Aviation Economics & Finance

Scandinavian airline SAS says it secures $700 million in financing as part of its Chapter 11 restructuring process  ...

Turkish Airlines has posted a net income of $737 million in the first half of 2022.   ...

Loss-making TUI Group to pursue compensation from airports for flight disruptions caused by the recent travel chaos acro ...

Cargo demand and gradual recovery in passenger traffic helped Korean Air to increase operating profit. ...

Embraer posts its highest order backlog since the pandemic, partly helped by continuing growth in the market for executi ...

Germany’s national carrier Lufthansa has reported profit for the first time since the COVID-19 pandemic began. ...

JetBlue reports a second-quarter financial loss due to soaring fuel costs. ...

All Nippon Airways (ANA) returns to profitability for the first time since the beginning of the COVID-19 pandemic. ...

Etihad returns to profitability in the first half of 2022 after years of accumulating losses. ...

Wizz Air is hoping to return to profit in the current quarter after high fuel costs and disruption affected financial re ...

SIA Engineering (SIAEC) posts a $2.9 million operating loss even though demand for its MRO services increased during Q1 ...

A swathe of flight cancellations and delays due to staff shortages costs budget carrier easyJet $136 million in its thir ...

Ryanair returns to profitability during the first quarter of FY2023 but warns of the ‘fragile’ sta ...

Scandinavian Airlines (SAS) has filed for voluntarily Chapter 11 bankruptcy protection in the United States. ...

Qatar Airways returns to profit for its latest financial year and says it has taken international market share ...

Franco-Dutch airline group Air France-KLM has raised $2.4 billion in the latest rights issue. ...

Low-cost carrier Wizz Air is expecting a record summer of flying, but warns of challenges from ATC, airport staffing and ...

Lessor Nordic Aviation Capital (NAC) has emerged from Chapter 11 restructuring process.  ...

Scandinavian airline SAS says “limited progress” was made in implementing the cost-cutting program SAS Forwa ...

Eased travel restrictions helped AirAsia Aviation Group, a subsidiary of Capital A, to significantly increase its revenu ...

Air France-KLM announced a $2.419 billion (€2.256 billion) rights issue to existing shareholders to strengthen the ...

The US fund Apollo is in talks to inject €500 million into one of Air France-KLM’s subsidiaries, which owns a ...

Despite a loss of more than $691 million in H1 2022, easyJet remains confident about a strong summer season.   ...

French transportation and shipping company CMA CGM could acquire up to 9% of Air France-KLM. ...

Better operating performance helped SIA Group to significantly narrow its yearly net loss. ...

Lessor AerCap has taken a $2.7 billion hit for its jets and engines that are stuck in Russia  ...

United Airlines predicts Q2 revenue will be up as much as 25% compared to pre-pandemic levels  ...

SMBC Aviation announces a $6.7 billion deal to buy Goshawk Aviation to create the world’s second largest global le ...

Ryanair is planning to operate more flights this summer than before the COVID-19 pandemic, but cautions recovery is stil ...

Emirates posts a $1 billion (AED 3.8 billion) annual loss for FY21-2022.  ...

Russian flag carrier Aeroflot has announced that it will not publish financial results for the first quarter of 2022. ...

Cargo revenues drive record profits in Korean Air’s financial results for Q1 2022. The carrier expects its passeng ...

Lufthansa says bookings have exceeded pre-pandemic levels, but expects airport problems to persist over the summer  ...

The European Commission has approved a €1.9 million Romanian aid package for Tarom to mitigate pandemic-related fin ...

Spirit Airlines rejects Jetblue's takeover counteroffer to its planned merger with Frontier. ...

Japan’s All Nippon Airways (ANA) anticipates a greater financial loss than previously expected.  ...

Russia allocates $238 million in state aid to local airlines and airports.  ...

Wizz Air sees growing demand ahead of the summer season as it anticipates better than expected operating results fo ...

Delta Air Lines reported a pre-tax loss of $1.2 billion in the first quarter of 2022 but expects a return to profit in Q ...

Brazilian aircraft manufacturer Embraer has posted a net profit of US$2.1 million in the fourth quarter of 2021. ...

Cathay Pacific shrinks its annual loss for 2021, but says ongoing tough restrictions in Hong Kong have made for a tough ...

flydubai reports a $229 million profit as the industry continues to rebound from the COVID-19 pandemic ...

Etihad reduces its losses in 2021 and says it is confident for spring and summer 2022  ...

Finnair warns many flights to Asia will be uneconomic due to Russian airspace closure      ...

IAG says a strong recovery is underway and it expects a return to quarterly profits from the second quarter of 2022 ...

Australian flag carrier Qantas reports another six-monthly loss as the country emerges from lockdowns and reopens its bo ...

Singapore Airlines reports its first quarterly profit since the start of the pandemic, with travel demand picking up and ...

AirAsia X will raise less cash in a rights issue than it initially planned. ...

Norwegian Air Shuttle boasts of a significant improvement in its financial figures for Q4 2021.  ...

Air France-KLM posts positive operating result in its fourth quarter  ...

Atlas Air posts record financial results for 2021 and says it is expecting the strong air freight environment to continu ...

Finnair is preparing for increased demand this summer as restrictions ease in Europe, but is cautious for Asia opening u ...

Airbus is aiming to deliver 720 commercial aircraft in 2022, up from 611 in 2021 ...

Bombardier is expecting to deliver more than 120 aircraft in 2022 and is looking to boost production in 2023 ...

US regional airline SkyWest Airlines has reported a net profit for 2021, but cautions staffing challenges could be an is ...

Icelandair is aiming for a return to net profit in 2022 after recovering to 65% of its pre-crisis capacity in the final ...

Russian carrier Aeroflot halves its net loss in 2021 and says it carried more domestic passengers than before the pandem ...

Ultra low-cost carrier Allegiant Air has posted a net profit for 2021 despite the negative impact of COVID-19. ...

Japanese airline group ANA makes a small profit in its third quarter, citing cargo, domestic recovery and cost controls ...

China’s Big Three airlines expect to report losses for the second year in a row, citing low international air trav ...

Low-cost carrier Ryanair says it will keep reducing ticket prices to boost travel demand after Omicron knocked bookings& ...

A US bankruptcy court has approved Aeromexico’s restructuring plan. ...

Recently restructured Hainan Airlines anticipates a net profit for 2021. ...

Southwest is reducing schedules to mitigate Omicron-related staffing issues that have led to thousands of flight cancell ...

Omicron is preventing JetBlue from making profit right now, but the US low-cost airline is looking forward to a strong s ...

Soaring rates for air cargo amid supply chain disruptions help Korean Air to record annual operating profit in 2021  ...

easyJet expects strong leisure demand this summer, even though Omicron has knocked bookings at the start of 2022 &n ...

Boeing reports a slow but steady recovery in 2021, as rebirth of 737 MAX narrows losses ...

Omicron travel restrictions have set back recovery at Wizz Air, but the low-cost carrier remains optimistic for spring a ...

American Airlines posts a yearly loss of $2 billion as the industry struggles to recover from the pandemi ...

 Omicron has delayed demand recovery, Delta Air Lines says as it unveils a 2021 loss of $3.4B ...

Singapore Airlines boosts its liquidity through $600 million bond issue. ...

Low-cost start-up Avelo Airlines has raised an additional $42 million in the second-round ...

Philippine Airlines has emerged from Chapter 11 proceedings after cutting its debt by over $2 billio ...

Austrian Airlines repays another $34 million in state loan received to help it through the COVID-19 pandemic  ...

Etihad Airways is selling some aviation support businesses, leaving it able to focus fully on its main airline operation ...

Europe’s largest low-cost airline, Ryanair, cuts flying plans and says its losses will be bigger than expected due ...

Aeromexico creditor Invictus Global Management objects to the airline’s proposed fin ...

A US Bankruptcy court has approved Philippine Airlines’ recovery plan, four months after it filed for restruc ...

Iberia and British Airways owner IAG confirms it is in advanced talks to end the planned purchase of Spanish airline Air ...

Virgin Atlantic receives a further $528 million funding from shareholders Virgin Group and Delta Air Lines  ...

Dassault workers on strike seeking wage increase following largest order in company’s history. ...

easyJet expects a return to pre-pandemic levels of capacity for summer 2022 and says it is ready for further uncertainty ...

LATAM Airlines Group has submitted its restructuring plan.  ...

Garuda Indonesia reported a net loss of $1.7 billion for the first nine months of 2021, citing liquidity conce ...

AirAsia Group narrows Q3 2021 net loss. ...

Thai Airways reported a net profit of 50.1 billion baht ($1.5 billion) for the first nine months of 2021. ...

Lufthansa says it has repaid all the financial aid it received from the German government during the COVID-19 crisis &nb ...

Singapore Airlines narrows first-half losses and say it plans to increase capacity to 43% of pre-crisis levels by Decemb ...

LATAM narrows its net loss in the third quarter of 2021, citing increased passenger capacity and revenues. ...

Emirates Airline halves losses in the first six months of its financial year, but says profits are not in sight yet ...

Lufthansa returns to profit in the third quarter and says new bookings are at 80% of pre-crisis levels   ...

Air Canada reverses a decision to cancel two A220 orders and brings forward 737 MAX deliveries to boost its network &nbs ...

JAL predicts international recovery will take some more time, although sees a steady domestic recovery over the next few ...

Russian airline Aeroflot reports a third-quarter net profit thanks to a rise in domestic demand, which is above pre-pand ...

British Airways agrees a new $1.36B loan with the UK export credit agency and a syndicate of banks   ...

Ryanair predicts losses of up to $231 million as it continues to discount tickets to fill its planes   ...

Japan’s ANA says it does not now expect to make an annual profit after COVID-19 outbreaks hit demand in the first ...

Air France-KLM has become the latest airline to report a return to profit for the third quarter after travel restriction ...

Airbus increases its profit target for 2021, citing a rise in deliveries and cost control   ...

Budget airline Norwegian returned to pretax profit in the third quarter and says booking trends are becoming more normal ...

Boeing projects that low-cost carriers in Russia, Ukraine, and CIS will need 1,540 new jets and 83,000 aviation personne ...

JetBlue says booking trends have stabilized after a rise in COVID-19 cases hit September bookings   ...

Finnair expects Asia markets will mostly stay closed until 2022, hurting its financial results   ...

Alaska Airlines reported a net income of $187 million in the third quarter of 2021. ...

American Airlines is confident about travel demand, even after the spread of the Delta variant pushed the airline into a ...

Southwest Airlines reports a net income of $446 million in the third quarter of 2021. ...

Boeing predicts that the Middle Eastern commercial jet and services market will grow to $1.4T by 2040. ...

United Airlines reports a net income of $473 million in the third quarter of 2021. ...