Mesa Air Group has released its financial results for the third quarter of fiscal 2024, reporting total operating revenues of $110.8 million.
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Willis Lease Finance Corporation (NASDAQ: WLFC), a global leader in commercial aircraft engine leasing and aviation services, reported record financial performance for the third quarter of 2025, underscoring strong demand across its leasing and maintenance operations. The company achieved quarterly revenue of $183.4 million, marking a 25.4% increase year-over-year, and pre-tax income of $43.2 million, also up 25.4% from the same…
Airbus has released its financial results for the first nine months of 2024, reporting consolidated revenues of $48.1 billion, a 5% year-on-year increase driven by strong commercial aircraft demand. This growth reflects continued recovery in the global aviation market, where Airbus recorded gross commercial orders totaling 667 aircraft, underscoring sustained demand from airlines looking to…
Norway has sold its entire 6.37% stake in Norwegian, a move involving around 65.5 million shares. This decision represents a major step in the Norwegian government’s efforts to reduce its exposure to commercial airline investments and reflects broader shifts in its aviation policy.
FL Technics, a leading global provider of aircraft maintenance, repair, and overhaul (MRO) services headquartered in Lithuania, has revealed its intent to acquire JOB AIR Technic, a Czech-based MRO company. The transaction is subject to the fulfillment of agreed closing conditions, including mandatory statutory and regulatory approvals.
Boeing has resumed production across all airplane programs that were previously halted due to a machinists’ strike in the Pacific Northwest. The affected programs include the B767, B777/777X, and B737 MAX, all of which are now back in operation.
Asiana Airlines has announced a strategic financial reinforcement of its subsidiaries Air Seoul and Air Busan. The South Korean flag carrier will participate in a US$127 million paid-in capital increase for Air Seoul through a shareholder allocation. This transaction will provide Asiana with an additional 36 million common shares, raising its total investment in the airline to approximately $170 million. The move strengthens Asiana’s…
