JetBlue reported its Q3 2024 financials, highlighting steady progress under the JetForward strategy, which aims to enhance operational reliability, expand services, and optimize costs. Despite a net loss of $60 million (or $0.17 per share), JetBlue achieved $2.4 billion in revenue, marking a 0.5% year-over-year increase.
Frontier Airlines has released its quarterly earnings report, indicating notable revenue growth attributed to rising passenger numbers and operational enhancements.
Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…
Finnair has released its interim report for Q3 2024, detailing a steady financial performance amid challenging market conditions.
Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.
