Viva Air announces immediate suspension of operations, blames authorities
Viva Air has announced the suspension of its operations with immediate effect, blaming the Civil Aviation Authority of…
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Aviation Economics & Finance
1063 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
More than 50 IndiGo and Go First aircraft grounded due to P&W engine issues
More than 50 IndiGo and Go First planes are on the ground in India due to Pratt &…
Emirates exploring codeshare possibilities with Air India
Emirates has been exploring options to codeshare on flights with Air India, as the Indian flag carrier continues…
SpiceJet confirms debt-to-equity swap with lessor Carlyle Aviation
SpiceJet finalized a deal with its lessors, including Carlyle Aviation Partners, to settle its debts during a board…
How airlines buy new aircraft: a mix of price, strategy and in-flight innovation
Behind every successful airline is a fleet of carefully selected aircraft, carrying out an array of operations from…
Market consolidation in Spain, Iberia acquires Air Europa
Major consolidation is coming to the Spanish airline industry. Spain’s flag carrier Iberia, which is part of the…
Is the current passenger-to-freighter aircraft conversion market too optimistic?
The global cargo industry has witnessed a number of interesting changes during the past few years. Unlike yields…
Air New Zealand plans to take 13 aircraft in the next five years
Air New Zealand announced plans to take 13 aircraft in the next five years. This comes after the…
Carlyle Aviation agrees to convert SpiceJet’s debt into equity in the carrier
India-based low-cost carrier SpiceJet has agreed with the aircraft lessor Carlyle Aviation to convert its aircraft lease dues…
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…
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…