Bangkok Airways has reported a solid financial performance for the first quarter of 2025, posting a net profit of US$50 million. This comes even as total revenue for the period showed a slight decline of 1.4%, settling at $171.3 million. The results reflect the carrier’s resilience and strategic cost management amid a competitive Southeast Asian aviation landscape.
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Korean Air has expanded its long-haul fleet with the delivery of a Boeing 787-10, registered HL8538 and powered by GEnx-1B engines. This latest addition underscores the airline’s continued investment in next-generation widebody aircraft as it strengthens its international network.
Vietnam Airlines has announced a Request for Proposal (RFP) to secure a wet lease for two A320 or A321 aircraft, with an option for two additional units. This short-term lease is set to cover a one-month period from January 13 to February 12, 2025, aligning with a time of peak travel demand in the region. By pursuing a wet lease arrangement, Vietnam Airlines…
Thai AirAsia has initiated the issuance and offering of High-Risk Secured and Callable Debentures, with backing from a corporate guarantor. The offering totals US$58.5 million, with a 5.5% annual coupon rate and a tenor of 2.5 years. This financial instrument is designed to attract yield-seeking investors while supporting Thai AirAsia’s ongoing liquidity and operational funding needs.
FTAI Aviation, based in the Cayman Islands, reported a net income of $89.9 million on total revenues of $502 millionfor the year 2025. The company’s full-year financial results indicate a steady operational performance within its leasing and aftermarket services segments.
Aeroflot Group, Russia’s largest airline conglomerate, has released its financial results for the year 2024. The company reported a net loss of $299.2 million for the year, despite achieving a 43.3% increase in revenue, totaling $7.2 billion.
Surf Air Mobility, a U.S.-based aviation company, has formally entered into definitive agreements for a significant fundraising effort through a registered direct offering. This strategic financial maneuver involves the sale of 2 million shares of its common stock, aiming to raise a total of $5 million.
