Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.
Please SUBSCRIBE to view the full content.
First month of membership is free!
airBaltic (Latvia) is evaluating a potential initial public offering (IPO) on the London Stock Exchange (LSE) as soon as the second quarter of 2025, with the goal of raising up to $328 million. While the airline has expressed interest in the listing, no final decision has been made regarding the timing or structure of the offering.
Air Astana Group, the national airline of Kazakhstan, has confirmed that the delivery of its first Boeing 787-9 has been pushed to the second half of 2026, marking a delay from the previously expected timeline. The move comes amid broader adjustments to fleet schedules as the carrier aligns its long-haul strategy with updated operational forecasts and capacity planning.
Cathay Pacific, Hong Kong’s flagship carrier, is set to initiate negotiations with aircraft manufacturers to expand its long-haul fleet in anticipation of up to ten years of growth. The airline’s expansion plans include the acquisition of Boeing B787 and B777-9 aircraft, aligning with Cathay Pacific’s strategy to support increased passenger demand and maintain competitive services on long-haul routes.
Nordic Aviation Capital (NAC), a leading lessor based in Ireland, has completed the sale of an ATR42-500 airframe to DAT (Danish Air Transport), a regional airline based in Denmark. This transaction highlights NAC’s ongoing efforts to optimize its portfolio while supporting operators in enhancing their regional capabilities.
Batik Air Malaysia has announced plans to commence nonstop service between Kota Kinabalu (BKI) and Seoul Incheon (ICN) beginning 12 September 2025. The new route will be operated using Boeing 737-800 aircraft, expanding the carrier’s footprint in Northeast Asia and enhancing connectivity between Malaysia’s Sabah region and South Korea.
Regional Express (Australia) has officially entered the sale process, as administrators work to find a buyer for the collapsed regional airline. The development comes over a week after the Australian Labor government suggested it could step in and purchase the airline should private investors fail to materialize.
