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.
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Itasca MGA, a UK-based insurance provider, has structured a comprehensive aircraft non-payment credit insurance policy for JLPS Ireland. The policy covers three Airbus A321neos, built in 2023, which are leased to an ultra-low-cost carrier (ULCC). The financing for these aircraft was provided by the Commonwealth Bank of Australia’s Tokyo branch.
Ethiopian Airlines Group, Africa’s largest airline, has reported a minimal financial impact from the more than 50% depreciation of the Ethiopian birr in 2024. The airline attributes this resilience to its robust income from international operations, which has effectively offset the currency’s sharp decline.
Kenya Airways Plc is pushing for some operational control over Jomo Kenyatta International Airport (JKIA) as discussions unfold regarding a significant 30-year concession proposal from Adani Group, which involves a $1.85 billion investment to revamp the facility.
MTU Aero Engines, Germany’s leading aircraft engine manufacturer, has updated its financial projections, raising its 2025 revenue forecast to between $9.9 and $10.1 billion. The company also released its initial 2030 outlook, anticipating a strong trajectory for growth driven by expanding engine aftermarket services and production ramp-ups.
Aegean Airlines has announced robust financial results for 2024, showcasing a consolidated revenue increase of 5% to $1.93 billion and net income of $141.3 million, underlining sustained growth in passenger demand and robust operational management.
ACG Reports Record Financial Results For 2025, as Aviation Capital Group delivered its strongest financial performance to date, driven by portfolio expansion, strong leasing demand, and insurance recoveries linked to prior Russia-related exposures. The California-based aircraft lessor reported significant growth across earnings, assets, and fleet investment during the year ended December 31, 2025.
