Air Canada Reports Strong Q1 2026 Financial Results as the Canadian flag carrier delivered record revenues and improved profitability despite ongoing market volatility.
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AerCap Holdings, the Dublin-based global aircraft leasing giant, delivered a solid performance in the first quarter of 2025, reporting a net income of US$643 million. Total revenues and other income reached US$2.0 billion, marking a 3% year-over-year increase. The results reflect robust leasing demand and disciplined capital deployment.
Thai VietJet Air has expanded its fleet capacity for the Lunar New Year holiday season by wet-leasing two Airbus A320-200 aircraft from Avion Express, a leading Lithuanian ACMI provider. The additional aircraft are expected to support the airline in handling increased passenger traffic during one of the busiest travel periods of the year.
Pakistan International Airlines (PIA) is poised to significantly bolster its fleet with the scheduled delivery of eight new Boeing 777 aircraft in 2025. This strategic acquisition aligns with PIA’s objectives to modernize its fleet, enhance operational efficiency, and expand its international route network.
AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.
Bamboo Airways, a prominent Vietnamese airline, has entered into a wet-lease agreement with FlyOne, a Romanian carrier, for an Airbus A320. This arrangement became effective on December 13, 2024, and is expected to bolster Bamboo Airways’ operational capacity during peak travel periods.
Malaysia Airlines has announced the extension of its partnership with MJets Air (Malaysia), appointing the carrier as its dedicated narrow-body freighter operator. This collaboration is aimed at enhancing the efficiency and capacity of MAB Kargo, the airline’s cargo division.
