Etihad Airways’ struggles: Has ME3 turned into ME2? | Data
The Big Three Middle Eastern airlines are synonymous with luxury and status: a feature that allows them to…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Bombardier reports increased revenues for Q1 2021
The Montréal-based manufacturer Bombardier said it expected a turnover of $1.3 billion, an 18% year-on-year increase, as it…
Transat to receive up to $570 million financial aid from Canada
Transat reached an agreement with the Canadian authorities which will provide it with up to $570 million (CA$700…
Virgin Atlantic eyes transatlantic service return, posts £659 million loss
On April 30, 2021, British air carrier Virgin Atlantic released its annual financial results for the year of…
Boeing reports improved finances in Q1, blames loss on 787
Boeing reports a $0.561 billion loss and a 10% fall in revenue for the first quarter of 2021,…
Romania’s national carrier TAROM to cut its fleet by half
The Romanian national carrier TAROM has put up for sale 14 of the 29 aircraft in its fleet,…
SmartLynx focuses on growth in Germany
SmartLynx Airlines will be operating full charters for TUI Deutschland and Involatus. From summer 2021, it will fly…
Korean Air to end Q1 2021 with operating profit
While most airlines are still counting losses, the biggest South Korean air carrier Korean Air is expected to…
Etihad Airways pushes air travel recovery hopes to 2024
Etihad Airways hopes the air travel demand will recover only by 2023, but a significant rise will already…
Emirates, Etihad, Qatar: who started 2021 stronger? | Data
Just like the rest of the industry, the three largest Middle Eastern airlines had a tough 2020. All…
Rostec to merge UAC, Sukhoi, MiG into single facility
The Russian state corporation Rostec announced that the United Aircraft Corporation (UAC), and the fighter manufacturers Sukhoi and…
Russia plans to ban its airlines from registering planes abroad
Russian aviation authority plans to ban Russian airlines from operating foreign-registered airplanes.According to state news agency TASS, the…
Ukraine to nationalize Motor Sich, An-225 Mriya engine maker
Ukraine announced the nationalization of the engine manufacturer Motor Sich to prevent its acquisition by Chinese investors, because…
AerCap confirms GECAS purchase
AerCap, a major aircraft leasing company, confirmed that the company is currently in active discussions with General Electric…
Frontier and Sun Country file an IPO, looking to raise cash
Two low-cost carriers in the United States have filed their applications for an Initial Public Offering (IPO), as…
Boeing ponders a $4 billion credit facility
As Boeing’s fortunes are yet to turn around, the manufacturer is looking at the possibility to acquire a…
Crisis-hit Etihad reports $1.7 billion loss for 2020
Severely hit by lower demand amid the pandemic, Etihad Airways reported an operating loss of $1.7 billion for…
British Airways owner IAG suffers biggest loss in its history
International Airlines Group (IAG) (IAG), the owner of British Airways, plunged to the biggest loss in its history,…