Capital A to Issue Internal Targets to Enhance Transparency and Investor Confidence

ByAdmin 24/02/202503/03/2025

In a strategic move to bolster transparency and rebuild investor trust, Capital A Berhad, the parent company of AirAsia, has declared its intention to publish internal business targets in conjunction with its quarterly financial disclosures. This decision reflects the company’s commitment to providing stakeholders with a clearer understanding of its financial trajectory and operational objectives.

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Airlines | Financial

Vietnam Airlines Considers New Share Issuance Plan

ByAdmin 25/11/202427/11/2024

Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.

Airlines | Financial | Quarterly Performance

Copa Holdings Earns $176.8M Profit In Q1 2025

ByAdmin 09/05/202512/05/2025

Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.

Corporation | Crisis | Financial

Spirit AeroSystems Warns of Financial Uncertainty Amid Cash Shortfall

ByAdmin 06/11/202408/11/2024

Spirit AeroSystems, a leading U.S.-based aerospace manufacturer, has issued a stark warning regarding its financial health, stating that there is “substantial doubt” about the company’s ability to continue as a going concern. This cautionary statement comes as Spirit AeroSystems faces significant cash flow challenges, with cash reserves reportedly dwindling at a concerning rate. The announcement underscores…

Airlines | Financial | Quarterly Performance

Aerolíneas Argentinas Reports $326M Loss in Q1 2024

ByAdmin 12/12/202416/12/2024

Aerolíneas Argentinas has reported a loss of $326 million during the first quarter of 2024, despite achieving a total income of $1.64 billion. The financial results highlight the challenges the airline continues to face in a volatile global aviation market.

Airlines | Flag Carrier | Management

LOT Appoints Tomasz Ludwicki as Interim President

ByAdmin 04/12/202405/12/2024

LOT Polish Airlines (Poland) has announced the temporary appointment of Tomasz Ludwicki as interim president. This decision comes as part of a transitional phase following leadership changes within the airline.

Airlines | Bankruptcy | Financial

GOL May Postpone U.S. Bankruptcy Exit Without Full Funding

ByAdmin 21/04/202521/04/2025

GOL Linhas Aéreas Inteligentes, the Brazilian low-cost airline, has indicated that it may delay its planned exit from Chapter 11 bankruptcy proceedings in the United States unless it is able to secure the full $1.9 billion in required funding by May 15, 2025. To date, the airline has successfully secured $1.25 billion in investor commitments, leaving a funding gap…

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