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.
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, 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.
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…
Viva (Mexico) reported a strong performance in December 2024, with passenger numbers rising 13.5% to 2.5 millioncompared to the same period last year. The airline also recorded a 10.8% increase in Available Seat Miles (ASMs), reflecting its growing capacity to meet travel demand.
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.
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%.
China Southern Airlines has announced strong passenger performance for November 2024, reporting a 9.6% increasein total passengers to 12.8 million compared to the same month in 2023. The airline’s Passenger Load Factor (PLF) also showed significant improvement, rising by 5.9 points to 84.8%, reflecting enhanced operational efficiency and robust demand.
China Eastern Airlines has reported strong passenger growth for November 2024, with total passengers rising 13.9%year-over-year to 11.2 million. This marks a significant improvement in the airline’s performance, reflecting growing demand for air travel and continued recovery in the aviation sector.
Turkish Airlines achieved significant growth in November 2024, recording an 8.3% increase in passengers compared to the same period last year. The airline transported a total of 6.5 million passengers during the month, reflecting its robust operational capacity and demand recovery in the aviation sector.
