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Asia Aviation Reports 4Q2024 Net Profit Decline Amid Revenue Growth

Asia Aviation Public Company Limited (AAV), the sole shareholder of Thai AirAsia (TAA), has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company experienced a notable decline in net profit during the fourth quarter, contrasting with significant profit growth over the entire year.

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LATAM Airlines Group Reports Strong Financial Performance in 2024

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.

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EVA Air October 2024 Traffic Performance Update

EVA Air, Taiwan’s prominent international carrier, has released its October 2024 traffic results, showcasing a mixed performance. Passenger numbers rose by 2.6% year-over-year to 1.0 million, reflecting steady demand. However, the airline reported a 3.7% decline in revenue passenger kilometers (RPKs), signaling reduced distance traveled by paying customers.