Pratt & Whitney, a subsidiary of RTX, reported a robust 12% year-over-year increase in Q2 2025 sales, reaching $7.6 billion, fueled by strong performance across both commercial aftermarket and original equipment (OE)segments. The aftermarket division grew 19%, while OE sales rose 15%, supported by higher volume and a favorable product mix, especially from Pratt & Whitney Canada.
Volaris, the Mexican low-cost carrier, has reported a $63 million net loss for the second quarter of 2025, a sharp reversal from the $10 million profit it recorded in the same period last year. The loss was driven by a combination of declining unit revenues, increased operating expenses, and a slight drop in load factor.
GetJet Aviation Holdings, an integrated aviation services group based in Vilnius, Lithuania, has reported a strong net profit of €25.4 million for the 2024 fiscal year, supported by rapid expansion across key business segments including ACMI leasing, aircraft maintenance (MRO), asset management, and component trading. The group recorded total revenues of €184.3 million, confirming its status as one of the most profitable aviation service…
Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
Icelandair has reported a net profit of $13 million for the second quarter of 2025, marking a solid financial rebound supported by rising travel demand and improved operational efficiency. The airline also saw a 13% increase in quarterly revenue, reaching $463 million, compared to the same period in the previous year.
Airbus has committed to providing an additional $94 million in financial support to Spirit AeroSystems, increasing its total assistance to the U.S.-based aerostructures manufacturer to $152 million. This move comes amid efforts to stabilize production and supply chain challenges that have impacted major aircraft programs, particularly the A220 and A320neo families for which Spirit is a key supplier.
ACIA Aero Leasing, based in Ireland, reported a robust performance for the first half of 2025, marking significant growth in customer base and transaction volume. The lessor added five new customers, completed four aircraft and engine acquisitions, signed four new lease agreements, and executed the sale of eight aircraft. In addition, two new lending partners joined the company’s financing network, highlighting a…
Yakovlev, a prominent Russian aircraft manufacturer under the umbrella of United Aircraft Corporation, has approved the sale of a package of treasury shares valued at $11 million. The shares account for just 0.3% of the company’s total issued securities, indicating a limited impact on shareholder structure while potentially offering liquidity or funding for operational activities.
SkyTaxi, a Poland-based charter and cargo airline, reported a net profit of $4.8 million for the full year 2024, based on total revenues of $69.6 million. This performance underscores the carrier’s consistent profitability in a niche market dominated by ad hoc cargo and passenger services, including operations under ACMI and government contracts.
United Airlines has announced its financial results for the second quarter of 2025, revealing a net income of US$1.0 billion and total operating revenue of US$15.2 billion, marking a 1.7% year-on-year increase. These results signal steady financial performance as the carrier continues navigating a complex global aviation environment.
