Finnair reported a second-quarter (Q2) 2025 operating profit of $22.3 million, driven by a 2.8% year-on-year increase in revenue, which reached $917.4 million. Despite this positive quarter, the airline’s half-year (H1) financial result remained in the red, with an operating loss of $39.8 million and a total H1 revenue of $1.7 billion, reflecting a 2.4% rise compared to the same period…
China Eastern has issued a financial forecast anticipating a net loss between $167 million and $223 million for the first half of 2025. This projection underscores ongoing challenges faced by the airline as it works to stabilize operations and finances in the post-pandemic era, amid complex market dynamics and shifting passenger demand.
Vertical Aerospace, the UK-based advanced air mobility company, has announced the successful closing of its previously disclosed underwritten public offering, generating US$60 million in gross proceeds. The capital raise is intended to advance the development of its electric vertical takeoff and landing (eVTOL) aircraft program and support the company’s general corporate needs.
Iberia, the flag carrier of Spain, has announced an ambitious strategic plan aimed at increasing its operating profit to US$1.6 billion over the coming years. This represents a 40% improvement compared to its 2023 financial performance. The initiative is supported by a planned US$7 billion investment, which will be deployed across fleet, infrastructure, technology, and customer experience enhancements.
China Southern Airlines has issued a forecast anticipating a net loss ranging from US$187 million to US$245 millionfor the first half of 2025. The announcement signals a challenging start to the year for one of China’s largest carriers, as lingering structural issues and macroeconomic headwinds continue to impact profitability.
Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.
Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
Azul, one of Brazil’s leading airlines, has formally appointed SkyWorks Capital, a U.S.-based financial advisory firm, to serve as its Fleet Restructuring Financial Advisor during the carrier’s ongoing Chapter 11 bankruptcy proceedings. This strategic engagement signals Azul’s intent to restructure its fleet obligations in a way that supports long-term operational sustainability and cost reduction.
Ryanair, Europe’s largest low-cost airline, has called on Austria to abolish its passenger tax and reduce airport charges, threatening to reduce or eliminate flight services if its demands are not met. In exchange, the airline has proposed a substantial investment: to base 10 Boeing 737 MAX 8200 aircraft in the country, a move that would significantly expand its Austrian operations.
Azores Airlines, the regional flag carrier of Portugal’s Azores archipelago, may be forced to declare insolvency if its ongoing privatization process does not succeed, according to Duarte Freitas, a senior official from the Regional Government of the Azores. The financial exposure in such a case could exceed US$350 million, placing substantial pressure on regional and national stakeholders.
