Volaris, the Mexican low-cost carrier, has reported a $63 million net loss for the second quarter of 2025, a sharp reversal from the $10 million profit it recorded in the same period last year. The loss was driven by a combination of declining unit revenues, increased operating expenses, and a slight drop in load factor.
China Eastern has issued a financial forecast anticipating a net loss between $167 million and $223 million for the first half of 2025. This projection underscores ongoing challenges faced by the airline as it works to stabilize operations and finances in the post-pandemic era, amid complex market dynamics and shifting passenger demand.
China Southern Airlines has issued a forecast anticipating a net loss ranging from US$187 million to US$245 millionfor the first half of 2025. The announcement signals a challenging start to the year for one of China’s largest carriers, as lingering structural issues and macroeconomic headwinds continue to impact profitability.
Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
Regional Plus Wings, the Japanese holding company overseeing regional carriers Air Do and Solaseed Air, reported a net loss of $3.6 million for the fiscal year ending March 2025. The group also posted a 3.7% increase in operating revenue, reaching $728.2 million, indicating ongoing recovery but continued cost pressures.
TAP, the national airline of Portugal, reported a net loss of $122.6 million for the first quarter of 2025, underlining persistent financial challenges despite an improving global aviation environment. The carrier’s operating revenue fell 4.5% year-over-year, totaling $933.6 million, suggesting a drop in travel demand or yield compression on its primary routes.
UAC (United Aircraft Corporation) of Russia has reported a net loss of $36.7 million for the first quarter of 2025, a more than threefold increase compared to the same period last year. The sharp downturn coincided with a 42% decline in quarterly revenue, which fell to $215.3 million.
Norse Atlantic, a long-haul low-cost carrier based in Norway, reported a net loss of $14.9 million for the first quarter of 2025, with revenue reaching $125.3 million. The results reflect seasonal demand fluctuations and continued cost pressures impacting transatlantic operations.
Mesa Air Group, a U.S.-based regional airline operator, announced a net loss of $58.6 million for the second quarter of fiscal 2025, alongside a 28.0% decrease in total operating revenues, which fell to $94.7 million. The sharp decline reflects ongoing challenges in regional aviation markets and reduced block hours with major partners.
Mesa Air Group, a regional U.S. carrier, has reported a net loss of $24.9 million for its fourth fiscal quarter and a net loss of $91.0 million for the full fiscal year 2024. The airline’s total operating revenue for the year declined by 4.3%, falling to $476.4 million. As of the end of the reporting period, Mesa reported $15.6 million in unrestricted cash and cash equivalents, reflecting…
