Aviation services business Avia’s quarterly profit hits €31m

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 98%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Expansion leaves Irish-headquartered company with €3m first-half loss

An image of FL Technics' proposed hangar at Puna Cana Airport in the Dominican Republic. Its parent, Avia Solutions Group, earned €31m profit in the three months to June 30th.Profits at Irish-based aviation services business Avia Solutions Group hit €31 million in the three months to June, turning around a €34 million loss for the previous quarter, the company said on Thursday.

Avia, which moved its headquarters to Dublin from Lithuania early this year, provides aircraft crews, maintenance and insurance to airlines as well as operating several carriers itself. It has businesses in 68 countries. The group’s €31 million in the second quarter almost reversed a €34 million loss in the opening three months of 2023, which stemmed mainly from the cost of expansion.

It ended the first half with a €3 million loss as a consequence. Avia bought 19 aircraft and hired extra crews during the period, according to a statement.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

UrbanVolt secures €26m investment to aid European expansionSmart energy firm takes total financing to date to over €200m as Verdane comes onboard as an investor
Fonte: businessposthq - 🏆 8. / 71 Leggi di più »