In a bid to reduce costs, UPS is offering pilots early retirement buyouts
UPS, the shipping company with its own fleet of aircraft, is offering its pilots early retirement buyouts in…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Anticipating Q3 profit, has Norse made long-haul low-cost work?
With Norse Atlantic Airways anticipating its first-ever profitable quarter in Q3 2023, has the airline finally cracked the…
Avia Solutions Group H1 2023 results: EBITDA grew by 20% up to €133 million
Avia Solutions Group, one of the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) providers, has unveiled its…
Monarch Airlines postpones relaunch, citing lack of cash
Monarch Airlines has decided to postpone its launch, citing the lack of cash. “This is not a decision…
TAP Air cites key long-haul market performance for its positive H1 result
TAP Air Portugal, the flag carrier of Portugal, has showcased strong results in its key long-haul markets, resulting…
Boeing opens up two credit facilities for up to $3.8 billion
Boeing has opened up two credit facilities from two different lenders for a total of $3.8 billion.In a…
JetBlue plans to hike Spirit Airlines fares, potentially jeopardizing merger
A redaction mistake has revealed that JetBlue had plans to hike Spirit Airlines’ fares following a merger of…
Qantas details Airbus A380 retirement plans with new order
Qantas has detailed retirement plans for its largest aircraft, the Airbus A380, alongside a new order for more…
Air New Zealand expects unprecedented demand to normalize in FY2024
Air New Zealand has finally returned to profitability due to a pick-up in demand but expects the situation…
Summer 2023 ‘one of the best’ says Norwegian CEO
Norwegian, the Norway-based low-cost carrier, said it is experiencing “one of the best” summer seasons in 2023.“The summer…
Kuwait Airways progressing steadily toward profitability
Kuwait Airways said that it is progressing steadily towards profitability, with the company cutting its losses in half…
Ryanair celebrates court win against online travel agency Kiwi
Ryanair welcomed the recent ruling of the Civil Court of Milan against online travel agency (OTA) Kiwi.In a…
BAE Systems completes $5.55 billion acquisition of Ball Aerospace
British multinational BAE Systems has announced its strategic acquisition of Colorado-based Ball Aerospace for $5.55 billion.The deal aims…
Ryanair compares Italy’s domestic price cap to measures used in the Soviet Union
Ryanair Group’s Chief Executive Officer (CEO) Eddie Wilson has expressed criticism for the newly introduced ticket price caps…
At a critical time for the airline, airBaltic returns to profit
airBaltic has returned to profitability, despite many external factors going against the Riga Airport (RIX)-based airline. The flag carrier…
Turkish Airlines claims it now ranks ‘#1 by destination countries’ globally
Turkish Airlines has announced that it now ranks number one in the world in terms of destination countries, a claim it…
As Cathay Pacific celebrates its H1 result, the airline’s pilots look to strike
As Cathay Pacific posted a positive H1 result, the like of which it has not seen for over…
Frankfurt Airport parent Fraport sees a lot of positives in H1 2023
The parent company of Frankfurt Airport (FRA), Germany, as well as other airports throughout the globe, Fraport, saw…