Aircastle (US) has announced its financial results for the third quarter of 2024, covering the period ended 30 November 2024. The company reported total revenues of $194 million and a net income of $18 million, reflecting stable financial performance in a challenging market environment.
AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.
easyJet (UK) has reported robust financial results for the twelve months ending 30 September 2024, highlighting a strong recovery and growth trajectory. The airline achieved a 34% increase in profit before tax, reaching $766 million, alongside a 14% growth in group revenue, totaling $11.6 billion.
Avia Solutions Group (Ireland) has reported impressive financial results for Q3 2024, with revenues rising 25% year-over-year to $2.1 billion. The company’s net profit also saw a significant increase, climbing more than 15% to $87.3 million.
Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.
Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term…
El Al Israel Airlines has announced its financial results for Q3 2024, achieving robust growth and profitability. The airline reported a substantial increase in net profit, accompanied by a 44% rise in revenue to support its ongoing recovery and expansion efforts.
EVA Air, a leading airline based in Taiwan, has reported impressive financial results for Q3 2024, showcasing significant growth in both revenue and net income. The airline’s revenue increased by 7.3% year-over-year to reach $1.76 billion, while its net income surged by 51%, totaling $276.3 million. These results underscore EVA Air’s strong operational performance and effective cost management strategies.
Cebu Air, the Philippines’ largest airline, has reported its 9M 2024 financial results, highlighting an 11% increase in total revenue to $1.26 billion compared to the same period in the previous year. However, the airline’s net income fell by 33%, settling at $57.8 million. This mixed performance reflects both the recovery in travel demand and ongoing operational cost pressures impacting profitability.
Azul, a prominent Brazilian airline, has reported a net income of $62.4 million for the third quarter of 2024, reflecting a strong performance amidst challenging market conditions. The airline’s operating revenue saw a 4.3% increase, reaching $884 million. Azul’s financial position remains solid, with immediate liquidity reported at $416 million, ensuring operational stability and flexibility for future growth opportunities. The Q3 results underscore Azul’s ability…
