Aviation economics & finance news covering aircraft leasing, financial reports

Malaysia Airlines Group reportedly running out of cash

Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, is running out of cash and likely would be unabl...

British Airways aircraft in Marseille Provence International Air

Investors take up British Airways parent shares for €2.75 billion

British Airways parent company International Airlines Group (IAG) has raised €2.75 billion after placing new shares...

Next step for struggling Norwegian Air Shuttle: nationalization?

The government of Norway considers taking a stake of Norwegian Air as a measure to temporarily nationalize the air carri...

Rolls-Royce to strengthen its balance sheet by £5 billion?

Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately £5 billion. The British engine...

Boeing factory in Everett, Washington where the 747, 777 and 787

Boeing set to consolidate 787 assembly, move it out of Everett

Boeing is set to announce the end of the assembly of 787 Dreamliner in Everett, Washington, consolidating the final stag...

Air New Zealand to draw into $900 million state loan

Air New Zealand has started tapping into a $900 million state standby loan from the government and has already drawn abo...

World Tourism Organization offers tool to track tourism recovery

The World Tourism Organization (UNWTO) has launched an online tool called the "Tourism Recovery Tracker" to he...

Airbus A350-941 on the assembly line in Toulouse

Airbus looking for alternative ways to limit job cuts?

Airbus announced it considers a possible way to keep its employees and limit job losses. The European manufacturer think...

Heavy losses weaken Qatar Airways: state to inject $2 billion

Qatar Airways announced it will receive $2 billion (RM8.3 billion) in state aid after suffering significant annual losse...

True scale of COVID-19 pandemic: $17.45 billion losses per month

Since March 2020, airlines have been fighting a battle against all odds. Even with the industry exhibiting some signs of...

Aerospace supplier Latecoere to cut French workforce by a third

Latécoère Group, a French supplier of aerostructures, presented its strategic plan to alleviate the effect...

Avianca fights for over $2 billion financing

The Colombian airline Avianca announced that it has secured commitments for debtor-in-possession financing for over $2 b...

BAA Training Vietnam Turns One: Road to Success

Success usually comes to those who put big efforts, take initiatives, and make bold decisions. These ingredients are als...

Air China, China Southern and China Eastern aircraft

China to surpass recovery, increase flights by 10% over 2019

China expects record air traffic volume between October 1 and 8, 2020, the upcoming holiday week. Over 15 million...

aircraft leasing plane in shopping cart aerotime news

Trembling Fortress: Accelerating Shifts in Aircraft Leasing

On the first days of March 2020, the aviation leasing market was still expecting to reach $285.5 billion worth by 2026....

Greenpeace to sue Dutch government over KLM bailout

Greenpeace will take legal action against the Dutch government, accused of bailing out the airline KLM with 3.4 billion...

Warning from Airbus: voluntary departures might not be enough

Airbus has reportedly warned its staff about compulsory layoffs in fears that passenger traffic could be recovering from...

Brazil proposes a $376 million injection to Azul Airlines

Azul Airlines, a Brazil-based carrier, received an injection proposal from the Brazilian government that could dilute it...

Asiana receives $2B injection from S. Korea after HDC deal fails

South Korea plans to inject $2 billion (2.4 trillion won) to Asiana Airlines after the carrier’s acquisition deal...

British Airways parent strives to raise €2.75 billion

British Airways owner International Airlines Group (IAG) has placed new shares to prop up the group’s shrinking ba...

China Eastern Airlines Airbus A350XWB taking off in Shanghai

9 of top 10 airline stocks are Chinese, gauge shows

Bloomberg’s gauge of the airline sector shows that over the past three months, almost all of the ten world’s...

Ryanair sells €850 million bond, the first in three years

Irish budget airline Ryanair sold €850 million bond, its first since 2017. The low-cost carrier’s bond sale i...

Aerial view of Air Asia cruising above Fluffy White Clouds

AirAsia seeks $602 million cash injection

AirAsia Group announced that it was seeking to raise $602 million by the end of 2020, after suffering a painful loss as...

Emirates refunded customers more than $1 billion since March 2020

Emirates has processed more than 1.4 million refund requests and returned more than $1.36 billion since March 2020....

New lifeline for Alitalia: EU approves €200 million aid

The European Union (EU) Commission has approved a grant worth €200 million for Italian flag carrier Alitalia. The a...

Ryanair sharpens knives against competitors: raises €400 million

Ryanair has placed new ordinary shares and raised approximately €400 million from shareholders to strengthen its ba...

Norwegian Air Shuttle desire new crisis assistance

Norwegian Air Shuttle is still unable to claw its way out of a financial pit of despair. The airline claims it will need...

Qatar Airways delays Airbus deliveries, still talking with Boeing

Qatar Airways reached an agreement with Airbus to defer deliveries of the airplanes it has on order. Meanwhile, the carr...

Aeroflot expects state guarantees in $940 million loan

Aeroflot Group received a $107 million (RUB7.9 billion) government subsidy and expects to obtain the state guaran...

Struggling Avianca to get up to $370 million state loan

Fighting-for-survival Columbian airline Avianca is about to get the government's support. Colombian government will...

Emirates gets $2 billion injection from Dubai government

The government of Dubai is in rush to rescue Emirate airlines, the flag carrier of the United Arab Emirates, by providin...

Aviation Economics & Finance

Malaysia Airlines Group reportedly running out of cash

Investors take up British Airways parent shares for €2.75 billion

Next step for struggling Norwegian Air Shuttle: nationalization?

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”