IndiGo beats expectations with latest Q2 profit figures of £23 million
Indian low-cost carrier IndiGo has announced better-than-expected financial results for the second quarter of 2023 (Q2). Buoyed by increasing…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
SAS secures $1.2 billion injection from consortium to fund restructuring
Scandinavian carrier SAS has reportedly secured an investment of 13.2 billion Swedish Crowns ($1.21 billion) to aid its…
Bombardier reports robust Q3 2023 financial results
Canadian aerospace company Bombardier has released its Q3 2023 financial results, reporting substantial growth in revenues. In Q3 2023,…
Air France-KLM and GOL extend commercial partnership for 10 years
Air France-KLM and Brazilian low-cost carrier GOL Linhas Aéreas (part of the Abra Group of airlines) have extended…
Bamboo Airways exits long-haul markets, axes Dreamliner fleet
Bamboo Airways, Vietnam’s third largest airline, is withdrawing from the long-haul market as part of an ongoing effort…
Lockheed Martin revises F-35 delivery targets amid developmental issues
Lockheed Martin expects to deliver 97 F-35 fighter jets in 2023, as it faces developmental delays with the…
REGENT Craft raises $60 million, inks Japan Airlines partnership
REGENT Craft, an American startup developing a new generation of ground effect vehicles, has announced assorted developments that…
Fury among United flight attendants after carrier announces huge aircraft order
United Airlines flight attendants have reacted with fury to the carrier’s multi-billion-dollar order for new aircraft being announced. On…
SAS restructures its capital, joins Air France-KLM orbit
Nearing the end of its financial restructuring process, SAS is facing a deal that will bring significant changes…
KLM averts pilot strike action at the last minute
KLM, the de facto Dutch flag carrier, has averted a pilots’ strike after the airline and the union…
Spanish banking giant Caixabank, leases five A330s to DHL
Caixabank, Spain’s third largest financial institution, has entered the international aircraft leasing business with a deal for five…
Icelandair remains bullish on full-year profit
Icelandair remains confident it will still generate a full-year profit, despite facing a series of challenges in the…
American Airlines halves Q3 2023 operating profit guidance
American Airlines provided an update regarding its Q3 2023 guidance, warning investors that it expects operating profit to…
Fraport prepares to divest from Saint Petersburg’s Pulkovo Airport
German airport operator Fraport is in talks to sell its stake in Saint Petersburg’s Pulkovo Airport (LED) before…
Lessor AerCap recovers $645M for 17 aircraft and five engines stranded in Russia
Aircraft leasing company AerCap said it received a cash settlement of $645 million for 17 aircraft and five…
Indian low-cost carrier IndiGo sets up aircraft leasing subsidiary
IndiGo is setting up its own aircraft leasing arm in the northwestern Indian state of Gujarat, according to…
Qantas CEO exits role earlier than scheduled due to mounting pressure
Qantas Chief Executive Officer (CEO) Alan Joyce has left his post earlier than scheduled after the airline faced…
State-owned Russian lessor GTLK to launch $600 million drone leasing program
State-owned Russian aircraft lessor GTLK is readying the launch of a $625 million (61 billion RUB) leasing program…