Crestone To Acquire Arena Aviation Capital as Crestone Air Partners announced a definitive agreement to acquire Arena Aviation Capital, significantly expanding its aircraft asset management platform and strengthening its global aviation investment capabilities.
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Air China reported its financial results for the third quarter of 2024, noting a 6% year-over-year increase in revenue, totaling $6.8 billion. This growth was driven by steady demand for both domestic and international flights, as well as strategic capacity adjustments to optimize load factors across its extensive route network. Despite this increase in revenue,…
Aviation Capital Group (ACG), a leading global full-service aircraft asset manager, reported a strong third quarter and nine-month performance for 2025, underscoring its solid financial position and strategic growth trajectory. The company’s results reflect higher asset utilization, disciplined capital deployment, and improved operating efficiency despite a challenging global leasing environment.
Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.
Jazeera Airways, Kuwait’s leading low-cost airline, reported a strong financial performance for the third quarter of 2024, with a 66.1% increase in net profit, reaching $37.8 million. The airline’s Group operating revenue also grew by 5.7% year-over-year, totaling $211 million. This substantial profit growth underscores Jazeera Airways’ successful strategies in managing operational efficiency and capitalizing…
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.
Air India Faces Heavy Losses After 787 Crash, marking a major setback in the flag carrier’s turnaround efforts following a turbulent year shaped by a fatal accident, regulatory scrutiny, and mounting operational challenges.
