Singapore Airlines has reported a sharp 59% decline in net profit for its first fiscal quarter, citing heavy losses from its equity stake in Air India, which has recently faced multiple challenges, including a fatal crash and broader operational turbulence. Net profit dropped to $404 million from $986 million during the same period last year.
Air Canada delivered robust results for the second quarter of 2025, achieving operating revenues of $5.632 billion, a 2% increase year over year. The carrier posted operating income of $418 million and adjusted EBITDA of $909 million, translating to a 16.1% EBITDA margin.
United Airlines has announced its financial results for the second quarter of 2025, revealing a net income of US$1.0 billion and total operating revenue of US$15.2 billion, marking a 1.7% year-on-year increase. These results signal steady financial performance as the carrier continues navigating a complex global aviation environment.
easyJet has announced robust financial performance for the third quarter of its fiscal year ending 30 June 2025. The low-cost carrier reported a 21.2% year-on-year increase in headline profit before tax, totaling approximately US$2.84 billion, a significant uptick that highlights continued recovery and expansion in the post-pandemic aviation sector.
Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 16% decline in profit after tax for the fiscal year ending March 31, 2025, with net earnings dropping to $1.79 billion, even as revenues rose 4% year-on-year to $15.5 billion. The dip in profitability highlights the complex operating environment and evolving cost dynamics the airline is navigating.
Mesa Air Group, a regional airline operator based in the United States, has released its financial results for the first quarter of fiscal year 2025, reporting a significant net loss of $114.6 million. The downturn was accompanied by a 13.1% decline in total operating revenues, which amounted to $103.2 million for the quarter.
Avianca Group International, one of Latin America’s major airline groups, has announced its first quarter 2025 financial results, revealing mixed performance metrics. The company posted total operating revenues of $1.37 billion, marking an 8.9% increase compared to the same period last year, driven largely by continued recovery in passenger demand and sustained growth in cargo operations.
Azul, one of Brazil’s leading airlines, reported a robust financial performance for the first quarter of 2025. The airline posted a net income of $138 million, a significant turnaround from previous losses, fueled by a 15.3% year-on-year increase in operating revenue, which reached $957 million. Azul’s total liquidity rose to $1.1 billion, underscoring its strong financial footing heading into…
airBaltic has released its financial results for the first quarter of 2025, showing a relatively stable revenue performance alongside a notable improvement in profitability. The Latvian flag carrier posted revenues of $148.6 million, reflecting a marginal 0.3% increase compared to the same period in the previous year. Despite minimal revenue growth, the airline demonstrated considerable cost management and operational…
