Turkish Airlines reported a net loss of US$44 million for the first quarter of 2025 on revenues totaling US$4.88 billion. Despite the loss, the airline maintained a strong cash and cash equivalents position of US$2.3 billion, reinforcing its liquidity strength heading into the peak summer season.
SWISS concluded 2024 with a strong operating profit of US$828 million, supported by total annual revenues of US$6.7 billion. The fourth quarter alone contributed US$216 million in operating profit on US$1.69 billion in revenue, capping a successful financial year for the carrier.
PAL Holdings, the parent company of Philippine Airlines, reported a net profit of US$77 million for the first quarter of 2025, supported by a 2.5% revenue increase to US$834.2 million. The results underscore the group’s ongoing recovery momentum in the Southeast Asian aviation market.
Lufthansa Technik reported a 49.5% increase in adjusted EBIT to US$183 million during the first quarter of 2025, supported by a robust 18.4% growth in revenue to US$2.2 billion. The results reflect sustained recovery in global MRO (maintenance, repair, and overhaul) demand.
Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching US$9.2 billion, while recording an adjusted EBIT loss of US$821 million. Despite the loss, the group maintained a strong liquidity position of US$12.9 billion.
Austrian Airlines reported a revenue increase of 14% in the first quarter of 2025, reaching US$521 million, but still ended the quarter with a negative adjusted EBIT of US$126 million. This performance highlights the persistent challenges faced by European carriers during the traditionally weaker winter months.
Etihad is fully prepared to launch an initial public offering (IPO), but the ultimate decision to proceed remains with its shareholders, according to CEO Antonoaldo Neves. Speaking about the airline’s future prospects, Neves emphasized that all necessary internal preparations have been completed to support a potential listing.
Lufthansa has reached an agreement to acquire three Boeing B787-9 Dreamliners that were originally manufactured for Norwegian but remained undelivered. The aircraft, identified by serial numbers 63350, 63348, and 63349, have been stored for several years after Norwegian underwent a restructuring and cancelled several aircraft orders.
Aerolineas Argentinas, the national airline of Argentina, has announced plans to close 17 of its 21 branch officeslocated across provincial regions of the country, effective 30 April 2025. The move is part of a broader cost-cutting directive issued by the Argentine government, which continues to restructure state-owned enterprises.
Tibet Airlines, a regional carrier based in Lhasa, China, has added a new Airbus A319neo to its fleet. The aircraft, bearing serial number 11926, is powered by LEAP-1A26 engines from CFM International, further supporting the airline’s modernization and high-altitude operational capabilities.
