top of page
All News


Transat A. T. Inc. Reports Fiscal Second Quarter 2025 Net Loss of $22.9 Million or $0.58 per Share
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.
6 days ago2 min read


Qantas Group to Shut Down Intra-Asia Low Cost Subsidiary Jetstar Asia
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.
7 days ago2 min read


PLAY to Discontinue Service to North America From October 2025
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.
7 days ago2 min read


WIZZ Air Reports Full Year 2025 Net Profit of €213.9 Million
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.
Jun 63 min read


AEGEAN Reports First Quarter 2025 Net Loss of €6.6 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.
May 282 min read


Norse Atlantic Airways Reports First Quarter 2025 Net Loss of $14.9 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.
May 213 min read


Ryanair Reports Full Year 2024/25 Net Profit of €1.61 Billion
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.
May 192 min read


Singapore Airlines Group Reports Record FY 2024/2025 Net Profit of $2.8 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.
May 162 min read


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.
May 92 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.
May 93 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.
May 93 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).
May 83 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.
May 84 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.
May 62 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
bottom of page