SpiceJet, one of India’s prominent budget airlines, has announced a significant financial turnaround in its fourth quarter of fiscal year 2025, recording a profit after tax of $37.8 million. This figure marks a 173% increase compared to the previous period, underscoring a robust recovery in profitability despite declining revenues.
easyJet, the UK-based low-cost carrier, has reported a headline loss before tax of $528.9 million for the first half of its fiscal year ending 31 March 2025. Despite the loss, group revenue rose 8% year-on-year to $4.7 billion, indicating ongoing recovery in passenger demand and network expansion.
AirAsia Indonesia, a major player in the Southeast Asian airline market, has announced its financial results for the year 2024, reporting a net loss of US$92 million. Despite this setback, the airline saw a considerable increase in revenue, which rose by 19.9% to $476 million.
Ryanair (Ireland) has revealed its summer 2025 schedule for Abruzzo, highlighting ambitious growth with a 30% increase in capacity. The expansion includes five new routes to Wroclaw, Cagliari, Milan Malpensa, Kaunas, and Valencia. Additionally, an extra based aircraft will support the airline’s enhanced operations. These new connections are part of Ryanair’s strategy to further solidify its presence in the Italian market while offering more travel options to…
Ryanair Holdings, Ireland’s leading low-cost airline group, reported a significant increase in passenger traffic for October 2024, reaching 18.3 million passengers, a 7% rise compared to the same month in the previous year. Despite the higher volume, Ryanair maintained a stable load factor (LF) of 93%, showcasing its effective capacity management amid rising demand.
