Emirates Group announces record annual profit of $5.1 billion, up 71%
The Emirates Group has announced its financial results for the 2023-24 fiscal year. Comprising the airline Emirates and…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Abra Group, Avianca’s parent company, buys stake in Spanish carrier Wamos Air
Abra Group, the parent company of Avianca and Brazilian low-cost carrier GOL, announced, on May 9, 2024, that…
Thai Airways to complete restructuring process in 2024 despite ongoing issues
Thai Airways International (Thai) has announced that it expects to complete its current restructuring process later in 2024.…
Etihad Airways reports strong profit growth in Q1 2024
Etihad Airways has disclosed its financial results for the first quarter of 2024. The airline reported a profit…
Ryanair’s complaint against Condor’s 2021 state aid upheld by European Court
On May 8, 2024, the European Union’s General Court annulled a previous decision made by the European Commission…
Embraer reports reduced net loss and strong backlog in Q1 2024 earnings
Embraer, the Brazilian aircraft manufacturer, has released its earnings report for the first quarter of 2024. Revenue for…
Lufthansa Group makes $785M Q1 loss but outlook remains positive for summer 2024
Germany’s Lufthansa Group has detailed its latest plans to drastically cut expenses following the publication of the airline’s first-quarter…
Boeing posts $355 million loss, CEO says focus remains on strengthening safety
On the same day Boeing published its latest quarterly financial results the President and CEO Dave Calhoun wrote…
Vinci Airports to acquire a majority stake in Edinburgh Airport for £1.27B
Vinci Airports, the airport concessions subsidiary of the French construction and infrastructure management group, has acquired a majority…
Estonian government cancels the sale of Nordica
The Estonian government has reportedly stopped the process to sell the Nordic Aviation Group (NAG), which operates under…
Natilus and MONTE to facilitate blended-wing-body aircraft leasing
On April 11, 2024, Californian startup Natilus and UK-based lessor MONTE Aircraft Leasing announced that they have entered…
Delta Air Lines announces financial results for the first quarter of 2024
Delta Air Lines has revealed its financial results for the first quarter of 2024 (1Q24) quarter and has…
Avia Solutions Group reports strong 2023 financial results, sees growth ahead
Avia Solutions Group, the world’s largest ACMI provider (Aircraft, Crew, Maintenance, and Insurance) services, announced its audited financial…
GE Aerospace becomes independent public company after split from GE Vernova
General Electric has completed the separation of its businesses. GE Aerospace, the US engine manufacturer, is now listed…
Air Malta ceases operations, replaced by KM Malta Airlines
Air Malta ceased operations on March 30, 2024, and was replaced by KM Malta Airlines the following day.…
Avia Solutions Group Chairman Gediminas Ziemelis: 3 trends reshaping airlines
The aviation industry is finally entering a new cycle, where everything is headed in an upward trajectory. That…
Air Canada publishes 2023 financial report, highlights the year’s achievements
On March 26, 2024, Air Canada published its 2023 Annual Report which also highlighted the carrier’s main achievements…
PLAY to offer a further public share sale in April 2024 to fund future growth
Icelandic low-cost carrier PLAY Airlines has announced that it will undertake a further share offering in April 2024…