Cebu Pacific, the leading low-cost carrier in the Philippines, reported a steep decline in profitability for the first quarter of 2025, despite strong revenue growth. The airline’s net profit plunged by 79.2% year-over-year, dropping to $8.4 million, even as total revenue rose by 20.2% to $549 million.
Global Crossing Airlines Group, a U.S.-based charter and ACMI service provider, has reported first-quarter 2025 revenue of $66.6 million, marking a 24% year-over-year increase. Despite this significant revenue growth, the airline posted a modest net loss of $200,000, illustrating a near break-even performance.
Emirates, the Dubai-based flag carrier, has announced a 20% rise in profit before tax, totaling $5.8 billion for the fiscal year ending 31 March 2025. This robust performance was supported by a 6% increase in revenue, which reached $34.9 billion, alongside a solid cash reserve of $13.5 billion.
Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.
Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global aviation services provider, announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $157.7 million, marking a 32.5% increase compared to the same period in 2024. Pre-tax income for the quarter was $25.3…
MTU Aero Engines, the German engine manufacturer, has reported a 25% increase in adjusted revenue for the first quarter of 2025, reaching $2.3 billion, as demand for maintenance, repair, and overhaul (MRO) services, as well as OEM engine deliveries, remained robust. The company also posted a 41% rise in adjusted net income, totaling $250 millionfor the quarter.
ITA Airways, Italy’s flag carrier, reported revenues of $3.5 billion for the full year 2024, representing a 26% increasecompared to the previous year, driven by expanded route offerings and improved passenger volumes. Despite this revenue growth, the airline recorded a net loss of $256.6 million, highlighting continued operational challenges and restructuring costs.
Embraer has reported a strong start to 2025 with first-quarter revenues rising 23% year-on-year to $1.1 billion, highlighting a healthy market for both its commercial and defense aviation segments. The Brazilian aerospace manufacturer also posted a net income of $73.4 million for the quarter, underscoring an overall positive financial performance.
JAL Group, parent of Japan Airlines, has released its financial results for the fiscal year ending March 31, 2025, showcasing solid performance driven by recovering international demand and robust domestic operations. The group reported revenue of $12.7 billion, up 12% year-over-year.
Vietnam Airlines has reported a significant financial rebound for the first quarter of 2025, registering a consolidated pre-tax profit of approximately $138 million. The achievement is further supported by an 11% increase in consolidated revenue, reaching $1.2 billion, signaling a sustained recovery from the post-pandemic period and effective strategic implementation by the airline.
