Finance
Discover the latest financial news in the aviation industry, including quarterly and annual reports, earnings updates, and financial performance of airlines.
ATR records strong growth in 2023 amid supply chain challenges
Franco-Italian regional aircraft manufacturer ATR has reported significant growth in its 2023 annual results despite ongoing supply chain disruptions. The company delivered 36...
Cebu Pacific posts strong Q3 results, expects continued growth in 2024
Cebu Pacific (CEB) is poised for continued growth in 2024, despite facing challenges related to aircraft inspections. The airline reported robust financial and...
PAL reports $98 million net income in Q3
Philippine Airlines (PAL) has reported a net income of US$98 million (PHP 5.4 billion) and an operating income of US$130 million (PHP 7.2...
PAL sees strong growth in H1 2023, invests in fleet and services
Philippine Airlines (PAL) has reported impressive financial results for the first half of 2023, with a record net income of US$250 million (PHP...
Cebu Pacific reports strong revenue growth in Q2 2023
Low-cost carrier Cebu Pacific Air (CEB) reported a total revenue of P22.7 billion for the second quarter of 2023, a 62% increase from...
PAL reports positive Q1 2023 financial performance
Philippine Airlines (PAL) has reported an operating income of PHP 7.4 billion ($135.2m) and total comprehensive income of PHP 5.9 billion ($108.2m) in...
Cebu Pacific reports P1.1 billion net profit in Q1
Cebu Pacific Air (CEB) has reported a net profit of P1.1 billion for the first quarter, bouncing back from a net loss of...
PAL marks net profits for 2022, commits to improve services and sustain global links
Philippine Airlines (PAL) ended 2022 on a high note, reporting an operating income of USD 297.2 million and a total comprehensive income of...
Cebu Pacific generates P56.8 billion revenues for 2022, up 261% from year-ago
Cebu Pacific, the Philippines’ leading carrier, recorded a 261% increase in revenues to P56.8 billion in 2022 from the previous year. Passenger business...
PAL posts record profits for 1st half 2022 as recovery rolls on
Philippine Airlines, Inc. (PAL) registered an operating income of US$ 125 Million (PHP 6.6 Billion) and net comprehensive income of US$ 71 Million...
