Spirit Airlines (US) has reported a net profit of $83.1 million for the first quarter of 2025, with total revenue reaching $1 billion. The airline ended the period with $758.1 million in cash and cash equivalents, reflecting a stable liquidity position.
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Cargojet (Canada) reported a strong financial performance for 4Q 2024, with total revenue rising 32.1% to $206.7 million and net earnings reaching $50.2 million. The company’s full-year 2024 revenue grew 14.1% to $705 million, with net earnings of $108.4 million and net cash reserves of $231.7 million.
Russian airlines have significantly reduced their exposure to foreign risks by ending the practice of double registration for 360 aircraft in their fleets. This strategic move addresses regulatory and operational uncertainties tied to the dual registration of aircraft, particularly those registered in foreign jurisdictions.
Ewa Air, based in Mayotte, has announced the appointment of Drissa Samake as its new Chief Executive Officer (CEO). The leadership change comes as the airline prepares to close the 2024-25 fiscal year with a slight deficit, reflecting ongoing financial challenges in the regional aviation market.
LATAM Brasil has taken delivery of a leased Airbus A320neo, serial 8688, featuring Pratt & Whitney PW1127G‑JMengines. This delivery strengthens the airline’s narrow-body fleet, enhancing its capacity and efficiency in domestic and regional operations.
United Airlines, one of the largest carriers in the United States, has expanded its fleet with the delivery of a new Airbus A321neo, serial number 11706. This state-of-the-art aircraft is equipped with PW1133G-JM engines, offering enhanced efficiency and reduced environmental impact.
AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
