Revenue Archives - Aviation metric

Surging revenues, strong balance sheet drive United Nigeria’s pioneer ₦100bn debt programme

Posted on October 16, 2026 by Wole Shadare

Bolsters expansion, global reach with maiden commercial paper issuance In a historic move for Nigeria’s aviation industry, United Nigeria Airlines Company Limited will become the first domestic carrier to issue commercial paper, launching an initial tranche of ₦20 billion. The milestone debt issuance marks a significant step forward in capital market financing for local airlines, providing a robust framework to support the operator’s ambitious growth trajectory. According to the airline’s September 2026 investor presentation, which…

Delta generated $63 billion revenue in 2025, $5.8 billion operating income

Posted on January 15, 2026 by Wole Shadare

Delta Air Lines concluded 2025 (its Centennial year) with record-breaking revenue and strong cash flow, primarily driven by a surge in demand for premium travel and a highly successful loyalty partnership with American Express. For the December quarter, Delta recorded $16.0 billion in operating revenue, delivering an operating income of $1.5 billion and an operating margin of 9.2%. Earnings per share for the quarter came in at $1.86, supported by healthy demand across premium, international…

Ibom Air projects N150 billion revenue for 2025, says CEO

Posted on July 11, 2025July 11, 2025 by Wole Shadare

Meets travel partners Why delays, cancellations dangerous for airlines The Chief Executive Officer of Ibom Air, George Uriesi, has again lamented the difficulties airlines face that lead to flight delays, rescheduling, and cancellations, explaining that being an airline in Nigeria is extremely challenging and dangerous for the growth of the carriers. Flight delays in Nigeria are indeed causing serious problems, reaching a point where they are being described as taking on a dangerous…

Record 5.2 billion people to take to air travel, airlines’ revenue to hit $1 trillion in 2025-IATA

Posted on December 10, 2024 by Wole Shadare

The International Air Transport Association (IATA) has announced its financial outlook for the global airline industry in 2025, with the group saying that total industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024. This is the first time according to IATA that the industry revenues top the $1 trillion mark, while expenses are expected to grow by 4.0% to $940 billion. According to a paper presented by the IATA…

Aviation agencies reel under 50% revenue deduction yoke

Posted on August 6, 2024August 6, 2024 by Wole Shadare

The recent hike in en-route navigational charges by the Nigerian Airspace Management Agency (NAMA) before it was upturned by Minister of Aviation and Aerospace Development, Festus Keyamo may have come as a result of survival pressure. The agencies reel under the 50% deduction yoke, writes, WOLE SHADARE Minister overrules The Minister of Aviation and Aerospace Development, Festus Keyamo’s quick intervention in the hike in en-route navigation charges was very timely as it provided the Nigerian…

Aviation industry revenue to reach historic $996 billion in 2024, says IATA

Posted on June 3, 2024 by Wole Shadare

…Expenses to grow to $936 billion in 2024 Wole Shadare, Dubai Aviation industry revenues are expected to reach a historic high of $996 billion in 2024, just as passenger revenues are expected to reach $744 billion in 2024, up 15.2% from $646 billion in 2023 according to the International Air Transport Association (IATA). It however expressed concern that industry profitability is fragile and could be affected positively or negatively by many factors such as global…

Amid harsh economic realities, Airbus delivers 142 airplanes, revenues up by 13% Q1 2024

Posted on May 12, 2024 by Wole Shadare

Airbus’ gross commercial aircraft delivered in Q1 2024 rose to 142. This is coming against the backdrop of an operating environment that shows no sign of improvement. The company also reported consolidated financial results for its First Quarter (Q1) ended March 31, 2024. “We delivered first quarter 2024 results against the backdrop of an operating environment that shows no sign of improvement. Geopolitical and supply chain tensions continue. In that context, we delivered 142 commercial…

United Airlines Announces Q1 2024 Financial Results, Exceeds Revenue Projection

Posted on April 17, 2024 by Wole Shadare

…Generates $2.8 Billion Operating Cash Flow United Airlines (UAL) has reported first-quarter 2024 financial results. The company had a pre-tax loss of $164 million, a $92 million improvement over the same quarter last year; an adjusted pre-tax loss of $79 million, a $187 million improvement on an adjusted basis over the same quarter last year. These earnings reflect the approximately $200 million impact from the Boeing 737 MAX 9 grounding, without which the company would have…

African carriers to carry 98 million passengers in 2024, revenue rises to $1.83 billion in Jan

Posted on April 7, 2024 by Wole Shadare

Ghana proposes $20 passenger fee as Kotoka, 39 nations commit to SAATM African Airline Association (AFRAA), the umbrella body for the continent’s airlines has estimated that carriers from the region will carry about 98 million passengers in 2024, describing it as a year of recovery. It noted that the continent’s airline operations have exceeded pre-Covid levels both in terms of capacity and traffic carried, stressing that the number of seats offered in the…