FTAI Aviation Ltd. has reported a strong financial performance for the third quarter of 2024, highlighting significant revenue growth and operational achievements. The company declared a quarterly dividend of $0.30 per common share, underscoring its commitment to delivering shareholder value.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Airfinance Global has officially merged with fellow UK-based aviation finance intelligence firm Ishka in a significant industry consolidation move. The merger is supported by Foundation Investment Partners, a private equity group that specializes in business services and data-driven enterprises. This merger signals a strategic shift in the competitive landscape of aviation finance analytics and consulting.
Luxair, the national airline of Luxembourg, reported a net group profit of $153 million for 2024, demonstrating strong operational performance in a competitive regional aviation landscape. The year’s overall revenue slightly declined to $801 million, yet the airline maintained profitability through careful cost control and stable passenger demand.
AerCap Holdings (Ireland) has announced lease agreements for two Boeing B737-800 aircraft, further solidifying its presence in the aviation leasing market. The leased aircraft will be operated by Mukamalah Aviation Company (Saudi Arabia) under the brand name Aloula Aviation.
Virgin Australia has officially marked its return to the Australian Securities Exchange (ASX) following a successful initial public offering (IPO) that raised $439 million, signaling a major step in the airline’s post-restructuring comeback. This IPO marks the airline’s second listing after its 2020 voluntary administration and subsequent ownership change under Bain Capital.
Aerolíneas Argentinas has reported a loss of $326 million during the first quarter of 2024, despite achieving a total income of $1.64 billion. The financial results highlight the challenges the airline continues to face in a volatile global aviation market.
Triumph Group, a major aerospace supplier based in the United States, has announced a delay in the issuance of its Q2 fiscal 2025 results. The delay follows a recent favorable settlement with Boeing Commercial Airplanes, related specifically to pricing adjustments on its Interiors contracts. This settlement marks a significant outcome for Triumph Group, potentially impacting…
