Asiana Airlines narrows losses due to cargo business growth
On February 16, 2021, Seoul-based air carrier Asiana Airlines announced that it narrowed its 2020 operating and net…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
China, Ukraine in row over An-225 Mriya engine maker Motor Sich
Ukrainian President Volodymyr Zelensky signed an order to impose sanctions on the Chinese company Skyrizon and its chairman…
Korean Air ends year with $213 million operating profit
While most of the airlines report huge losses amid COVID-19 pandemic, the biggest South Korean air carrier Korean…
Boeing reports huge quarterly loss, 777X launch delayed to late 2023
Boeing reported a net loss of $8.42 billion in the fourth quarter of 2020. Throughout the year, the…
Is American Airlines the new GameStop ($GME) stock?
With the stock market becoming a war ground, highlighting the differences between the old and new, could American…
JetBlue captured cash-generating opportunities to reduce losses
JetBlue (JBLU) indicated that one of its ways to reduce its losses throughout 2020 was to capture cash-generating…
American Airlines posts $8.9 billion loss in challenging 2020
Affected by the drop in demand due to the COVID-19 pandemic, American Airlines (A1G) (AAL) reported a net…
AirAsia Group to raise funds via private placement
AirAsia Group plans to raise cash via private placement in order to address interim cash flow requirements. On January…
Koeran Air to raise cash for Asiana takeover
The biggest South Korean airline Korean Air announced it would raise more money by selling its stock sales…
United Airlines takes strict strategy of annual cost-cutting
Having burned an average of $33 million per day in Q4 2021, United Airlines plans to cut up…
US sets new tariffs on plane parts from France & Germany
The United States (US) is set to kick in new tariffs on aircraft parts from France and Germany.…
Nordica to acquire LOT stake in Xfly, become sole owner
Estonia’s flag-carrier Nordic Aviation Group (Nordica) reached an agreement with LOT Polish Airlines to obtain LOT’s 49% share…
Boeing-Airbus row: Trump administration plans new tariffs
Accusing the European Union of levying too many taxes on U.S. products as part of the ongoing dispute…
Finland to help Finnair with €400 million hybrid loan
The Finnish government plans to support the national flag-carrier Finnair granting an unsecured hybrid loan of up to…
Cathay Pacific warns about “significantly higher” loss in H2
Hong Kong flag-carrier Cathay Pacific counts higher second-half loss than its record loss in first-half of 2020, as…
Experts: Ryanair’s debt to triple to €1.2 billion, recovery in 2022
Irish low-cost airline Ryanair would face three times higher debt by the end of the financial year of…
Airbus Boeing tariff wars: UK to skip the conflict?
Amid the ongoing tariff war, the UK announced plans to stop imposing tariffs on Boeing aircraft after Brexit. The…
Cold winter ahead: SAS reports record loss of $1.2 billion
SAS is ending the year with a historical annual loss of $1.2 billion and is preparing for more…