Qantas returns to profit after three years of losses totaling AUD7 billion
After three years of consecutive losses totaling AUD7 billion ($4.7 billion), Qantas has announced that it is profitable…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Gediminas Ziemelis: Predicted shortage of 300,000 pilots, grim reality facing airlines
In 2022, aviation surveys and reports by leading aviation bodies predicted an imminent pilot shortage, and the situation…
Air Astana announces full-year 2022 results, says figures ‘exceed expectations’
Air Astana announced that its full-year 2022 results “exceeded expectations” even if the airline faced unfavorable external factors…
Singapore Airlines expects robust travel demand in China
Singapore Airlines recorded its highest-ever quarterly operating profit, nine-month operating, and net profit. The airline group earned $4.8 billion…
EFW adds more Airbus A321 P2F conversion capacity with partnership in China
Elbe Flugzeugwerke GmbH (EFW) and Sichuan Haite Hi-Tech (Haite) have announced signing a Letter of Intent (LoI) to…
Lufthansa appoints new chief commercial officer
Lufthansa has announced some key managerial changes, with chief commercial officer (CCO) Stefan Kreuzpaintner taking over the role…
JetBlue asks DOT to investigate ‘anti-competitive’ allocation of AMS slots
The United States (US) Department of Transportation (DOT) began proceedings against the Government of the Netherlands following a…
Air France-KLM posts profit, repays government support
On February 17 the Air France-KLM Group presented its consolidated 2022 full year results, which showed a combined…
Norwegian consolidates recovery, posts operational profit in 2022
After a few difficult years and a near-death experience, it seems that Norwegian is finally out of the…
Finnair sees air travel ‘uncertainty’ continuing in 2023
While Finnair’s revenue grew exponentially throughout 2022, a large operating loss and “uncertainty” will continue to prevail in the…
Boeing beats rival Airbus in orders and deliveries, starts 2023 on a high note
Boeing started the year on a high note, managing to sell and deliver more aircraft than its European…
Could JetSMART swoop in and acquire the restructuring Viva Air?
With Viva Air announcing its restructuring and the Colombian authorities yet to render a decision on its merger…
Air Arabia nets record AED 1.2 billion profit, doubles 2022 passenger numbers
Air Arabia has announced a record net profit for FY22 of AED 1.2 billion ($326.7 million), an increase…
Colombia-based Viva Air initiates restructuring process
Colombia-based low-cost carrier Viva Air has initiated a Business Recovery Process (Proceso de Recuperación Empresarial, PRE), as it…
Russia approves UAE-based Global Jet Technic to repair Airbus, Boeing aircraft
Russia’s Federal Air Transport Agency (FAVT), also known as Rosaviatsiya, has approved the Dubai, United Arab Emirates (UAE)-based Global…
Ex-S7 Airlines 737 MAX spotted with Qatar Airways tail and winglets
A former S7 Airlines Boeing 737 MAX was spotted bearing Qatar Airways tail and winglet designs, suggesting that…
Southwest: ‘We know we messed up’ on the Holiday meltdown
Southwest Airlines Chief Operating Officer (COO) Andrew Watterson has appeared in front of a United States (US) Senate…
EU probes open skies agreement with Qatar following corruption scandal
Members of the European Parliament (MEPs) have begun to probe an open skies agreement between the European Union…