Finance
Discover the latest financial news in the aviation industry, including quarterly and annual reports, earnings updates, and financial performance of airlines.
ATR reports 40% surge in aircraft orders for 2024
Regional aircraft manufacturer ATR announced its 2024 results, reporting a significant increase in orders and successful deliveries despite ongoing supply chain challenges. Orders...
Korean Air posts record 2024 revenue, Q4 profit soars
Korean Air announced tentative financial results for the fourth quarter and full year of 2024, reporting record-high annual revenue and a substantial increase...
Air Canada orders five more Airbus A220-300s
Air Canada has placed a firm order for five additional Airbus A220-300 aircraft, marking the airline’s third order for the type and bringing...
Capital A reports RM2.01 billion net profit for 3Q 2024
Capital A Berhad reported robust financial results for the third quarter of 2024, posting a net profit of RM2.01 billion driven by significant...
Cebu Pacific posts 9-month revenue growth, faces margin pressure
Cebu Air Inc., the operator of Cebu Pacific, reported a 11% increase in total revenue for the first nine months of 2024, reaching...
Boeing projects Q3 loss, announces 777X delay and job cuts
Boeing announced substantial financial setbacks in its third quarter results, citing production delays and labor issues as key factors impacting its performance. The...
AirAsia parent secures $443 million revenue bond
Capital A Berhad, the parent company of AirAsia, has secured a $443 million revenue bond to bolster its financial position and support the...
PAL reports $122 million net income for first half of 2024
Philippine Airlines (PAL) announced a net income of $122 million (₱6.99 billion) for the first half of 2024, with total consolidated revenues reaching...
Cathay Pacific fully repays Hong Kong Government’s HK$19.5 billion investment
Cathay Pacific has fully repaid the HK$19.5 billion investment made by the Hong Kong Special Administrative Region (HKSAR) Government in 2020, marking a...
Cebu Pacific plans equity restructuring to erase P16 billion deficit
Budget carrier Cebu Pacific has approved an equity restructuring plan to eliminate its P16.27 billion deficit, according to an official disclosure to the...
