Aviation economics & finance news covering aircraft leasing, financial reports

British Airways owner IAG suffers biggest loss in its history

British Airways owner IAG plunged to the biggest revenue loss in its history....

Safran maintains profit in 2020 despite pandemic

Safran reported a net profit of €352 million in 2020, despite a 33% drop in turnover due to the crisis in the aviat...

Airbus vs Boeing: making sense of the crisis | Data

The eternal duel of the aviation titans - Airbus and Boeing - was especially interesting through 2020. Let's check h...

British Airways Boeing 747 aircraft parked at London Heathrow Air

British Airways finalizes negotiations over government-backed £2 billion loan

British Airways announced that it finalized two agreements to bolster liquidity, one of which included a partially...

Finnair plans to buyback its own shares

Finnair announced that it would start re-acquiring its own shares....

Air France-KLM warns of ‘challenging’ Q1, posts €7.1B net loss

Air France-KLM posted a net loss of €7.1 billion in 2020....

Asiana Airlines narrows losses due to cargo business growth

Asiana Airlines said that it narrowed its losses in 2020 due to cargo business growth....

China, Ukraine in row over An-225 engine maker Motor Sich

China, Ukraine in row over An-225 Mriya engine maker Motor Sich

Beijing expressed concerns after Ukrainian President Zelensky blocked China’s Skyrizon’s plan to acquire Mot...

Korean Air ends year with $213 million operating profit

Korean Air ended 2020 with $213 million operating profit....

JetBlue aircraft tail at New York John F Kennedy International Ai

JetBlue captured cash-generating opportunities to reduce losses

While JetBlue posted a massive net loss for the full year of 2020, the airline provided some positive news as well....

American Airlines posts $8.9 billion loss in challenging 2020

American Airlines reported a net loss of $8.9 billion amid the global pandemic...

American Airlines Boeing 777 landing at Sao Paulo, Brazil

Is American Airlines the new GameStop ($GME) stock?

While GameStop shares have caused an uproar like no other, could American Airlines' stock cause the same disruption?...

Boeing reports huge quarterly loss, 777X launch delayed to late 2023

Boeing posted a net loss of $8.42 billion in the fourth quarter of 2020, hit by several charges including one of $6.5 bi...

AirAsia Group to raise funds via private placement

AirAsia Group announced it would raise funds through private placement. ...

Koeran Air to raise cash for Asiana takeover

Korean Air said it would raise a stock sale for Asiana Airlines takeover....

United Airlines takes strict strategy of annual cost-cutting

Having posted their largest net loss since 2005, United Airlines plans to cut up to $2 billion of annual costs through 2...

US sets new tariffs on plane parts from France & Germany

The United States imposes new upgraded tariffs on aircraft parts from France and Germany. ...

Nordica to acquire LOT stake in Xfly, become sole owner

Estonia‘s Nordica and LOT Polish Airlines reached an agreement to amend the ownership of their joint subsidiary Xf...

Boeing-Airbus row: Trump administration plans new tariffs

As part of the dispute between Boeing and Airbus over subsidies, the Trump administration will impose new tariffs on Eur...

Finland to help Finnair with €400 million hybrid loan

The Finnish government plans to support the national flag-carrier Finnair with a €400 million hybrid loan....

Cathay Pacific warns about higher loss in H2

Cathay Pacific warns about “significantly higher” loss in H2

Hong Kong flag-carrier Cathay Pacific counts higher second-half loss than its record loss in first-half of 2020, as it s...

Experts: Ryanair’s debt to triple to €1.2 billion, recovery in 2022

The experts predicted that Ryanair’s debt would triple to €1.2 billion by March 2021. However, the airline sh...

Airbus Boeing tariff wars: UK to skip the conflict?

Amid the ongoing tariff war, the UK announced plans to stop imposing tariffs on Boeing aircraft after Brexit....

Cold winter ahead: SAS reports record loss of $1.2 billion

SAS is ending the year with a historical annual loss of $1.2 billion and is preparing for more financial trouble in 2021...

Japan to lower aviation fuel tax by 80% to support airlines

In an effort to support the aviation industry, Japan plans to temporarily cut its aviation fuel tax by 80%. ...

IATA: Aviation industry to end 2020 with $118 billion loss

As the current crisis continues, the International Air Transport Association (IATA) announced a worsening forecast for t...

Vietnam Airlines wins state favor, gets approval for $530M aid

Vietnam Airlines received governmental approval for financial aid worth $520 million. ...

Burning $85M a month, Air New Zealand awards CEO by $2M in shares

Despite burning up to $85 million a month, the CEO of Air New Zealand received a $2 million bonus in the airline’s...

easyJet: £1.2 billion loss but with a flexible cost structure

The aspect of liquidity represents one of the fundamental elements in the analysis of a financial statement. In the pres...

The landing lights of easyJet airlines Airbus A320-251N flight U

EasyJet records first massive loss in 25-years operating history

EasyJet faced a pre-tax loss of €1.4 billion ‒ the airline’s first loss in 25-years of operating history....

Concept for the worldwide delivery of COVID-19 vaccine

Aviation stock market surges again after Moderna vaccine success

On November 16, 2020, the second time in a month, the aviation industry experienced a surge in shares after the news on...

Aviation Economics & Finance

British Airways owner IAG suffers biggest loss in its history

Safran maintains profit in 2020 despite pandemic

Airbus vs Boeing: making sense of the crisis | Data

Sales reps tips for people starting a new job in a pandemic [Video]

Emirates pilot Massimo: no prospects for seasoned pilots post-crisis?

New Chair takes the reins at UK CAA at height of pandemic

Flight attendant’s story: lost job while stuck in exotic island

UK Aviation Minister: “I want nothing more than to see planes back in the sky”