CALC (China Aircraft Leasing Group Holdings Ltd), based in Hong Kong, reported impressive financial results for 2024, demonstrating significant growth with total revenue increasing by 9.2% to US$669.5 million and profit attributable to shareholders rising dramatically by 809% to US$33.1 million.
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Azul Brazilian Airlines has announced its decision to forgo the delivery of two Airbus A330neo aircraft, which were previously in operation with Air Belgium. The move signals a strategic adjustment in Azul’s fleet planning to align with its operational needs and market conditions.
Allegiant Travel Company has released its fourth-quarter and full-year 2024 financial results, showing modest revenue growth but continued net losses. In Q4 2024, the company reported total operating revenue of $627.7 million, reflecting a 2.7% increase compared to the previous year. However, the airline posted a net loss of $216.2 million for the quarter.
Spirit Aviation Holdings (US), the parent company of Spirit Airlines, has announced that Spirit Airlines has successfully completed its financial restructuring, marking a significant step in stabilizing its financial position and reducing debt obligations. The airline converted approximately $795 million of funded debt into equity, significantly lowering its leverage and improving its financial flexibility.
Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.
VoePass (Brazil) has successfully obtained temporary court protection, preventing the seizure of aircraft and creditor collection efforts for 60 days. This legal safeguard allows the airline to restructure its financial obligations and work toward stabilizing operations.
flyadeal, the low-cost carrier of Saudi Arabia, is reportedly close to finalizing a deal to order 10 Airbus A330-900 jets. The agreement is expected to be signed in the coming weeks, with deliveries slated to commence in 2027. This strategic move marks a significant milestone in flyadeal’s fleet expansion plans, as it aims to enhance its capacity for…
Azul Brazilian Airlines has announced its decision to forgo the delivery of two Airbus A330neo aircraft, which were previously in operation with Air Belgium. The move signals a strategic adjustment in Azul’s fleet planning to align with its operational needs and market conditions.
Allegiant Travel Company has released its fourth-quarter and full-year 2024 financial results, showing modest revenue growth but continued net losses. In Q4 2024, the company reported total operating revenue of $627.7 million, reflecting a 2.7% increase compared to the previous year. However, the airline posted a net loss of $216.2 million for the quarter.
Spirit Aviation Holdings (US), the parent company of Spirit Airlines, has announced that Spirit Airlines has successfully completed its financial restructuring, marking a significant step in stabilizing its financial position and reducing debt obligations. The airline converted approximately $795 million of funded debt into equity, significantly lowering its leverage and improving its financial flexibility.
Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.
VoePass (Brazil) has successfully obtained temporary court protection, preventing the seizure of aircraft and creditor collection efforts for 60 days. This legal safeguard allows the airline to restructure its financial obligations and work toward stabilizing operations.
flyadeal, the low-cost carrier of Saudi Arabia, is reportedly close to finalizing a deal to order 10 Airbus A330-900 jets. The agreement is expected to be signed in the coming weeks, with deliveries slated to commence in 2027. This strategic move marks a significant milestone in flyadeal’s fleet expansion plans, as it aims to enhance its capacity for…
Azul Brazilian Airlines has announced its decision to forgo the delivery of two Airbus A330neo aircraft, which were previously in operation with Air Belgium. The move signals a strategic adjustment in Azul’s fleet planning to align with its operational needs and market conditions.
Allegiant Travel Company has released its fourth-quarter and full-year 2024 financial results, showing modest revenue growth but continued net losses. In Q4 2024, the company reported total operating revenue of $627.7 million, reflecting a 2.7% increase compared to the previous year. However, the airline posted a net loss of $216.2 million for the quarter.
Spirit Aviation Holdings (US), the parent company of Spirit Airlines, has announced that Spirit Airlines has successfully completed its financial restructuring, marking a significant step in stabilizing its financial position and reducing debt obligations. The airline converted approximately $795 million of funded debt into equity, significantly lowering its leverage and improving its financial flexibility.
Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.
VoePass (Brazil) has successfully obtained temporary court protection, preventing the seizure of aircraft and creditor collection efforts for 60 days. This legal safeguard allows the airline to restructure its financial obligations and work toward stabilizing operations.
flyadeal, the low-cost carrier of Saudi Arabia, is reportedly close to finalizing a deal to order 10 Airbus A330-900 jets. The agreement is expected to be signed in the coming weeks, with deliveries slated to commence in 2027. This strategic move marks a significant milestone in flyadeal’s fleet expansion plans, as it aims to enhance its capacity for…
