Yakovlev, a prominent Russian aircraft manufacturer, reported a net profit of US$138.4 million for the year 2024, despite withholding key financial metrics such as revenue, cost of sales, and other supporting data. The announcement provides a limited but notable glimpse into the company’s financial status amid a sensitive geopolitical and industrial climate.
Volaris reported a net loss of US$51 million for the first quarter of 2025, driven by a 12% decline in total operating revenue to US$678 million. The Mexican ultra-low-cost carrier also reported total liquidity of US$862 million, including cash, cash equivalents, and short-term investments.
United Aircraft reported a significant reduction in its net loss to US$172.4 million for the year 2024, as annual revenues climbed 13.1% to US$6.5 billion. The improved results mark a step forward in the Russian manufacturer’s post-crisis financial recovery.
Turkish Airlines reported a net loss of US$44 million for the first quarter of 2025 on revenues totaling US$4.88 billion. Despite the loss, the airline maintained a strong cash and cash equivalents position of US$2.3 billion, reinforcing its liquidity strength heading into the peak summer season.
SWISS concluded 2024 with a strong operating profit of US$828 million, supported by total annual revenues of US$6.7 billion. The fourth quarter alone contributed US$216 million in operating profit on US$1.69 billion in revenue, capping a successful financial year for the carrier.
Boeing has been officially removed from S&P’s CreditWatch negative list, as the credit rating agency cited improvements in aircraft production and reduced cash burn as key factors behind the decision. This marks a positive shift in sentiment regarding the aerospace manufacturer’s financial outlook.
PAL Holdings, the parent company of Philippine Airlines, reported a net profit of US$77 million for the first quarter of 2025, supported by a 2.5% revenue increase to US$834.2 million. The results underscore the group’s ongoing recovery momentum in the Southeast Asian aviation market.
MTU Aero Engines reported first-quarter 2025 revenues of US$2.3 billion and adjusted earnings of US$340.9 million, driven by robust performance in both the original equipment manufacturing (OEM) and maintenance, repair, and overhaul (MRO) segments.
Lufthansa Technik reported a 49.5% increase in adjusted EBIT to US$183 million during the first quarter of 2025, supported by a robust 18.4% growth in revenue to US$2.2 billion. The results reflect sustained recovery in global MRO (maintenance, repair, and overhaul) demand.
Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching US$9.2 billion, while recording an adjusted EBIT loss of US$821 million. Despite the loss, the group maintained a strong liquidity position of US$12.9 billion.
