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Avianca Reports Q1 2025 Revenue Growth Despite Profit Decline

ByAdmin

Avianca Group International, one of Latin America’s major airline groups, has announced its first quarter 2025 financial results, revealing mixed performance metrics. The company posted total operating revenues of $1.37 billion, marking an 8.9% increase compared to the same period last year, driven largely by continued recovery in passenger demand and sustained growth in cargo operations.

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Cebu Air Reports 9M 2024 Revenue Growth Despite Profit Decline

ByAdmin

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.