Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.
Korea Express Air, a South Korean regional airline, is anticipated to be put up for sale as it navigates ongoing management and financial difficulties. The carrier has been under corporate rehabilitation procedures since October 2024, and its stakeholders are now considering strategic options, including a full sale, to stabilize the business.
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.
United Airlines has maintained its primary financial forecast for 2025, while introducing a contingency scenario in the event of a U.S. economic recession, signaling a cautious stance amid mounting macroeconomic ambiguity. The airline, one of the major U.S. carriers, emphasized that the state of the economy remains “impossible to predict,” prompting the need for flexible financial planning.
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.
Phoenix Aviation Capital (Ireland) and AIP Capital (US) have announced the closing of a Pre-Delivery Payment (PDP) financing facility to support Phoenix’s order of 30 Boeing 737-8 aircraft. The facility will provide up to US$300 million in total commitments and will be used to fund required down payments prior to aircraft delivery.
Sun Country Airlines (US) has secured a US$75 million senior secured revolving credit facility from Mitsubishi UFJ Financial Group (Japan). The new agreement replaces a previous $25 million revolving credit facility (RCF), representing a major boost to the airline’s liquidity as it continues to expand operations and reinforce its financial flexibility.
Azul (Brazil) has initiated a primary public offering of preferred shares, beginning with a base offering of 450 million shares, with the option to increase the total offering up to 697 million shares. The move marks a significant step in the carrier’s strategy to reinforce its balance sheet and support long-term operational resilience.
Airseven (Denmark) has announced a net profit of US$1.2 million for the fiscal year 2024, its strongest financial performance since the airline’s establishment in 2020. The result represents a major milestone in the carrier’s development and reflects a successful rebound from early operational challenges and pandemic-related disruptions.
Tarco Aviation (Sudan) has incurred estimated losses exceeding US$100 million as a direct result of the ongoing civil conflict in Sudan, according to statements from Sudanese government officials. The airline’s fleet, infrastructure, and inventory have sustained significant damage amid the broader national crisis.
