Chorus Aviation Reports $110M Net Loss in 2024
Chorus Aviation (Canada) has released its 2024 financial results, highlighting a net loss of $110 million for the year. Despite this, the company saw a 0.4% revenue increase, reaching $985 million.
Carlyle Aviation Closes $518M Aircraft ABS for 23 Aircraft
Carlyle Aviation Partners has announced the closing of AASET 2025-1, its seventeenth aircraft asset-backed securitization (ABS). This transaction involved the issuance of $518 million in Secured Notes, which will facilitate the acquisition of 23 aircraft as part of the firm’s broader portfolio expansion strategy.
Airbus | Aircraft | Corporation | Financial | Manufacturers
Airbus Reports $72.2B Revenue and 826 Net Orders in 2024
Airbus has released its fiscal 2024 financial results, showcasing a 6% revenue increase to $72.2 billion. The company achieved a net income of $4.4 billion and a free cash flow before customer financing of $4.6 billion, reinforcing its financial stability and strong cash flow generation.
Air New Zealand to Launch $57M Share Buyback Program
Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
Air New Zealand Reports 2025 Interim Profit Decline
Air New Zealand has posted its 2025 interim financial results, reflecting a net profit after taxation of $60.4 million, marking an 18% decline from the prior period. The airline attributes the decline to operating cost pressures and reduced revenue growth, amid a dynamic market environment.
Airbus Adjusts A350F Entry Into Service to 2H 2027
Airbus continues to aim for a monthly production rate of 12 A350 aircraft by 2028, reaffirming its long-term production strategy despite supply chain challenges. The company has also revised the entry into service (EIS) timeline for the A350F, which is now expected in 2H 2027 instead of the previously estimated date.
Airlines | Debt | Financial | Flag Carrier
SriLankan Airlines Posts $6.6M Loss, Govt Allocates $68M for Debt
SriLankan Airlines reported a $6.6 million net loss for the seven months ending October 2024, as net traffic revenue fell 14.9% to $517.3 million. The decline reflects weaker demand and financial struggles, continuing the airline’s challenging financial trajectory.
MTU Aero Engines Reports $7.8B Revenue, $798M Profit in 2024
MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
Jeju Air Posts $1.3B Revenue in 2024, Net Profit Falls 83.8%
Jeju Air (South Korea) has announced its 2024 financial results, showing total revenue climbed 12.3% to $1.3 billion, reflecting strong passenger demand. However, the airline’s net profit plummeted 83.8% to $15 million, impacted by rising operational costs and economic challenges.
Airlines | Financial | Flag Carrier | IPO
Etihad Triples 2024 Net Profit to $476M, Eyes 1Q 2025 IPO
Etihad (UAE) has reported a significant surge in profitability for 2024, with net profit tripling to $476 million and revenues increasing 25% to $6.9 billion. The airline’s financial performance underscores strong passenger demand, strategic cost efficiencies, and expansion in key markets.