Spirit AeroSystems Posts 2% Revenue Increase in 3Q 2024

ByAdmin 06/11/202408/11/2024

Spirit AeroSystems, a leading U.S.-based aerospace manufacturer specializing in aerostructures, has reported a modest 2% increase in revenues for the third quarter of 2024, totaling $1.47 billion. This growth comes amid ongoing challenges in the aerospace sector, highlighting the company’s resilience and demand for its components, especially in commercial aviation. However, Spirit AeroSystems also reported a substantial net loss of $477 million, primarily attributed to increased operational costs and supply chain disruptions that continue to impact its profitability.

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Corporation | Embraer | Fleet | Partnership | Sale

Nordic Aviation Capital Sells Embraer E175 in Partnership with Executive Jet Support

ByAdmin 11/03/202513/03/2025

Nordic Aviation Capital (NAC) has successfully completed the sale of an Embraer E175 in collaboration with Executive Jet Support (UK). This transaction aligns with NAC’s ongoing strategy to optimize its portfolio, focusing on aircraft transitions and remarketing efforts to meet industry demand.

Airlines | Financial

Delta Air Lines Reports Strong Q3 2025 Results and Confirms Positive Outlook

ByAdmin 13/10/202516/10/2025

Delta Air Lines has announced robust financial results for the third quarter of 2025, marking another solid performance as the U.S. carrier continues to demonstrate resilience and operational strength. The airline reported operating revenue of $16.7 billion, operating income of $1.7 billion, and a pre-tax income of $1.8 billion, reflecting an operating margin of 10.1% and a pre-tax margin of 10.7%.

Airlines | Financial | Low Cost Carrier

easyJet Issues $5 Billion Euro Medium Term Note Program

ByAdmin 18/02/202519/02/2025

easyJet (UK) and easyJet FinCo (Netherlands) have issued a prospectus for a $5 billion Euro Medium Term Note (EMTN) Program, reinforcing their strategic financing initiatives to support future growth, fleet investments, and operational resilience.

Airlines | AOC | Corporation | Crisis

Fly Gangwon Exits Judicial Oversight, Rebrands as Parata Air Under New Ownership

ByAdmin 21/10/202422/10/2024

Fly Gangwon, a low-cost carrier based in Yangyang, Korea, has officially exited its judicial rehabilitation process after 16 months of financial restructuring.

Airlines | Corporation | Management

AP Holdings Calls Board Meeting to Strengthen Management Rights in Air Premia

ByAdmin 04/11/202406/11/2024

AP Holdings, a major shareholder of South Korean airline Air Premia, has announced a board meeting with the objective of solidifying its management rights within the airline. This move underscores AP Holdings’ intent to exercise greater influence over Air Premia’s strategic direction and operational management as the airline seeks to expand its presence in the…

Airlines | Financial | Low Cost Carrier

Spirit Airlines Reports $1.22 Billion Net Loss for 2024 as Revenue Declines

ByAdmin 05/03/202505/03/2025

Spirit Airlines (US) has announced a $1.22 billion net loss for 2024, with operating revenue declining by 8.4% to $4.91 billion. The low-cost carrier continues to face financial headwinds, including weaker demand, operational disruptions, and fleet challenges. Key Financial Performance Metrics Factors Contributing to the Loss Spirit Airlines’ financial struggles stem from multiple challenges, including: Strategic Response and Future Outlook…

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