Turkish Airlines (THY) has announced a net profit of $650 million for the first half of 2025, marking a sharp decline from the $1.169 billion profit posted during the same period in 2024. The drop in profitability was primarily attributed to rising financing expenses and foreign exchange losses, which significantly impacted the bottom line.
Icelandair has reported a net profit of $13 million for the second quarter of 2025, marking a solid financial rebound supported by rising travel demand and improved operational efficiency. The airline also saw a 13% increase in quarterly revenue, reaching $463 million, compared to the same period in the previous year.
Ibom Air, a Nigerian-based airline, has reported impressive financial results for the year 2024, with revenue climbing by 43% to $62.1 million and a net profit of $4.4 million. This represents a significant milestone in the airline’s operational maturity and financial resilience, reflecting strong demand, strategic expansion, and improved cost control.
Vietnam Airlines has reported a consolidated profit exceeding $191 million for the first half of fiscal year 2025, signaling a strong operational recovery. The airline now plans a two-phase capital increase strategy aimed at reducing state ownership and reinforcing its financial base to support future growth.
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…
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…
Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.
Utair, a prominent regional airline based in Russia, recorded a net profit of US$7.7 million in the first quarter of 2025, supported by a 13.7% year-over-year revenue increase to US$209.5 million. The results highlight the airline’s operational resilience amid continued economic uncertainty.
