German state sells remaining stake in Lufthansa
The German state has sold its remaining shares in Lufthansa Group after acquiring up to 20% in order to keep…
Browsing Category
Aviation Economics & Finance
1063 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
SAS, hit by strikes and Chapter 11, prepares to recruit staff for summer 2023
SAS is preparing to take on substantially more staff for summer 2023, expecting an increase in demand. Many airlines…
Norwegian eyes “next chapter” after renegotiated Boeing 737 deal
Low-cost carrier Norwegian said current booking trends are positive and a recently negotiated deal with Boeing for narrowbody…
BOC Aviation writes down $804 million for 17 jets stranded in Russia
Singapore-based aircraft leasing company BOC Aviation reported a net loss after tax of $313 million for the first…
SAS secures $700M financing to support operations during Chapter 11
Scandinavian airline SAS has secured $700 million of financing to support operations through its Chapter 11 restructuring process. The…
Turkish Airlines posts $737 million net income for H1 2022
Turkish Airlines reported a net income of $737 million in the first half of 2022 with revenues in…
Cathay Pacific narrows H1 loss despite severe restrictions
Hong Kong’s flag carrier Cathay Pacific has narrowed its half-year loss despite being among the worst hit worldwide…
Stefano Bortoli appointed CEO of ATR
ATR, with the unanimous support of its shareholders Airbus and Leonardo, has appointed Stefano Bortoli, currently President of…
Cargo demand helps Korean Air increase Q2 operating profit
Air cargo demand and a gradual rebound in passenger traffic has helped Korean Air increase its operating profit…
Private jets help Embraer post highest order backlog since pandemic
Embraer reported its highest order backlog since the start of the pandemic, with the market for private jets…
Lufthansa posts Q2 profit despite geopolitical uncertainty in Europe
Germany’s national carrier Lufthansa (LHAB) (LHA) recorded an operating profit in Q2 for the first time since the…
JetBlue posts second-quarter loss amid surging fuel costs
JetBlue (JBLU) has reported a second-quarter financial loss due to soaring fuel costs. In Q2 2022, the airline…
ANA shows signs of recovery after returning to profit
All Nippon Airways (ANA) has returned to profitability for the first time since the beginning of the COVID-19…
Cost containment and travel demand help Etihad return to profitability
Etihad has returned to profitability in the first six months of 2022 after six years of accumulating multi-billion-dollar…
Boeing prepares Dreamliners for delivery but Q2 profits drop
Boeing is preparing 787 Dreamliners for delivery, the aerospace giant announced when reporting a drop in profits for…
Wizz Air expects return to profit after Q1 hit by disruption and high fuel costs
Wizz Air was hit by disruption, the war in Ukraine and high fuel costs in the first quarter…
Travel disruption costs easyJet $136M in first part of summer 2022
easyJet said ongoing travel disruption due to staff shortages across the aviation industry has cost it £133 million…
Strong travel demand helps Ryanair return to profitability
Irish low-cost carrier Ryanair has returned to profitability in the first quarter of FY2023. However, the airline warned…