Aviation economics & finance news covering aircraft leasing, financial reports

Boeing 787-9 Dreamliner - American Airlines, Los Angeles Internat

American Airlines posts $2.4 billion net loss, cuts cash burn

American Airlines Group, the holding company of American Airlines (AA), announced a $2.4 billion loss in Q3 2020, compar...

Illustrative Editorial of IAG website homepage

IAG reports €1.3 billion loss, continues to cut capacity

International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financi...

: Aerial view of Lufthansa aircraft parked at Frankfurt Airport (

Lufthansa suffers €1.26 billion loss, expects more

Deutsche Lufthansa, the largest German airline, reported an operating loss of €1.26 billion in the third quarter of...

AirAsia Philippines looks for contributor to secure fresh capital

Ricky Isla, the CEO of AirAsia Philippines, the Philippine affiliate air carrier of AirAsia Group, announced that the ai...

Nordica receives approval for €30 million state-aid package

Nordica, the national air carrier of Estonia, received approval for governmental support which would include a state-gua...

Why Vistara needs to join an airline Alliance?

Vistara commenced its flight operations back in 2015, for this reason we can call this airline a newcomer in the world o...

WTO authorizes EU to impose $4 billion annual tariffs on U.S.

The World Trade Organization (WTO) has authorized the European Union to impose tariffs on the United States (U.S.) goods...

Government denies approving $242 million loan to AirAsia Group

The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted a $242 m...

SpiceJet sued over unpaid leasing dues for more than $27 million

BOC Aviation and Wilmington Trust Services, two Ireland-based companies, sued SpiceJet, an Indian budget airline, for mo...

Rescue of Eastern Airlines: China-owned entities to inject $4.6B

China Eastern Airlines will receive a financial injection of $4.6 billion (¥31 billion) from four different state-ow...

British Airways CEO resigns amid industry’s “worst crisis”

British Airways Chief Executive Officer Alex Cruz is stepping down with immediate effect. He will be replaced by Sean Do...

Qatar Airways Al Baker predicts more airline collapses “soon”

Qatar Airways CEO Akbar Al Baker seems less-than-optimistic for the airline sector as he expects more bailouts and bankr...

AirAsia X to escape liquidation by restructuring $15.3B debt

AirAsia X, a long-haul subsidiary of AirAsia Group, announced its $15.3 billion debt restructuring scheme as a measure t...

US airlines: battle for government money dissected

On October 1, 2020, CARES act expired, and U.S. airlines - including American Airlines, Delta Air Lines and United Airli...

Average airline cash reserves warn of impending crisis

Even though governments across the globe lent a helping hand towards airlines, the aviation industry is looking at an im...

N784AV Avianca Boeing 787-8 Dreamliner departing to Bogota (BIG)

Avianca gets approval for $2 billion financing package

The Colombian airline Avianca announced that the U.S Bankruptcy Court approved its financing plan for over $2 billion, w...

Romania’s air carrier TAROM to get €19.3 million state aid

The European (EU) Commission has approved the state aid of €19.3 million (RON94 million) for TAROM, the Romanian ai...

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...

Aviation Economics & Finance

American Airlines posts $2.4 billion net loss, cuts cash burn

IAG reports €1.3 billion loss, continues to cut capacity

Lufthansa suffers €1.26 billion loss, expects more

AirAsia Philippines looks for contributor to secure fresh capital

Nordica receives approval for €30 million state-aid package

Why Vistara needs to join an airline Alliance?

WTO authorizes EU to impose $4 billion annual tariffs on U.S.

Government denies approving $242 million loan to AirAsia Group

Quo Vadis Aviation Training?

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

Aviator Jack's story: from barista to twin-engine pilot in Australia

Pandemic challenge: Norwegian Captain rejoins Dutch Air Force

Captain Andreea turns author of book dedicated for children

SpiceJet sued over unpaid leasing dues for more than $27 million

Rescue of Eastern Airlines: China-owned entities to inject $4.6B

British Airways CEO resigns amid industry’s “worst crisis”

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

Qatar Airways Al Baker predicts more airline collapses “soon”

AirAsia X to escape liquidation by restructuring $15.3B debt

US airlines: battle for government money dissected

Average airline cash reserves warn of impending crisis

Avianca gets approval for $2 billion financing package

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Norwegian Air Shuttle plans to raise $725 million in cash

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Lufthansa continues cost-cuts, plans to lay off 10,000 staff