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Air Lease Reports Surge In Q1 2025 Profit

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Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.

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Aircraft Engine Lease Finance Reports Engine And A330 Sales In Q1

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Aircraft Engine Lease Finance (AELF), a US-based engine leasing and asset management firm, has reported a series of transactions in the first quarter of 2025, reflecting strong activity in the secondary market for engines and airframes. The company leased out two CF6-80C engines and completed the sale of three additional engines alongside three Airbus A330-200 airframes, specifically serial numbers 970, 466, and…

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Mexicana Costs Taxpayers Over $1.72 Billion in First Year

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Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.

Vietravel to Offer 28.6 Million Shares to Raise Capital

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Vietravel (Vietnam), a prominent travel and tourism company, has announced its plan to issue 28.6 million shares to the public in the coming months. This share offering is expected to generate approximately US$13.5 million in capital, which will be primarily used to repay outstanding loans and improve the company’s financial stability.

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ALM Leases Two B737-800s To Garuda Indonesia

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Aircraft Leasing & Management (ALM), based in the UK, has successfully arranged the lease of two Boeing B737-800aircraft to Garuda Indonesia. The aircraft involved are identified by serial numbers 44217 and 44218, and the deal marks a continuation of Garuda’s gradual fleet renewal and capacity optimization efforts.

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GOL Reports 3Q 2024 Net Loss Improvement and Revenue Growth

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GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…