Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.
Luxair, the national airline of Luxembourg, reported a net group profit of $153 million for 2024, demonstrating strong operational performance in a competitive regional aviation landscape. The year’s overall revenue slightly declined to $801 million, yet the airline maintained profitability through careful cost control and stable passenger demand.
El Al, the national carrier of Israel, has announced its first quarter 2025 financial results, posting a net profit of $96 million, representing a 19% increase compared to the same period in the previous year. The growth was supported by a 5% rise in revenue, which reached $774 million for the quarter.
Qatar Airways Group has reported a robust 28% increase in net profit, reaching $2.15 billion for the fiscal year 2024/25, bolstered by a solid uptick in total revenue, which climbed to $23.9 billion. The figures mark a strong financial performance, affirming the airline group’s resilience and strategic positioning in the global aviation market.
Skymark Airlines, one of Japan’s prominent domestic carriers, has reported its financial results for the fiscal year ending March 2025. The airline posted a net profit of $14.6 million, reflecting a 28.4% decrease compared to the previous year, even as total revenue increased by 4.6% to $742 million.
SIA Group, the parent company of Singapore Airlines, has announced strong financial results for the fiscal year 2024/25. The group achieved a net profit of $2.1 billion, a 3.9% increase year-on-year, largely driven by a one-off, non-cash accounting gain of $846 million arising from the merger of Air India and Vistara. Total revenue climbed 2.8% to $15 billion, while cash and bank balances…
Jeju Air, South Korea’s largest low-cost carrier, has announced a significant downturn in its financial results for the first quarter of 2025. The airline posted a net loss of $17 million, coupled with a 32% decline in revenue year-on-year, bringing total revenue to $259.7 million.
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…
Asia Aviation, the parent company of Thai low-cost carrier Thai AirAsia, has released its financial results for the first quarter of 2025, revealing a net profit of $41.7 million. This positive outcome was achieved despite a 4% year-over-year drop in revenue, which totaled $397 million. The airline’s financial position remains solid, with cash and cash equivalents amounting to $43.1…
ANA Holdings, the parent company of All Nippon Airways, has reported a strong financial performance for fiscal year 2024, which ended on March 31, 2025. The Japanese aviation group recorded operating revenue of $15.6 billion, marking a strong recovery and growth compared to previous years impacted by the COVID-19 pandemic.
