Israir has disclosed its financial results for 2024, showcasing a significant improvement in both revenue and profitability. The Israeli carrier’s revenue soared by 16.2% to reach US$453 million, a testament to its growing influence and expanding operations in the aviation market.
Virgin Atlantic, the UK-based international airline, has released its financial results for 2024, showcasing a year of profitability and financial health. The airline reported total revenues of US$4.2 billion and a Profit Before Tax and Exceptional Items of $25.8 million.
GOL Airlines, a major Brazilian carrier, has reported its financial results for the year 2024, showing a mixed financial performance with a slight increase in total net revenue and a substantial net loss. The airline’s total net revenue for the year was up by 1.9%, reaching US$3.3 billion, while the net loss for the year stood at $1.0…
China Southern Airlines, one of the largest carriers in Asia, has disclosed its financial results for 2024, highlighting a net loss of US$244 million. Despite the loss, the airline saw a notable increase in revenue, which grew by 8.9% to $23.9 billion.
AirAsia Indonesia, a major player in the Southeast Asian airline market, has announced its financial results for the year 2024, reporting a net loss of US$92 million. Despite this setback, the airline saw a considerable increase in revenue, which rose by 19.9% to $476 million.
Air China, one of the leading airlines in Asia, has disclosed its financial results for 2024, revealing a slight net loss of US$3.2 million. Despite the loss, the airline recorded a substantial increase in revenue, which surged by 17.2% to reach $23.9 billion.
China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.
BOC Aviation (Singapore) has announced its 2024 financial results, reporting total revenues and other income of $2.6 billion, reflecting a 4% year-on-year increase. The company’s net profit after tax surged 20.9% to $924 million, demonstrating strong financial performance and leasing demand. Additionally, BOC Aviation maintained a robust liquidity position of $6.5 billion, reinforcing its financial stability and investment capacity.
airBaltic (Latvia) has announced its financial results for 2024, reporting a 12% year-on-year increase in revenue, reaching $815 million. Despite the revenue growth, the airline recorded a net loss of $128.5 million, highlighting ongoing operational and financial pressures.
StandardAero (US) has announced its 2024 financial results, reporting $5.2 billion in total revenue, marking a 14.8% year-on-year increase. The company’s Q4 2024 revenue surged by 21.8% to $1.4 billion, reflecting strong growth in its maintenance, repair, and overhaul (MRO) business. Despite the revenue gains, StandardAero posted a Q4 net loss of $14.1 million, attributed to operational costs and investment adjustments, while for…
