Aeroflot Group has posted a robust financial performance for the first quarter of 2025, with revenues climbing 9.6% year-on-year to reach $2.4 billion. This growth reflects a rebound in international travel, higher load factors, and increasing passenger numbers across its domestic and global networks.
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.
Grupo Viva Aerobus, the Mexican low-cost carrier, has reported a difficult first quarter for 2025 with total operating revenues down 20.7% to $491 million, accompanied by a net loss of $42 million. Despite the downturn, the airline maintains a strong cash and cash equivalents position of $780 million, which provides a cushion for near-term operations.
Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.
TAP Air Portugal has announced its financial results for 2024, highlighting a net income of $58.0 million. This performance marks a stable year for the airline, with a modest increase in operating revenues of 0.7%, totaling $4.5 billion.
Nordstar Airlines, based in Russia, has reported a substantial increase in its financial performance for 2024, with net profit rising by 2.2 times to $43.5 million. This significant growth in profitability is on the back of a revenue increase of 12.3% year-over-year, totaling $245.4 million.
Spirit Airlines (US) has reported a net loss of $138.3 million for January 2025, reflecting ongoing financial challenges and operational pressures. Despite the loss, the airline generated $347.4 million in gross income during the month and began with a cash balance of $1.14 billion, providing financial flexibility to navigate market conditions.
Cathay Group (Hong Kong) has announced strong financial results for 2024, reporting an attributable profit of $1.2 billion, driven by a 10.5% year-on-year increase in revenue to $13.4 billion. The group also ended the year with an available unrestricted liquidity balance of $2.4 billion, reflecting improved financial stability and operational resilience.
Brussels Airlines, the national carrier of Belgium, has reported a record adjusted EBIT of €59 million for 2024, marking an 11% increase from the previous year. This achievement comes despite stable revenue, which remained at €1.54 billion.
