Aviation economics & finance news covering aircraft leasing, financial reports

Japan Airlines reports a net loss of $2.9bn amid pandemic

Japan Airlines reported financial results FY2020, posting a net loss of $2.9 billion....

Etihad Airways’ struggles: Has ME3 turned into ME2? | Data

Etihad Airways has been struggling recently. Can we still compare it to Emirates and Qatar Airways, or is it too small t...

Bombardier reports increased revenues for Q1 2021

In its preliminary financial report for the first quarter of 2021, Bombardier reported $1.3 billion in revenue from its...

Transat to receive up to $700 million financial aid from Canada

Transat to receive up to $570 million financial aid from Canada

Transat reached an agreement with the Canadian authorities which will provide it with up to $570 million additional cash...

Virgin Atlantic reports loss, eyes transatlantic return

Virgin Atlantic eyes transatlantic service return, posts £659 million loss

British air carrier Virgin Atlantic posted a pre-tax loss of £659 million in 2020....

Boeing reports improved finances in Q1, blames loss on 787

Boeing reports a $0.561 billion loss and a 10% fall in revenue for the first quarter of 2021, most of it due to lower 78...

Romania’s national carrier TAROM to cut its fleet by half

As part of its restructuring process, Romania’s TAROM put up for sale 14 aircraft ‒ half of its fleet....

SmartLynx focuses on growth in Germany

SmartLynx Airlines will be operating full charters for TUI Deutschland and Involatus. From summer 2021, it will fly to t...

Korean Air to end Q1 2021 with operating profit

Korean Air is expected to end the first quarter of 2021 with an operating profit....

Etihad Airways Airbus A380 landing at Paris Charles De Gaulle Int

Etihad Airways pushes air travel recovery hopes to 2024

Etihad Airways hopes the air travel demand will recover only by 2023, but a significant rise will already come in late 2...

Emirates, Etihad, Qatar: who started 2021 stronger? | Data

The endless rivalry of Emirates, Etihad Airways, and Qatar Airways survived the pandemic. Which Middle Eastern airline h...

Rostec to merge UAC, Sukhoi, MiG into single facility

Rostec announced that all brands of the UAC consortium, and the manufacturers Sukhoi and MiG, will be merged into a sing...

Russia plans to ban its airlines from registering planes abroad

Russian aviation authority plans to ban Russian airlines from operating foreign-registered airplanes....

Ukraine to nationalize Motor Sich, An-225 Mriya engine maker

Ukraine announced the nationalization of the engine manufacturer Motor Sich to prevent its acquisition by Chinese invest...

Boeing 737 MAX in a AerCap livery render

AerCap confirms GECAS purchase

AerCap confirmed that it has struck a deal with GE to acquire its aircraft leasing subsidiary, GECAS....

Sun Country Airlines Boeing 737 departing Minneapolis Internation

Frontier and Sun Country file an IPO, looking to raise cash

Two low-cost carriers in the US, Frontier and Sun Country Airlines, are looking to raise cash in order to be prepared fo...

Boeing ponders a $4 billion credit facility

As Boeing’s debt balance grows, the company is looking for extra options to obtain extra liquidity via a revolving...

Crisis-hit Etihad reports $1.7 billion loss for 2020

Hit by lower demand amid the pandemic, Etihad Airways losses doubled. The airline reported an operating loss of $1.7 bil...

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...

Aviation Economics & Finance

Japan Airlines reports a net loss of $2.9bn amid pandemic

Etihad Airways’ struggles: Has ME3 turned into ME2? | Data

Bombardier reports increased revenues for Q1 2021

More Chinese rocket debris expected to rain over Earth in the future

What does the future have in store for the International Space Station?

How soon are we going to fly airplanes on Mars?

Transat to receive up to $570 million financial aid from Canada

Virgin Atlantic eyes transatlantic service return, posts £659 million loss

Boeing reports improved finances in Q1, blames loss on 787

Romania’s national carrier TAROM to cut its fleet by half

SmartLynx focuses on growth in Germany

Captain Ali’s story: from Airbus joystick to laundry business

Alessandro’s story: from ground staff to ambulift truck driver

Rachel’s Story: Grounded flight attendant wins Project Wingman award

Quo Vadis Aviation Training?

From Boeing 737 to tactical freighter: commercial pilot turns military aviator

Korean Air to end Q1 2021 with operating profit

Etihad Airways pushes air travel recovery hopes to 2024

Emirates, Etihad, Qatar: who started 2021 stronger? | Data

FlyZero: How an easyJet pilot is helping aviation’s effort to cut emissions

Pilots, aviators, flyers: looking back at Pilots’ Week

It’s a different view from the cockpit, says Sebastian Roca

How a “unique experiment” led to private jet flying in a Covid world

Sleeping in a tent and piloting a Caravan: Hunter’s Covid journey back home

Rostec to merge UAC, Sukhoi, MiG into single facility

Russia plans to ban its airlines from registering planes abroad

Ukraine to nationalize Motor Sich, An-225 Mriya engine maker

AerCap confirms GECAS purchase

Frontier and Sun Country file an IPO, looking to raise cash

Breeze Airways rolls out controversial cabin crew recruitment plan

Were Su-57s in Russia's Victory parade livestream fake? Yes.

Top 10 most advanced fighter jets in 2020

Top 10 Largest Passenger Aircraft In The World

French fighter pilot reports traumatic “attack run” hazing

Not only SpaceX: how well do you know space companies? | Quiz

Top 10 most advanced fighter jets in 2021