Air China, one of the leading carriers in mainland China, reported a first-quarter net loss of US$281 million, reflecting continued financial pressures across the Chinese aviation market. The airline’s total revenues for Q1 2025 held steady at US$5.4 billion, showing no significant growth compared to the same period last year.
KLM Cargo has taken delivery of a Boeing 747-400ERF, manufacturer serial number (MSN) 33695, operated by Martinair, a subsidiary of the KLM Group. The aircraft is powered by CF6-80C2B5F engines and is expected to reinforce the airline’s long-haul cargo capacity across major trade routes.
Garuda Indonesia has expanded its widebody fleet with the wet lease of two Airbus A330-300 aircraft, manufacturer serial numbers (MSNs) 1619 and 692, from Thai AirAsia X. Both aircraft are powered by Rolls-Royce Trent 772B-60 engines and are expected to support medium- to long-haul operations across the airline’s international network.
EgyptAir has expanded its long-haul capabilities with the delivery of one Airbus A330-200, manufacturer serial number (MSN) 874, through a lease agreement. The aircraft is powered by Pratt & Whitney PW4168A engines, offering proven performance for medium- and long-haul operations.
Air Sierra Leone has taken delivery of a Boeing 737-8, manufacturer serial number (MSN) 44863, through a wet lease agreement with Ascend Airways of the United Kingdom. The aircraft is powered by LEAP-1B27 engines, offering improved fuel efficiency and reduced emissions compared to previous-generation models.
Air Serbia has announced plans to retire two Airbus A319 aircraft from its fleet following the summer 2025 travel season, as part of an ongoing fleet modernization initiative. The aircraft will be replaced by a mix of Embraer E195s and Airbus A320s, allowing the airline to optimize both capacity and operational efficiency.
Air China Cargo has expanded its freighter fleet with the delivery of one Airbus A330-200P2F, manufacturer serial number (MSN) 890, powered by Trent 772C-60 engines. The aircraft marks a continued commitment to fleet modernization and growth in the cargo segment.
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.
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.
