Airbus ups production targets as firm plans for 40k deliveries in next 20 years
Airbus has announced details of the planemaker’s past nine months with the release of its 2023 results so…
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Stay updated on financial reports in the aviation industry. Explore articles and news about the financial performance, earnings, revenues, and any updates.
Virgin Australia posts first profit in 11 years as travel demand returns
Virgin Australia has posted its first profit in 11 years for fiscal year 2023, crediting strong recovery in…
Air Arabia nets record AED 1.2 billion profit, doubles 2022 passenger numbers
Air Arabia has announced a record net profit for FY22 of AED 1.2 billion ($326.7 million), an increase…
Embraer Q3 results: Defense revenue down, commercial jets up
Brazilian regional jet manufacturer Embraer has reported a net loss of over $30.2 million in its consolidated Q3…
BOC Aviation writes down $804 million for 17 jets stranded in Russia
Singapore-based aircraft leasing company BOC Aviation reported a net loss after tax of $313 million for the first…
LATAM obtains US Court approval for reorganization plan, secures exit financing
LATAM Group announced that its total operating revenues reached $2.23 billion in the second quarter of the year.…
TUI to pursue compensation from airports for disruptions caused by travel chaos
TUI Group has revealed an underlying loss before interest and taxes of $43.53 million (€42.5 million) for the…
Emirates posts $1 billion annual loss, bets on profitability in FY2022-23
Emirates, the government-owned carrier of the United Arab Emirates, published its annual financial results for FY2021-22, in which…
Norwegian Air posts $102 million loss in Q1, cites ‘seasonally weak’ quarter
Norwegian Air has posted a $102 million (NOK 1,031 million) loss for the first quarter of 2022. The…
Boeing reports liquidity for aircraft finance sector close to pre-COVID levels
A report from Boeing Capital Corporation, a subsidiary of Boeing, reveals that liquidity for aircraft financing is now…
Delta Airline sees return to profit as travel demand reaches “historic high”
Delta Air Lines reported a pre-tax loss of $1.2 billion in the first quarter of 2022 but expects…
Air France-KLM posts positive operating result in Q4 2021
Air France-KLM posted its latest financial results for the full year of 2021, reporting a positive operating result…
Boeing reduces losses, sees slow recovery in 2021
Boeing lost $4 billion but increased revenue to $62 billion in 2021, the company’s yearly report indicates. That is…
Lufthansa returns to profit amid extended summer travel boom
Lufthansa (LHAB) (LHA) is enjoying an extended summer travel boom. The German airline group returned to profit in…
Embraer registers first quarterly profit since 2018
Embraer’s Q2 2021 results display an increase in revenue and deliveries, shining a light at the end of…
Wizz Air reports €576 million loss in 2020, expects more
Wizz Air suffered losses during the fiscal year 2021 that spanned between March 31, 2020, and April 1,…
Korean Air ends year with $213 million operating profit
While most of the airlines report huge losses amid COVID-19 pandemic, the biggest South Korean air carrier Korean…
Cold winter ahead: SAS reports record loss of $1.2 billion
SAS is ending the year with a historical annual loss of $1.2 billion and is preparing for more…