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Airline Finance


Atlas Air Worldwide Acquires 49 percent stake in Iceland Based Air Atlanta
Atlas Air Worldwide has today announced that they have taken a 49 percent strategic stake in Icelandic ACMI and aircraft management company, Air Atlanta, which has operating platforms in Iceland and Malta.
6 days ago2 min read


Ryanair Pays Last €1.2 Billion Bond, is Now Debt Free
Ryanair has announced that they have paid back their last €1.2 billion bond, effectively becoming one of the only commercial airlines in the world with no debt.
May 252 min read


Norse Atlantic Airways Reports First Quarter 2026 Revenue Increase of 66 Percent to $160 Million
Norse Atlantic Airways has reported a first quarter 2026 year-over-year revenue increase of 66 percent to $160 million. Norse Atlantic Boeing 787-9 Dreamliner - Courtesy Norse Atlantic Airways On Thursday (May 21, 2026), Norse Atlantic Airways reported their first quarter financial results for the period ending March 31, 2026. The carrier reported a 66 percent year-over-year increase in revenue to $160 million, supported by strong commercial momentum, record unit revenue and
May 213 min read


Qatar Airways Reports Full Year 2025/26 Net Profit of $1.94 Billion
Qatar Airways has reported a full-year 2025/26 net profit of QAR 7.08 billion (US $1.94 billion) on revenue of QAR 83.8 billion (US $23.0 billion). Qatar Airways Boeing 787 Dreamliner - Courtesy Qatar Airways On Wednesday (May 20, 2026) Qatar Airways Group reported their full fiscal year financial results for the period ending March 31, 2026. The Group reports a FY 2026/26 net profit of QAR 7.08 billion (US $1.94 billion) on revenue of QAR 83.8 billion (US $23.0 billion). Q
May 202 min read


Ryanair Reports Full Year 2025/26 Profit After Tax of €2.26 Billion
Ryanair has reported a full-year 2025/26 net profit of €2.26 billion, a 40 percent increase versus the prior fiscal year result of €1.61 billion.
May 193 min read


AEGEAN Airlines Reports First Quarter 2026 Net Loss of €21.7 Million
AEGAEN Airlines has reported a first quarter 2026 net loss of (€21.7) million on a 5.0 percent year-over-year increase in revenue to €320.7 million. AEGEAN Reports First Quarter 2026 Financial Results - Courtesy AEGEAN Airlines On Tuesday (May 19, 2026), AEGEAN Airlines reported their first quarter financial results for the period ending March 31, 2026. The carrier reported a first quarter net loss of (€21.7) million on a 5.0 percent year-over-year increase in revenue to €3
May 192 min read


Allegiant Travel Company Completes Acquisition of Sun Country Airlines
Allegiant Travel Company has announced the completion of their acquisition of Sun Country Airlines, creating the leading U.S. leisure-focused airline. The combined company’s network will serve nearly 175 cities with over 650 routes.
May 133 min read


Lufthansa Group to Acquire Additional 49 Percent Stake in ITA Airways, Increasing Equity to 90 Percent
ITA Airways has today announced that Lufthansa Group has exercised their option to acquire an additional 49 percent of the company for €325 million, expanding their equity stake in the airline to 90 percent.
May 122 min read


IAG Reports First Quarter 2026 Net Profit of €301 Million or €0.065 per Share
IAG has reported a first quarter 2026 net profit of €301 million of €0.065 per share on a year-over-year increase in revenue of 1.9 percent to €7.2 billion. The company ended the period with €10.1 billion in cash, cash equivalents and interest-bearing deposits. IAG Reports First Quarter 2026 Financial Results - Courtesy IAG On Friday (May 8, 2026), the International Consolidated Airlines Group (IAG) reported their first quarter financial results for the period ending March 3
May 83 min read


Norse Atlantic Airways Accelerates ‘Project Falcon’ Cost Reduction Program
Norse Atlantic Airways has today announced an acceleration of their ‘Project Falcon’ cost reduction program, which is expected to deliver $50 million in cost reductions annually.
May 72 min read


Emirates Reports Record FY 2025/26 Net Profit of $5.7 Billion
Emirates has reported a record FY 2026/26 net profit of AED 21.0 billion (US $5.7 billion) on a 3.0 percent year-over-year increase in revenue to a record AED 15.5 billion (US $41.0 billion). The carrier ended the financial year with a record $15.0 billion in cash. Emirates Reports Fiscal Year 2025/26 Financial Results - Courtesy Emirates On Thursday (May 7, 2026), Emirates Group reported their fiscal year 2025/26 financial results for the period ending March 31, 2026. The
May 76 min read


LATAM Airlines Group Reports First Quarter 2026 Net Profit of $576 Million
LATAM Airlines Group has reported a first quarter 2026 net profit of $576 million, driven primarily by a 10.4 percent increase in capacity. The Group ended the period with liquidity totaling approximately $4.1 billion. LATAM Airlines Airbus A321XLR Rendering - Courtesy Airbus On Tuesday (May 5, 2026), LATAM Airlines Group reported their first quarter financial results for the period ending March 31, 2026. The Group reported a first quarter net profit of $576 million with an
May 62 min read


Lufthansa Group Reports First Quarter 2026 Net Loss of €665 Million or €0.55 per Share
Lufthansa Group has reported a first quarter net loss of €665 million or (€0.55) per share on a year-over-year increase in revenue of 8.0 percent to €8.7 billion. At March 31, 2026, the company had total available liquidity of €10.3 billion.
May 63 min read


Spirit Airlines Ceases Operations, Competitors Step in to Assist Stranded Passengers
Spirit Airlines has today announced that all flights have been canceled, and they have started the orderly wind down of all operations. Competitors such as American Airlines, United Airlines JetBlue and Frontier Airlines will assist stranded passengers. Spirit Airlines Ceases Operations on Saturday, May 2, 2026 - Courtesy Spirit Airlines On Saturday (May 2, 2026), Spirit Airlines announced that all flights have been canceled, and they have started the orderly wind-down of al
May 24 min read


Air Canada Reports First Quarter 2026 Net Profit of $48 Million or $0.16 per Diluted Share
Air Canada has reported a first quarter 2026 net profit of $48 million or $0.16 per diluted share on a year-over-year increase in revenue of 11.3 percent to $5.8 billion. At March 31, 2026, the carrier had total liquidity of $8.8 billion. Air Canada Airbus A350-1000 Rendering - Courtesy Air Canada On Thursday (April 30, 2026), Air Canada reported their first quarter financial results for the period ending March 31, 2026. The carrier reported a first quarter net profit of $4
Apr 302 min read


AerCap Reports First Quarter 2026 Net Profit of $818 Million or $4.96 per Diluted Share
AerCap Holdings has reported a first quarter 2026 net profit of $818 million or $4.96 per diluted share on a year-over-year increase in revenue of 2.0 percent to $1.68 billion. AerCap Reports First Quarter 2026 Financial Results - Courtesy AerCap On Wednesday (April 29, 2026), AerCap Holding reported their first quarter financial results for the period ending March 31, 2026. The company reported a first quarter 2026 net profit of $818 million or $4.96 per diluted share on a
Apr 292 min read


JetBlue Reports First Quarter 2026 Net Loss of $319 Million or $0.86 per Diluted Share
JetBlue has reported a first quarter 2026 net loss of $319 million or ($0.86) per diluted share on a year-over-year increase in revenue of 4.7 percent to $2.2 billion. The company ended the quarter with $2.4 billion in liquidity, plus an undrawn $600 million revolver.
Apr 282 min read


Norwegian Group Reports First Quarter 2026 Operating Loss of NOK 220 Million
Norwegian Group has reported a first quarter 2026 operating loss of NOK 220 million (US $23.7 million), compared to an operating loss of NOK 611 million (US $65.9 million) during the same period last year.
Apr 282 min read


American Airlines Reports First Quarter 2026 Net Loss of $382 Million or $0.58 per Diluted Share
American Airlines has reported a first quarter 2026 net loss of $382 million or ($0.58) per diluted share on a year-over-year increase in revenue of 10.8 percent to $13.9 billion. The company ended the quarter with $10.8 billion in liquidity and vast unencumbered assets. American Airlines Reports First Quarter 2026 Financial Results - Courtesy American Airlines On Thursday (April 23, 2026), American Airlines reported their first quarter financial results for the period endin
Apr 233 min read


Southwest Airlines Reports First Quarter 2026 Net Profit of $227 Million or $0.45 per Diluted Share
Southwest has reported a Q1 2026 net profit of $227 million or $0.45 per share on a year-over-year increase in revenue of 12.8 percent to $7.25 billion. The carrier ended the period with $3.3 billion in cash and cash equivalents and a revolving credit line of $1.5 billion.
Apr 222 min read


United Airlines Reports First Quarter 2026 Net Profit of $699 Million or $2.14 per Diluted Share
United Airlines has reported a first quarter 2026 net profit of $699 million or $2.14 per diluted share on a year-over-year increase in revenue of 10.6 percent to $14.6 billion. At March 31, 2026, United had $17.2 billion in total liquidity.
Apr 213 min read


Alaska Air Group Reports First Quarter 2026 Net Loss of $193 Million or $1.69 per Diluted Share
Alaska Air Group has reported a first quarter 2026 net loss of $193 million or ($1.69) per diluted share on a year-over-year increase in revenue of 5.0 percent to $3.3 billion. Following the close of the quarter, the company increased total liquidity to $2.9 billion.
Apr 203 min read


TAP Air Portugal Reports Full Year 2025 Net Profit of €4.1 Million
TAP Air Portugal has reported their fourth consecutive profitable year. For the full-year 2025, the carrier reported a net profit of €4.1 million, which would have been €46 million with the adjustment excluded for corporate income tax rates.
Apr 103 min read


Delta Air Lines Reports First Quarter 2026 Net Loss of $289 Million or $0.44 per Diluted Share
Delta Air Lines has reported a first quarter 2026 net loss of 289 million or ($0.44) per diluted share on a year-over-year increase in revenue of 13 percent to $15.9 billion. The company ended the quarter with $8.1 billion in total liquidity.
Apr 83 min read
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