Willis Lease Finance Corporation has released its 2024 financial results, highlighting a strong revenue performance and substantial net income growth. The company reported total revenues of $569.2 million, reflecting increased demand for engine leasing and asset management services.
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United Airlines has released its Q1 2025 financial results, reporting total operating revenue of $13.2 billion, reflecting a 5.4% increase compared to the same quarter the previous year. The carrier also posted a net income of $400 million, reinforcing its recovery momentum and financial resilience in a complex market.
Brussels Airlines, the national carrier of Belgium, has reported a record adjusted EBIT of €59 million for 2024, marking an 11% increase from the previous year. This achievement comes despite stable revenue, which remained at €1.54 billion.
Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.
VoePass, a regional airline in Brazil, is navigating a financial crisis, reporting a $37.2 million debt burden. To mitigate its financial struggles, the airline is demanding $6 million from its partner LATAM Brasil, as it continues discussions with creditors.
Thales has inaugurated a new avionics maintenance, repair, and overhaul (MRO) facility in Gurugram, India, strategically positioned near Delhi International Airport. This new center is part of the company’s ongoing efforts to expand its footprint in South Asia and improve support for regional airline customers.
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