Finnair has announced its financial results for Q4 2024, reporting a 7.7% increase in revenue to $812.1 million. Despite the revenue growth, the company posted a net loss of $8.7 million for the quarter.
Copa Holdings, a leading Latin American airline group, has released its financial results for the fourth quarter and full year of 2024.
Avolon, a leading global aircraft lessor, has reported strong financial results for 2024, highlighting significant growth in revenue and profitability.
Island Aviation Services, the national airline of the Maldives operating under the brand Maldivian, has been granted the EASA Part 145 approval certificate. This certification authorizes the airline to conduct maintenance, repair, and overhaul (MRO) services in accordance with the stringent standards set by the European Union Aviation Safety Agency (EASA).
Indaer Europe has officially received Continuing Airworthiness Management Organization (CAMO) approval from the Civil Aviation Authority of the Cayman Islands (CAACI). This certification allows Indaer Europe to oversee airworthiness management services for aircraft registered under the Cayman Islands registry, further expanding its global regulatory approvals.
Safran Aircraft Engines, a leading French engine manufacturer, has entered into strategic partnerships with two prominent Indian companies to strengthen the production of LEAP engine components. This collaboration aligns with the Indian government’s “Make in India” policy, reinforcing the country’s position in the global aerospace supply chain.
Eurowings, a subsidiary of the Lufthansa Group, is expanding its business by founding its own tour operator, Eurowings Holidays. The new company is scheduled to commence operations on April 1, 2025, aiming to offer customized travel packages to its customers.
Azul believes that the $100 million debt owed by TAP Air Portugal since 2016 will be resolved soon, as both parties have acknowledged the obligation.
On February 11, 2025, airBaltic held a shareholders’ meeting where Andrejs Martinovs and Lars Mydland were elected to the Supervisory Board. Martinovs will serve as Chairman, while Mydland will take on the role of Vice Chairman.
Air France CEO Anne Rigail has raised concerns over the French government’s 2025 budget, which includes a sharp increase in the solidarity tax on airline tickets. She warns that this move could lead to a $100 million revenue decline, impacting the airline’s profitability and competitiveness.
