Boeing shelves annual financial guidance to emphasize company’s focus on safety
Boeing has published its fourth quarter and year-end 2023 results, but without including any of the “financial and…
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Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Wizz Air reports $196 million loss in Q3 2023 but growth to continue in 2024
Wizz Air has announced higher-than-expected losses for the third quarter (Q3) of 2023 as the airline continues to…
Brazilian low-cost airline GOL files for Chapter 11 bankruptcy protection
In a move widely expected by aviation analysts, Brazilian low-cost airline GOL Linhas Aéreas Intelligentes (GOL) has announced…
EU competition authorities to investigate acquisition of Air Europa by Iberia
The European Commission has launched an investigation into the proposed acquisition of Air Europa, Spain’s second largest airline,…
EC launches investigation into Lufthansa’s acquisition of ITA Airways
The European Commission (EC) has opened an investigation into Lufthansa’s proposed acquisition of an equity stake in Italian…
United Airlines posts $3.3B profit for 2023 but MAX grounding will affect 2024
United Airlines posted a $3.3 billion profit for 2023. However, the airline is warning that the ongoing situation…
Vertical Aerospace receives further $50M from founder to fund certification
British advanced air mobility startup Vertical Aerospace announced on January 22, 2023, that its founder and CEO, Stephen…
After its failed JetBlue merger, what does the future hold for Spirit Airlines?
With its planned merger with fellow US carrier JetBlue blocked by a federal judge, the future looks far…
SriLankan Airlines’ finances scrutinized as carrier defaults on debt repayments
SriLankan Airlines, the national airline of Sri Lanka, has reportedly defaulted on a third consecutive payment on its…
Singapore Airlines sees passenger numbers soar in December 2023
Singapore Airlines has reported that it saw passenger numbers continue to soar in 2023 as the carrier continued…
Brazilian airline GOL reported to be seeking US bankruptcy protection
Brazilian low-cost carrier GOL could be considering filing for Chapter 11 bankruptcy protection in the United States as…
Air Astana prepares IPO in Kazakhstan and London to fuel further growth
Kazakhstan’s largest airline Air Astana has announced plans to have an Initial Public Offering (IPO) before the end…
Leasing firm BOC Aviation reports record number of transactions in 2023
Global aircraft leasing firm BOC Aviation (BOC) has announced that it concluded a record number of transactions in…
Flair/Bonza owner in $30M legal dispute with lessors over 737 lease debts
The US-based private investment firm that owns budget carriers Flair Airlines in Canada and Bonza in Australia is…
Norse sees strong forward bookings for 2024 and expects first profits
Norwegian long-haul budget carrier Norse Atlantic Airways (Norse) has reported that its forward bookings are up 77% year-on-year…
Capital A to merge Air Asia X with remaining Air Asia airlines
Tony Fernandes, CEO of Capital A, the parent company of Air Asia, has announced the group is divesting…
December 2023 business aviation overview: a month of records
As we reflect on December 2023, the business aviation sector presents a fascinating mix of trends. The US…
Ethiopian Airlines secures $450 million loan for Boeing 737 MAX 8s and 777Fs
Ethiopian Airlines has secured a $450 million loan from Citibank to finance five new Boeing aircraft. The loan…