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,…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
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,…
Safran maintains profit in 2020 despite pandemic
The French aerospace group Safran managed to generate a net profit of €352 million in 2020. The engine…
Airbus vs Boeing: making sense of the crisis | Data
In our mid-year overview of the situation Airbus and Boeing found themselves in, we made two conclusions: first…
British Airways finalizes negotiations over government-backed £2 billion loan
British Airways finalized negotiations in two financing agreements that will boost the airline’s liquidity by £2.45 billion ($3.4…
Finnair plans to buyback its own shares
On February 19, 2021, Finland’s flag-carrier Finnair announced the plans to rebuy its own shares. “Finnair has decided to…
Air France-KLM warns of ‘challenging’ Q1, posts €7.1B net loss
On February 18, 2021, Air France-KLM reported its net loss of €7.1 billion ($8.6 billion) in 2020, as…