Icelandair has disclosed its financial performance for the first quarter of 2025, recording a net loss of US$44 million, despite an 11% increase in total revenues to US$286 million. The airline’s liquidity remained solid at US$510 million, providing a stable financial foundation moving forward.
Emirates, the flagship airline of the United Arab Emirates, has affirmed its strong financial footing, with Chairman Sheikh Ahmed bin Saeed Al Maktoum stating that an initial public offering (IPO) would be executed if mandated by the government. This marks one of the clearest indications yet that a public listing of the airline could be on the table in…
Air France-KLM has released its financial results for the first quarter of 2025, revealing a net loss of US$283.6 million, despite an encouraging 7.7% increase in revenues, which totaled US$8.2 billion. The group’s liquidity position remains strong, with US$10.5 billion in available cash, providing resilience amid fluctuating operating conditions.
Air China, one of the leading carriers in mainland China, reported a first-quarter net loss of US$281 million, reflecting continued financial pressures across the Chinese aviation market. The airline’s total revenues for Q1 2025 held steady at US$5.4 billion, showing no significant growth compared to the same period last year.
KLM Cargo has taken delivery of a Boeing 747-400ERF, manufacturer serial number (MSN) 33695, operated by Martinair, a subsidiary of the KLM Group. The aircraft is powered by CF6-80C2B5F engines and is expected to reinforce the airline’s long-haul cargo capacity across major trade routes.
Garuda Indonesia has expanded its widebody fleet with the wet lease of two Airbus A330-300 aircraft, manufacturer serial numbers (MSNs) 1619 and 692, from Thai AirAsia X. Both aircraft are powered by Rolls-Royce Trent 772B-60 engines and are expected to support medium- to long-haul operations across the airline’s international network.
EgyptAir has expanded its long-haul capabilities with the delivery of one Airbus A330-200, manufacturer serial number (MSN) 874, through a lease agreement. The aircraft is powered by Pratt & Whitney PW4168A engines, offering proven performance for medium- and long-haul operations.
Air Sierra Leone has taken delivery of a Boeing 737-8, manufacturer serial number (MSN) 44863, through a wet lease agreement with Ascend Airways of the United Kingdom. The aircraft is powered by LEAP-1B27 engines, offering improved fuel efficiency and reduced emissions compared to previous-generation models.
Air Serbia has announced plans to retire two Airbus A319 aircraft from its fleet following the summer 2025 travel season, as part of an ongoing fleet modernization initiative. The aircraft will be replaced by a mix of Embraer E195s and Airbus A320s, allowing the airline to optimize both capacity and operational efficiency.
Air China Cargo has expanded its freighter fleet with the delivery of one Airbus A330-200P2F, manufacturer serial number (MSN) 890, powered by Trent 772C-60 engines. The aircraft marks a continued commitment to fleet modernization and growth in the cargo segment.
