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IAG reports strong third quarter 2024 results

IAG

IAG, International Consolidated Airlines Group, reported strong third quarter earnings that beat street expectations today.  The group also announced that it would buy back €350 million of its own shares beginning next week.  Robust travel demand and strong cash generation…

Embraer reports positive Third Quarter Earnings

Third Quarter

Embraer reported its third quarter earnings this morning, with several positives that beat expectations.  The company reported a net profit of $178.8 million US, or 97 cents per share.  Adjusted for non-recurring costs, EPS were $1.20, surpassing expectations. Quarterly revenues…

Airbus beats expectations for 3rd Quarter 2024

Airbus

Airbus reported its 3rd Quarter 2024 financial results earlier today.  Results for the company were positive in commercial aircraft and helicopters, but down for defence and space.  Overall, the quarter was positive, and management confirmed full year guidance for 2024…

IndiGo reports Rs 27.3bn net for quarter

indigo

Delhi-based low-cost airline IndiGo has posted a net profit of Rs 27.3 billion for the quarter that ended June 2024. The airline says that excluding foreign exchange loss, the profit amounted to Rs 27.86 billion, compared to Rs 29.74 billion…