LATAM Airlines Group, based in Chile, has announced its financial results for fiscal year 2024, reporting a 10.6% increase in total revenues, reaching $13.0 billion. The company also achieved a 67.9% rise in net income, totaling $977 million, and ended the year with liquidity of $3.5 billion.
Southwest Airlines (US) has announced its financial results for 2024, reporting a net income of $465 million, driven by operating revenues of $27.5 billion. The airline ended the year with $9.7 billion in liquidity, reinforcing its strong financial position despite ongoing industry challenges.
American Airlines Group, one of the largest carriers in the United States, has reported robust financial performance for 2024, with total revenue reaching $54.2 billion and a net income of $846 million. The company ended the year with $10.3 billion in total available liquidity, highlighting its strong financial position.
Alaska Air Group, a leading U.S. airline group, has announced impressive financial results for 2024, showcasing strong growth across key metrics. The company reported a 13% increase in total revenue, reaching $11.7 billion, and achieved a net income of $395 million for the year.
Delta Air Lines (US) has announced robust financial results for the fourth quarter of 2024 and the full year. In 4Q 2024, the airline achieved an operating revenue of $15.6 billion, a 5.7% increase compared to the same period in the previous year. Delta’s net income for the quarter was $843 million, reflecting its strong operational performance.
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.
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.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
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…
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
