Aircastle, a global aircraft leasing company headquartered in the United States, has announced its financial results for the fiscal year ending 28 February 2025, highlighting strong performance metrics and substantial liquidity reserves.
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China Southern Airlines has announced a significant financial turnaround with a net profit of $447 million for the third quarter of 2024. This achievement reflects a steady recovery in the aviation market and is supported by robust passenger demand and strategic operational adjustments. The airline’s Q3 results show that China Southern has successfully capitalized on…
Japan Airlines (JAL) has announced its intention to raise capital through the issuance of bond-type preferred shares, with an issuance cap of US$1.3 billion. These instruments will not carry voting rights or conversion rights to common stock, positioning them as a hybrid financing mechanism aimed at strengthening the airline’s balance sheet while limiting dilution for existing shareholders.
Norwegian has outlined a new initiative known as Program X, aiming to significantly boost its long-term financial performance. The program, announced as part of its strategic planning, sets a clear goal of delivering a profit improvement exceeding $96.4 million annually starting from 2026. This target marks a critical step in Norwegian’s post-pandemic recovery efforts and reflects a broader trend…
Boeing, a global leader in aerospace manufacturing, has announced its projected financial results for the fourth quarter of 2024, highlighting revenue of $15.2 billion. Despite significant revenue generation, the company anticipates a GAAP loss per share of ($5.46) and a negative operating cash flow of ($3.5) billion.
Vietravel Airlines, a prominent airline based in Vietnam, has significantly raised its charter capital by nearly 100%, bringing the total to US$51.4 million. This capital expansion is a strategic move aimed at supporting the airline’s growth initiatives, strengthening its financial foundation, and improving its operational capacity to meet increased demand in the Vietnamese air travel market. Vietravel Group,…
Norwegian Air Sweden AOC has taken delivery of a B737-8, with serial number 62907, on lease. The aircraft is equipped with advanced LEAP-1B27 engines, ensuring enhanced performance and fuel efficiency.
