GetJet Aviation Holdings, an international aviation services group headquartered in Vilnius, Lithuania, has announced robust financial results for the fiscal year 2024, recording a net profit of €25.4 million. The group’s total revenues reached €184.3 million, underlining its strong performance and strategic diversification in the highly competitive ACMI and aircraft maintenance (MRO) sectors.
Aurigny, the flag carrier of Guernsey, has reported a net loss of $8.7 million for the year 2024, attributing the deficit largely to increased wet lease expenses and continuing global supply chain issues. These financial headwinds have posed significant operational challenges for the regional airline, which serves routes between the Channel Islands and the UK mainland.
Cargolux, the Luxembourg-based all-cargo airline, reported a strong financial performance for 2024, with revenues climbing 12.9% year-on-year to $3.3 billion. More notably, the airline achieved a 56.6% increase in net profit, reaching $448 million, underscoring the carrier’s successful adaptation to a post-pandemic global cargo market.
