Turkish Airlines, the world’s leading carrier by number of countries served, has successfully executed a new Islamic finance transaction for the acquisition of an Airbus A350. The deal, denominated in Swiss Francs (CHF), was signed with Dubai Islamic Bank (DIB)—the world’s first Islamic bank and the UAE’s largest Shariah-compliant financial institution.
Aviation Capital Group (ACG) has announced the successful closing of a $750 million offering of 4.800% senior unsecured notes due October 2030. The transaction marks the company’s second note issuance of 2025 and reaffirms its ability to raise substantial capital from the debt markets amid ongoing investor confidence.
Avolon, one of the world’s leading aircraft leasing companies, has posted a strong performance for the second quarter of 2025, reporting a net income of $143 million, representing a 36% year-over-year increase. The lessor also reported lease revenue of $678 million, up 3% from the same quarter last year, and operating cash flow of $464 million, up 4%.
SIA Engineering, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has posted strong financial results for the first quarter of its 2024/2025 fiscal year, buoyed by rising global demand for aviation support services. The company reported a 33.4% increase in revenue, reaching S$358.4 million (US$265.2 million), compared to the same quarter last year.
Akasa Air, one of India’s newest and rapidly growing carriers, has reported robust financial results for the fiscal year ending March 31, 2025, highlighting its aggressive expansion and disciplined cost management. The airline announced a 49% year-on-year revenue increase, attributing the gain to strong unit profitability and a stage-adjusted RASK increase of 13%.
Pratt & Whitney, a subsidiary of RTX, reported a robust 12% year-over-year increase in Q2 2025 sales, reaching $7.6 billion, fueled by strong performance across both commercial aftermarket and original equipment (OE)segments. The aftermarket division grew 19%, while OE sales rose 15%, supported by higher volume and a favorable product mix, especially from Pratt & Whitney Canada.
Volaris, the Mexican low-cost carrier, has reported a $63 million net loss for the second quarter of 2025, a sharp reversal from the $10 million profit it recorded in the same period last year. The loss was driven by a combination of declining unit revenues, increased operating expenses, and a slight drop in load factor.
GetJet Aviation Holdings, an integrated aviation services group based in Vilnius, Lithuania, has reported a strong net profit of €25.4 million for the 2024 fiscal year, supported by rapid expansion across key business segments including ACMI leasing, aircraft maintenance (MRO), asset management, and component trading. The group recorded total revenues of €184.3 million, confirming its status as one of the most profitable aviation service…
Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
Icelandair has reported a net profit of $13 million for the second quarter of 2025, marking a solid financial rebound supported by rising travel demand and improved operational efficiency. The airline also saw a 13% increase in quarterly revenue, reaching $463 million, compared to the same period in the previous year.
