Tag: Financial performance

Vietjet reports strong third-quarter results and expands Singapore–Vietnam services

Vietnam’s low-cost carrier Vietjet Aviation Joint Stock Company has reported a robust financial performance for the third quarter of 2025, achieving 97% of its annual plan and maintaining steady growth across its operations. The airline said it plans to further expand its network in the Asia-Pa...

Norse Atlantic reports record load factor and revenue growth

Norse Atlantic Airways has reported a sharp rise in revenue and stronger financial performance for the second quarter of 2025, driven by record passenger demand and efficiency gains. The Oslo-based long-haul carrier achieved a world-leading load factor of 97% in the April–June period, with pass...

IAG sees 'strong' start to year as company reports H1 2025 results

IAG sees ‘strong’ start to year as company reports H1 2025 results

Luis Gallego, the chief executive of International Airlines Group (IAG), has said the company saw a "strong performance in the first half of 2025". Announcing IAG's H1 2025 results, Gallego said its performance "reflects the resilience of demand for travel and the success of our ongoing transform...

Icelandair reports Q2 2025 results

Icelandair reports Q2 2025 results

Icelandair has released its Q2 2025 results. Bogi Nils Bogason, CEO of Icelandair, said: "The second quarter resulted in improved profitability with net profit stronger than last year. "The continued focus on efficiency and resilient route network was reflected in outstanding on-time performan...

Swedavia reports improved profit for H1 2025

Swedavia reports improved profit for H1 2025

Swedavia reports that the second quarter of 2025 was characterised by increased demand for international air travel and stronger commercial revenue, which had a positive impact on the airport operator's net revenue. Net revenue for the quarter amounted to SEK 1,789 million (1,674) and operati...

United Airlines reports Q2 2025 profit

United Airlines reports Q2 2025 profit

United Airlines has reported a second-quarter (2025) profit, ahead of Wall Street expectations, and grew both earnings and pre-tax margin in the first half of 2025 versus the first half of 2024. The carrier had second-quarter pre-tax earnings of $1.2bn, with a pre-tax margin of 8.2%; and adjusted p...

CMAC Group launches enhanced portal to improve passenger experience

Asia Pacific Airlines demonstrate financial resilience in 2024

Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific carriers achieved US$7.3 billion in combined net profits in 2024, supported by strong growth in passenger traffic and a marked recovery in cargo volumes. Neverthele...

Wizz Air reports FY25 results

Wizz Air reports FY25 results

Wizz Air has today announced its results for the full year ended 31 March 2025. Highlights Record traffic of 63.4 million passengers in FY25 (versus 62 million last year) despite ASK capacity being 0.1% lower year-on-year Traffic growth reflected in 1 percentage point increase in FY25 lo...

NAHCO celebrates 'very impressive' FY24 performance

NAHCO celebrates ‘very impressive’ FY24 performance

NAHCO has said that shareholders have "commended" the ground handler's "unprecedented performance" last year ahead of its 2025 annual general meeting this Friday (23 May). The commendation follows the publication of NAHCO (Nigerian Aviation Handling Company)'s FY24 results as profit before tax so...

Emirates Group achieves record annual profit

The Emirates Group has posted the strongest financial performance in its history, reporting record profits, revenue, and cash reserves for the 2024–25 financial year, positioning itself as the most profitable aviation group globally. Its flagship carrier, Emirates, also achieved a historic mile...

Airports face financial challenges despite air traffic rebound, ACI World economics report reveals

Airports face financial challenges despite air traffic rebound, ACI World economics report reveals

Airports Council International (ACI) World has released its latest airport industry economic and financial performance data, revealing a significant gap between the recovery of passenger traffic and total airport revenues. While passenger traffic nearly returned to pre-pandemic levels in 2023...

United Airlines reports best Q1 financial performance in five years

United Airlines (UAL) today reported its best first-quarter financial results in the past five years, despite a challenging macroeconomic environment. United reported a first-quarter profit, with record revenue of $13.2 billion, and total revenue per available seat mile (TRASM) growth of 0.5% yea...

Lufthansa: 2024 was 'year of two halves' after tough first six months

Lufthansa: 2024 was ‘year of two halves’ after tough first six months

Lufthansa CEO Carsten Spohr has said 2024 was a "year of two halves" after the group's full-year earnings were released today. In a statement this morning he said: “Aviation is and remains an industry of the future with sustained strong demand. "Especially in unstable times, it enables inter...

IATA: Airline industry revenues expected to surpass $1tn in 2025

IATA: Airline industry revenues expected to surpass $1tn in 2025

Total airline industry revenues are expected to exceed the trillion-dollar mark for the first time ever next year. According to the International Air Transport Association (IATA)'s latest financial outlook, global airline industry revenues will reach $1.007tn in 2025 - an increase of 4.4 per cen...

Q3 busiest quarter ever for UK air travel, data reveals

Q3 was busiest quarter ever for UK air travel, new data reveals

The third quarter of 2024 was the busiest ever for UK air travel, according to new data. Figures from the aviation data analytics company Cirium revealed that 282,775 flights departed from UK airports through Q3 2024 - which represents a record-breaking 51.24 million seats. This surge surpasse...

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