International Airlines Group (IAG) has announced the launch of the first tranche of its $1 billion share buyback program, starting with an initial $522 million repurchase. This move follows IAG’s strong financial performance and demonstrates the group’s confidence in its profitability and long-term growth strategy.
Vietnam Airlines, the national flag carrier of Vietnam, has announced its financial projections for 2025, anticipating a 14% increase in revenues, exceeding $3.7 billion, and a pre-tax profit of $85.3 million. This forecast comes on the heels of a remarkable turnaround in 2024, where the airline reported a record pre-tax profit of 7.32 trillion VND (approximately $287.7 million), effectively ending a…
Aeroflot Group, Russia’s largest airline conglomerate, has released its financial results for the year 2024. The company reported a net loss of $299.2 million for the year, despite achieving a 43.3% increase in revenue, totaling $7.2 billion.
SkyWest, a leading regional airline in the United States, announced its financial results for the fourth quarter and fiscal year 2024, highlighting significant growth and profitability.
Etihad Airways, based in the United Arab Emirates, has reported a substantial profit of $368 million for the first nine months of 2024. This achievement came on the back of a 21% increase in revenue, totaling $5 billion. This strong financial performance underscores Etihad’s ongoing efforts to boost profitability and expand its market presence amid a global resurgence in air…
airBaltic, the Latvian national airline, has reported a net profit of $42.7 million for the third quarter of 2024, an impressive result supported by an 8% increase in revenue to $250 million. This growth in revenue highlights the airline’s successful strategies in optimizing operational efficiency and expanding its network within Europe. With strong results in Q3, airBaltic now anticipates full-year…
