DHL has announced its financial results for the second quarter of 2025, reporting revenue of €19.8 billion (approximately $23 billion). This marks a 3.9% decline compared to the same period in 2024, as the global logistics giant continues to navigate trade disruptions and geopolitical instability.
SpiceJet, one of India’s prominent budget airlines, has announced a significant financial turnaround in its fourth quarter of fiscal year 2025, recording a profit after tax of $37.8 million. This figure marks a 173% increase compared to the previous period, underscoring a robust recovery in profitability despite declining revenues.
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.
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.
Jeju Air, South Korea’s largest low-cost carrier, has announced a significant downturn in its financial results for the first quarter of 2025. The airline posted a net loss of $17 million, coupled with a 32% decline in revenue year-on-year, bringing total revenue to $259.7 million.
PLAY Airlines, the Iceland-based low-cost carrier, has reported a net loss of US$26.8 million for the first quarter of 2025, as operating revenues declined 8%, totaling US$46.4 million. The carrier ended the quarter with a cash position of US$21.1 million, reflecting tighter financial conditions amidst softer demand.
China Southern Airlines, one of China’s largest carriers, has disclosed a net loss of US$103 million for the first quarter of 2025, as its total revenues fell 2.7% to US$5.9 billion. The results point to a challenging operating environment for Chinese airlines, with lingering cost pressures and fragile demand recovery.
Volaris reported a net loss of US$51 million for the first quarter of 2025, driven by a 12% decline in total operating revenue to US$678 million. The Mexican ultra-low-cost carrier also reported total liquidity of US$862 million, including cash, cash equivalents, and short-term investments.
Buzz, the Polish charter airline and subsidiary of the Ryanair Group, has reported a 28% decline in net profit, posting $25.4 million for the fiscal year ending 31 March 2024. Despite this setback, the airline recorded revenues of $555 million, indicating a resilient operational performance in a highly competitive European leisure market.
