Willis Lease Finance Grows RevenueWillis Lease Finance Posts Record Q1 2025 Revenue, Declares Dividend

ByAdmin 08/05/202512/05/2025

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 million.

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I Fly Triples Q1 Revenue Amid A330 Wet Lease To Aeroflot

ByAdmin 10/04/202514/04/2025

I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…

Corporation | Financial | Quarterly Performance

FTAI Aviation Reports Strong Q3 2024 Results and Declares Dividend

ByAdmin 31/10/202403/11/2024

FTAI Aviation Ltd. has reported a strong financial performance for the third quarter of 2024, highlighting significant revenue growth and operational achievements. The company declared a quarterly dividend of $0.30 per common share, underscoring its commitment to delivering shareholder value.

Airlines | Financial | Flag Carrier | Management

Norwegian Launches ‘Program X’ to Boost Profitability

ByAdmin 16/02/202518/02/2025

Norwegian has implemented Program X, a strategic profitability program aimed at enhancing cost efficiency and operational synergies. The initiative is led by Jeanette Bo-Alnes, the newly appointed Chief Performance Officer, and will run until at least the end of 2026.

Lessor | Management

Air Lease Appoints Grant Newman as SVP and Treasurer

ByAdmin 20/03/202521/03/2025

US-based Air Lease Corporation has appointed Grant Newman as its new Senior Vice President and Treasurer, effective March 17, 2025. Newman’s appointment is part of Air Lease’s strategic initiative to strengthen its financial management and executive leadership team.

Corporation | Financial

FTAI Aviation Posts Steady Performance With $502M Revenue in 2025

ByAdmin 01/05/202503/05/2025

FTAI Aviation, based in the Cayman Islands, reported a net income of $89.9 million on total revenues of $502 millionfor the year 2025. The company’s full-year financial results indicate a steady operational performance within its leasing and aftermarket services segments.

Airlines | Financial

Cebu Air Reports 9M 2024 Revenue Growth Despite Profit Decline

ByAdmin 15/11/202419/11/2024

Cebu Air, the Philippines’ largest airline, has reported its 9M 2024 financial results, highlighting an 11% increase in total revenue to $1.26 billion compared to the same period in the previous year. However, the airline’s net income fell by 33%, settling at $57.8 million. This mixed performance reflects both the recovery in travel demand and ongoing operational cost pressures impacting profitability.

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