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airBaltic Reports 12% Revenue Growth to $815 Million in 2024 Despite Losses

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.

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Aeroflot Group Reports $618 Million Net Profit in 2024 on $9.6 Billion Revenue

Aeroflot Group (Russia) has announced a net profit of $618 million for the 2024 financial year, with total revenue reaching $9.6 billion. The results highlight Aeroflot’s strong financial rebound, driven by revenue growth, fleet optimization, and sustained passenger demand.

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SpiceJet Reports $2.9 Million Net Profit in Fiscal Q3 as Revenue Surges 35%

SpiceJet, one of India’s leading low-cost carriers, has reported a net profit of $2.9 million for fiscal Q3 ending December 31, 2024, marking a significant turnaround in its financial performance. The airline saw total revenue surge 35% year-over-year to $188.7 million, reflecting improved operational efficiency and demand recovery.

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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.

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Singapore Airlines December Traffic Rises 9.6%

Singapore Airlines has reported impressive traffic figures for December 2024, reflecting a strong demand for air travel. The airline’s Available Seat Kilometers (ASKs) rose by 9.2%, while Revenue Passenger Kilometers (RPKs) increased by 8.7%. Passenger numbers reached 2.4 million, marking a 9.6% year-over-year growth. Despite the overall growth, the Passenger Load Factor (PLF) experienced a marginal decline, dropping 0.3 percentage points to 88.4%. This slight dip is attributed to…

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Delta Air Lines Reports Strong 4Q and 2024 Financial Results

Delta Air Lines (US) has announced robust financial results for the fourth quarter of 2024 and the full year. In 4Q 2024, the airline achieved an operating revenue of $15.6 billion, a 5.7% increase compared to the same period in the previous year. Delta’s net income for the quarter was $843 million, reflecting its strong operational performance.

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Finnair Reports 5.6% Passenger Growth for December 2024

Finnair (Finland) reported a 5.6% increase in passenger numbers for December 2024, transporting a total of 927,000 passengers. The airline also saw its Revenue Passenger Kilometers (RPKs) rise by 6.7%, while Available Seat Kilometers (ASKs) decreased by 2.2%. Notably, the Passenger Load Factor (PLF) improved by 6.5 points, reaching 77.4%.