Air China, one of the leading carriers in mainland China, reported a first-quarter net loss of US$281 million, reflecting continued financial pressures across the Chinese aviation market. The airline’s total revenues for Q1 2025 held steady at US$5.4 billion, showing no significant growth compared to the same period last year.
Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 3Q profit after tax of $156 million, driven by a 10% increase in revenue to $3.1 billion. The strong performance underscores Ryanair’s resilience amid evolving market conditions in the aviation industry.
IATA has released its November 2024 global air traffic report, showcasing an 8.1% year-over-year increase in Revenue Passenger Kilometers (RPKs). This reflects a steady recovery in global air travel demand.
Vietnam Airlines has announced plans to wet lease three additional A320 aircraft to meet the surge in passenger demand during the 2025 Lunar New Year period, which runs from 13 January to 12 February 2025. This strategic move ensures the airline can maintain seamless operations and provide sufficient capacity for travelers during one of the busiest times of the year.
Copa Holdings, the parent company of Copa Airlines, has reported its October 2024 traffic results, showing positive growth in Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs). ASMs saw an increase of 6.6%, while RPMs rose by 6.5% compared to the same period last year. However, the load factor (LF), which indicates how full flights are on average, experienced a slight decline…
Korean Air reported its 3Q 2024 financial results, showcasing a notable increase in revenue despite a decline in net profit. The airline’s revenue grew by 9.8% year-over-year, reaching $3.0 billion. However, net profit took a downturn, decreasing by 34.8% to $200.7 million, a reflection of various market and operational challenges.
JAL Group (Japan Airlines) has reported its financial performance for the second quarter of the fiscal year ending March 2025, showcasing a robust 10% increase in revenue despite a decline in net profit. The group’s revenue rose to approximately $5.9 billion, reflecting continued recovery and demand in the aviation sector.
