Avolon Reports 79% Increase in Net Income for 2024
Avolon, a leading global aircraft lessor, has reported strong financial results for 2024, highlighting significant growth in revenue and profitability.
Jazeera Airways Reports Significant Profit Increase in 2024
Jazeera Airways, Kuwait’s leading low-cost carrier, has reported a substantial increase in its financial performance for the year 2024. The airline achieved a net profit of US$33.1 million, marking a 66.2% rise compared to the previous year. Operating revenue also saw an uptick, growing by 5.3% to reach US$677.7 million.
Aeroflot Reports Financial Performance for 2024
Aeroflot Group, Russia’s largest airline conglomerate, has released its financial results for the year 2024. The company reported a net loss of $299.2 million for the year, despite achieving a 43.3% increase in revenue, totaling $7.2 billion.
SkyWest Reports Strong Financial Performance In Q4 And Fiscal Year 2024
SkyWest, a leading regional airline in the United States, announced its financial results for the fourth quarter and fiscal year 2024, highlighting significant growth and profitability.
LATAM Airlines Group Reports Strong Financial Performance in 2024
LATAM Airlines Group, based in Chile, has announced its financial results for fiscal year 2024, reporting a 10.6% increase in total revenues, reaching $13.0 billion. The company also achieved a 67.9% rise in net income, totaling $977 million, and ended the year with liquidity of $3.5 billion.
Ryanair Reports $156 Million 3Q Profit as Revenue Rises 10%
Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 3Q profit after tax of $156 million, driven by a 10% increase in revenue to $3.1 billion. The strong performance underscores Ryanair’s resilience amid evolving market conditions in the aviation industry.
China Southern Projects Financial Loss for 2024
China Southern Airlines, one of China’s largest carriers, has announced its financial forecast for 2024, projecting a net loss attributable to shareholders estimated between $170.8 million and $255.6 million. This anticipated loss underscores the challenges the airline continues to face amidst a recovering but volatile aviation market.
American Airlines Reports $54.2 Billion Revenue in 2024
American Airlines Group, one of the largest carriers in the United States, has reported robust financial performance for 2024, with total revenue reaching $54.2 billion and a net income of $846 million. The company ended the year with $10.3 billion in total available liquidity, highlighting its strong financial position.
Alaska Air Group Reports 13% Revenue Growth in 2024
Alaska Air Group, a leading U.S. airline group, has announced impressive financial results for 2024, showcasing strong growth across key metrics. The company reported a 13% increase in total revenue, reaching $11.7 billion, and achieved a net income of $395 million for the year.
United Airlines Reports Strong Financial Growth in 2024
United Airlines, a major US-based carrier, has announced impressive financial results for the fourth quarter of 2024 and the full fiscal year. The airline reported a 7.8% increase in total operating revenue for Q4, reaching $14.7 billion, while achieving a net income of $1.0 billion for the quarter.