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Airline Finance

Air Canada Lowers Full-Year Earnings Expectations Amid Competitive Pressures

Air Canada Lowers Full-Year Earnings Expectations Amid Competitive Pressures

In a significant development for Canada's aviation industry, Air Canada, the country's largest airline, has announced a downward revision of its full-year earnings expectations for 2024.

Cathay Pacific Reports Record Profits, Driven by Rebound in Travel Demand

Airline Profitability

Cathay Pacific Reports Record Profits, Driven by Rebound in Travel Demand

Cathay Pacific, Hong Kong's flagship carrier, has reported record profits for the fiscal year 2023, driven by a robust rebound in travel demand as global air travel continues to recover from the COVID-19 pandemic.

Spirit Airlines Faces Financial Turbulence After Failed JetBlue Merger

Spirit Airlines Faces Financial Turbulence After Failed JetBlue Merger

Ethiopian Airlines Secures a Significant $450 Million Loan from Citi for Fleet Expansion

Ethiopian Airlines Secures a Significant $450 Million Loan from Citi for Fleet Expansion

Ethiopian Airlines, the flag carrier of Ethiopia and a leading aviation group in Africa, has recently made headlines with its announcement of a substantial loan agreement with Citi. The $450 million loan is earmarked for the financing of five new Boeing aircraft...