Virgin Atlantic, the UK-based international airline, has released its financial results for 2024, showcasing a year of profitability and financial health. The airline reported total revenues of US$4.2 billion and a Profit Before Tax and Exceptional Items of $25.8 million.
GOL Airlines, a major Brazilian carrier, has reported its financial results for the year 2024, showing a mixed financial performance with a slight increase in total net revenue and a substantial net loss. The airline’s total net revenue for the year was up by 1.9%, reaching US$3.3 billion, while the net loss for the year stood at $1.0…
China Southern Airlines, one of the largest carriers in Asia, has disclosed its financial results for 2024, highlighting a net loss of US$244 million. Despite the loss, the airline saw a notable increase in revenue, which grew by 8.9% to $23.9 billion.
AirAsia Indonesia, a major player in the Southeast Asian airline market, has announced its financial results for the year 2024, reporting a net loss of US$92 million. Despite this setback, the airline saw a considerable increase in revenue, which rose by 19.9% to $476 million.
Air China, one of the leading airlines in Asia, has disclosed its financial results for 2024, revealing a slight net loss of US$3.2 million. Despite the loss, the airline recorded a substantial increase in revenue, which surged by 17.2% to reach $23.9 billion.
TAP Air Portugal, the flag carrier of Portugal, may see its planned privatization process delayed until summer 2025 or potentially later. This news comes from Luis Gallego, CEO of International Airlines Group (IAG), who mentioned that the timing could shift depending on the priorities and plans of Portugal’s new government.
Wizz Air Malta, part of the expansive Wizz Air network, has recently taken delivery of a new Airbus A321neo aircraft. This aircraft, marked with serial number 12439, is equipped with Pratt & Whitney PW1133G-JM engines.
WestJet, a prominent Canadian airline, is actively considering opportunities to sublease some of its Boeing 737-800BCF(Boeing Converted Freighter) aircraft. This strategic move aims to maximize the value and utilization of its freighter fleet amid fluctuating demand in cargo operations.
Starlux Airlines, a rapidly growing luxury airline based in Taiwan, has further expanded its aircraft fleet by taking delivery of a new Airbus A350-900. This aircraft, identified by serial number 712, is equipped with Rolls-Royce Trent XWB-84 engines.
Southwest Airlines, a major American airline known for its extensive domestic network, has recently taken delivery of a new Boeing 737-8. This aircraft, bearing serial number 68633, is powered by LEAP-1B28 engines, which are part of the latest generation of jet propulsion technology offered by CFM International.
