All News

United Airlines has reported a second quarter 2025 net profit of $973 million or $2.97 per diluted share on a year-over-year increase in revenue of 1.7 percent to $15.2 billion. At June 30, 2025, United had total available liquidity of $18.6 billion.

Porter Airlines has secured a sale and leaseback transaction for four Embraer E195-E2 aircraft scheduled for delivery in 2025. The agreement was led by affiliates of Fortress Investment Group and GOAL Aircraft Leasing.

Finnair has reported a second quarter net profit of €12.5 million or €0.06 per diluted share on a 2.8 year-over-year increase in revenue to €787.7 million.

Norwegian Group has reported a second quarter 2025 operating profit (EBIT) of NOK 1.25 billion (US $123.7 million).  At June 30, 2025, the carrier had cash and cash equivalents totaling NOK 13.8 billion (US $1.37 billion).

Delta Air Lines has reported a second quarter 2025 net profit of $2.13 billion or $3.27 per share on revenue of $16.65 billion, virtually flat year-over-year.  At June 30, 2025, Delta had $6.4 billion in total liquidity.

Allegiant Travel Company has announced that funds affiliated with Blackstone Real Estate have agreed to acquire the carrier’s Sunseeker Resort Charlotte Harbor property in Florida for $200 million.

Air France-KLM Group has today announced that they will initiate proceedings to take a majority state in SAS, marking a strategically important chapter for the Scandinavian airline and a landmark development in European aviation.

Iberia has announced the ‘Flight Plan2030’, a strategic guide for the coming years with the goal of achieving annual profitability of between 13.5 and 15 percent, allowing for an investment of €6 billion over the course of the plan. 

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).