Net Loss Reduction - AviaExchange.com

Financial

United Aircraft Cuts 2024 Loss, Revenue Up 13.1%

ByAdmin 30/04/202501/05/2025

United Aircraft reported a significant reduction in its net loss to US$172.4 million for the year 2024, as annual revenues climbed 13.1% to US$6.5 billion. The improved results mark a step forward in the Russian manufacturer’s post-crisis financial recovery.

Airlines | Financial

China Eastern Cuts Net Loss by Nearly 50% in 2024

ByAdmin 30/03/202501/04/2025

China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.