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AerSale to Repurchase 6.428 Million Shares from Leonard Green & Partners

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AerSale (US) has entered into a definitive agreement to repurchase 6.428 million shares of its stock from Leonard Green & Partners, its long-term private equity sponsor, at a negotiated price of $7.00 per share. This strategic move aligns with AerSale’s capital allocation plan, reinforcing shareholder value and ownership concentration.

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Spirit Airlines Reports $1.22 Billion Net Loss for 2024 as Revenue Declines

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Aircastle Delivers B737-8 to WestJet and B737-9 to United

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Global Crossing Airlines 3Q 2024 Revenue Rises 23% to $52.4M

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Global Crossing Airlines (USA) achieved a notable 23% increase in revenue for the third quarter of 2024, totaling $52.4 million. Despite this revenue growth, the airline’s net loss remained flat at $4.9 million, and it held $7.8 million in cash and restricted cash, underscoring its commitment to operational expansion and financial stability.

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Delta Air Lines Reports Strong 4Q and 2024 Financial Results

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Delta Air Lines (US) has announced robust financial results for the fourth quarter of 2024 and the full year. In 4Q 2024, the airline achieved an operating revenue of $15.6 billion, a 5.7% increase compared to the same period in the previous year. Delta’s net income for the quarter was $843 million, reflecting its strong operational performance.

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Royal Jordanian Reports $1 Billion Revenue With Reduced Losses

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Royal Jordanian has announced its financial results for 2024, revealing a total revenue of $1.0 billion. The airline also managed to reduce its post-tax losses by 59%, bringing the figure down to $4.9 million. This marks a significant improvement compared to previous years and highlights the company’s ongoing recovery efforts following the challenges faced during the pandemic years.