Avolon Prices US$1.5 Billion Senior Notes, reinforcing the aircraft lessor’s capital markets access and balance sheet flexibility as it continues to expand its global aviation finance platform.
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Uganda Airlines is set to enhance its operations with the wet lease of an Airbus A320, identified by serial number 6733, from DAT (Denmark). The aircraft is expected to arrive by the end of November 2024, serving as an interim solution until the delivery of two A320neos in June 2025.
ITA Airways, Italy’s flag carrier, reported revenues of $3.5 billion for the full year 2024, representing a 26% increasecompared to the previous year, driven by expanded route offerings and improved passenger volumes. Despite this revenue growth, the airline recorded a net loss of $256.6 million, highlighting continued operational challenges and restructuring costs.
Cebu Pacific, the leading low-cost carrier in the Philippines, reported a steep decline in profitability for the first quarter of 2025, despite strong revenue growth. The airline’s net profit plunged by 79.2% year-over-year, dropping to $8.4 million, even as total revenue rose by 20.2% to $549 million.
Avolon Reports Strong 2025 Performance with Fleet Growth and Rating Upgrades, reflecting a year marked by significant aircraft transactions, expanding placements of new-technology aircraft, and improved credit metrics. The update, released from Dublin, outlines the lessor’s fourth-quarter activity and full-year results for 2025.
GetJet Aviation Holdings, an international aviation services group headquartered in Vilnius, Lithuania, has announced robust financial results for the fiscal year 2024, recording a net profit of €25.4 million. The group’s total revenues reached €184.3 million, underlining its strong performance and strategic diversification in the highly competitive ACMI and aircraft maintenance (MRO) sectors.
Akasa Air, one of India’s newest and rapidly growing carriers, has reported robust financial results for the fiscal year ending March 31, 2025, highlighting its aggressive expansion and disciplined cost management. The airline announced a 49% year-on-year revenue increase, attributing the gain to strong unit profitability and a stage-adjusted RASK increase of 13%.
