Chorus Aviation 3Q 2024 Net Income Rises by 7.4% to $13.2M

ByAdmin 08/11/202412/11/2024

Chorus Aviation, based in Canada, reported a 7.4% increase in net income for the third quarter of 2024, reaching $13.2 million. Despite this gain, the company experienced a 9.5% decrease in operating revenue, which fell to $246.4 million. These mixed results reflect ongoing adjustments in the aviation sector and Chorus Aviation’s efforts to maintain profitability.

Please SUBSCRIBE to view the full content.
First month of membership is free!

Airlines | Financial

Parata Air Begins Repayment of Financial Support to Yangyang County Under Fly Gangwon Rehabilitation Plan

ByAdmin 04/03/202505/03/2025

Parata Air (South Korea) has commenced its repayment process to Yangyang County, issuing an initial $68,700 payment as part of a $1.3 million financial support settlement. The repayment is part of a court-approved rehabilitation plan following the financial restructuring of Fly Gangwon.

Airlines | Financial

Austrian Airlines Increases Adjusted EBIT by 8%, Driven by Revenue Growth

ByAdmin 29/10/202431/10/2024

Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.

Airlines | Financial | Governments

Portugal to Start Repayment of €3.8M Debt to Sevenair in Coming Weeks

ByAdmin 29/10/202431/10/2024

Portugal’s Ministry of Infrastructure has announced it will begin settling its outstanding €3.8 million debt to Sevenair, the airline that operated the Bragança-Portimão route, over the coming weeks.

Aircraft | Boeing | Corporation | Financial | Manufacturers

Boeing Delivers 45 Aircraft in January 2025, Including 40 B737 MAX

ByAdmin 13/02/202514/02/2025

Boeing has reported 45 aircraft deliveries for January 2025, making it the company’s busiest January in recent years. Among these deliveries, 40 were B737 MAX, including seven aircraft to unidentified Chinese airlines.

Corporation | Financial | Traffic

Grupo Aeromexico Reports Slight Decline in October 2024 Passenger Numbers

ByAdmin 13/11/202414/11/2024

Grupo Aeromexico has released its October 2024 operational results, showing a 0.9% decrease in passengers to 2.0 million. Despite the slight drop in passenger numbers, the airline saw growth in other key performance indicators, including an 8.9% increase in Available Seat Kilometers (ASKs) and a 9.1% rise in Revenue Passenger Kilometers (RPKs). The airline’s load factor (LF) also saw a slight improvement, up 0.1 points to 85.4% for…

Airlines | Financial | Flag Carrier

Turkish Airlines Doubles Capital Ceiling to $276M for 2025-2029

ByAdmin 19/02/202520/02/2025

Turkish Airlines has officially approved a capital ceiling increase, doubling its previous limit to $276 million for the 2025-2029 period. This decision replaces the previous ceiling, which was set to expire on December 31, 2024.

Airlines | Financial

Similar Posts