Jet2 has released its financial results for the fiscal year ended 31 March 2025, showing robust growth with a 15% increase in revenue to $9.7 billion. The airline also posted a 12% year-over-year rise in profit after taxation, reaching $607.7 million, solidifying its position among the most successful UK-based leisure carriers.
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
Wizz Air Holdings, the Hungarian low-cost airline, reported mixed financial results for the third quarter of 2024, with a 0.5% increase in total revenue to $3.0 billion. Despite this modest growth, the airline experienced a 21.3% decline in net profit, which fell to $315.2 million. The airline’s total cash holdings remain substantial at $1.85 billion, reflecting its ability to maintain liquidity even amid…
