All News

Transat A.T. Inc. has reported a fiscal second quarter 2025 net loss of $22.9 million or ($0.58) per share on a year-over-year increase in revenue of 5.9 percent to $1.03 billion. At April 30, 2025, the company had cash and cash equivalents totaling $532.6 million.

Qantas Group has today announced a strategic restructure that will support their historic fleet renewal program , while strengthening their core businesses in Australia and New Zealand.  This includes the shutdown of their intra-Asia low-cost subsidiary Jetstar Asia.

Two of PLAY’s largest shareholders, CEO Einar Örn Ólafsson and Vice Chairman of the Board Elías Skúli Skúlason, aim to take over the airline and delist it from the stock exchange.  As part of the new business strategy, the carrier will cease North American flights.

Wizz Air has reported a FY 2025 bet profit of €213.9 million on a 3.8 percent increase in revenue to €5.27 billion. At March 31, 2025, the carrier has cash and cash equivalents totaling €597.5 million.

AEGEAN has reported a first quarter 2025 net loss of €6.6 million on a 14 percent year-over-year increase in revenue to €306 million. At March 31, 2025, the carrier had cash, cash equivalents and other financial investments totaling €796.1 million.

Norse Atlantic Airways has reported a first quarter net loss of $14.9 million on revenue of $125.3 million, up from $78.2 million during the same period last year.  At March 31, 2025, the carrier had $25.0 million in cash.

Ryanair has reported a full-year 2024/25 net profit of €1.61 billion on a 4.0 percent year-over-year increase in revenue to €13.95 billion.  At March 31, 2025, the carrier had gross cash totaling nearly €4.0 billion, and net cash totaling €1.3 billion.

Singapore Airlines Group has reported a full year 2024/2025 net profit of $2.8 billion on a year-over-year increase in revenue of 2.8 percent to $19.5 billion.  At March 31, 2025, the Group had cash and bank balances totaling $8.3 billion.

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.

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.

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.

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).

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.

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.

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.

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...

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.

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.

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.

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.