air Lines Reports First Quarter 2025 Net Profit of $240 Million or $0.37 per Diluted Share
Delta Air Lines has reported a first quarter 2025 net profit of $240 million or $0.37 per diluted share on a year-over-year increase in...
Apr 92 min read


TAP Air Portugal Reports Full Year 2024 Net Profit of €53.7 Million
TAP Air Portugal has reported a full-year 2024 net profit of €53.7 million on revenue of over €4.2 billion. This is the carrier’s third...
Mar 262 min read


Transat A. T. Reports Fiscal First Quarter 2025 Net Loss of $122.5 Million or $3.10 per Share
Transat A.T. has reported a fiscal first quarter net loss of $122.5 million or ($3.10) per share on a year-over-year increase in revenue...
Mar 133 min read


Spirit Airlines Exits Chapter 11 Reorganization
Spirit Airlines has emerged from Chapter 11 financial restructuring, substantially deleveraged, and with new financing to support their...
Mar 132 min read


Air France-KLM Group Reports a Full Year 2024 Net Profit of €489 Million
Air France-KLM Group has reported a fourth quarter net loss of (€21) million on 6.4 percent year-over-year increase in revenue to €7.9...
Mar 82 min read


Lufthansa Group Reports Full Year 2024 Net Profit of €1.38 Billion or €1.15 per Share
Lufthansa Group has reported a full year 2024 net profit of €1.38 billion or €1.15 per share and a 6.0 percent year-over-year increase in...
Mar 83 min read


Norwegian Air Shuttle Purchases 10 Boeing 737-800s Currently on Lease
Norwegian Air Shuttle has today announced the signing of an agreement for the purchase of 10 Boeing 737-800s, which are already part of...
Mar 32 min read


IAG Reports Full Year 2024 Net Profit of €2.73 Billion or €0.56 Per Share
The International Consolidated Airlines Group (IAG) has reported a full year 2024 net profit of €2.73 billion or €0.56 per share on a 9.0...
Feb 283 min read


AerCap Holdings Reports Fourth Quarter Net Profit of $671 million or $3.56 per Diluted Share
AerCap has reported a fourth quarter net profit of $671 million or $3.56 per diluted share on a year-over- year increase in revenue of 9.0..
Feb 262 min read


Norse Atlantic Airways Reports Fourth Quarter 2024 Net Loss of $35 Million
Norse Atlantic Airways has reported a fourth quarter net loss of $35 million, a $30 million improvement vs. Q4 2023, on a 30 percent year...
Feb 263 min read
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