Desperate times need desperate measures? Boeing sells $13M yacht
A luxurious yacht, sat on the shores of Lake Union in Seattle, Washington, United States has new owners.…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Dutch government freezes €3.4 billion aid to KLM
The government of Netherlands froze €3.4 billion-worth of financial aid to KLM Royal Dutch Airlines (KLM), after the…
What Trump versus Biden means for Aviation industry
The US presidential election will take place on November 3, 2020. It is arguably one of the most…
Which aviation trends could lead to recovery? | David Goodger
David Goodger, the Senior Economist at Oxford Economics, shares his outlook on travel industry recovery from record falls…
Despite net loss of €767 million, Airbus stops cash burn
European plane manufacturer Airbus suffered €767 million the COVID-19 related loss in Q3 of 2020, showed financial results…
Saudi Arabian Airlines sued over unpaid rent dues
Saudi Arabian Airlines is looking at a lawsuit over unpaid rent and maintenance dues over 50 Airbus aircraft…
Rolls-Royce to place new shares for $2.6 billion
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately $2.6 billion. In order to…
EasyJet raises $398M from sales and leaseback of 9 Airbus jets
A British low-cost airline EasyJet raised total cash proceeds of $398.6 million after completing the sale and leaseback…
Virgin Australia has $75 million unpaid dues, lessor claims
Aviation PLC (AVAP), a Singapore-based commercial passenger aircraft leasing company, made financial claims on its debtor Virgin Australia…
Malaysian AirAsia secures $72 million loan
AirAsia Group, a Malaysia-based investment holding company, secured a $72 million loan from Sabah Development Bank Berhad and…
American Airlines posts $2.4 billion net loss, cuts cash burn
American Airlines Group, the holding company of American Airlines (A1G) (AAL) (AA), announced a $2.4 billion loss in…
IAG reports €1.3 billion loss, continues to cut capacity
International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financial results for the…
Heavy losses weaken Qatar Airways: state to inject $2 billion
Qatar Airways announced it will receive $2 billion (RM8.3 billion) in state aid after suffering significant annual losses…
Nordica receives approval for €30 million state-aid package
Nordica, the national air carrier of Estonia, received approval for governmental support which would include a state-guaranteed loan…
AirAsia Philippines looks for contributor to secure fresh capital
Ricky Isla, the CEO of AirAsia Philippines, the Philippine affiliate air carrier of AirAsia Group, announced that the…
Lufthansa suffers €1.26 billion loss, expects more
Deutsche Lufthansa (LHAB) (LHA), the largest German airline, reported an operating loss of €1.26 billion in the third…
Rescue of Eastern Airlines: China-owned entities to inject $4.6B
China Eastern Airlines (CIAH) (CEA) will receive a financial injection of $4.6 billion (¥31 billion) from four different…
SpiceJet sued over unpaid leasing dues for more than $27 million
BOC Aviation and Wilmington Trust Services, two Ireland-based companies, sued SpiceJet, an Indian budget airline, for more than…