Government denies approving $242 million loan to AirAsia Group
The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
WTO authorizes EU to impose $4 billion annual tariffs on U.S.
The World Trade Organization (WTO) has authorized the European Union to impose tariffs on the United States (U.S.)…
Investors take up British Airways parent shares for €2.75 billion
British Airways parent company International Airlines Group (IAG) (IAG) has raised €2.75 billion after placing new shares to…
Malaysia Airlines Group reportedly running out of cash
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, is running out of cash and likely would…
Romania’s air carrier TAROM to get €19.3 million state aid
The European (EU) Commission has approved the state aid of €19.3 million (RON94 million) for TAROM, the Romanian…
Avianca gets approval for $2 billion financing package
The Colombian airline Avianca (AVHOQ) announced that the U.S Bankruptcy Court approved its financing plan for over…
AirAsia X to escape liquidation by restructuring $15.3B debt
AirAsia X, a long-haul subsidiary of AirAsia Group, announced its $15.3 billion debt restructuring scheme as a measure…
Airbus looking for alternative ways to limit job cuts?
Airbus announced it considers a possible way to keep its employees and limit job losses. The European manufacturer…
Air New Zealand to draw into $900 million state loan
Air New Zealand has started tapping into a $900 million state standby loan from the government and has…
“Huge losses” reported by all three major Chinese carriers
Chinese “Big Three” – China Southern Airlines (ZNH), China Eastern Airlines (CIAH) (CEA) and Air China – have…
After €9B state aid, Lufthansa could surrender its best slots
Lufthansa (LHAB) (LHA) and the German government reached an agreement on a €9 billion rescue plan. The state…
Rolls-Royce to strengthen its balance sheet by £5 billion?
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately £5 billion. The British engine…
Next step for struggling Norwegian Air Shuttle: nationalization?
The government of Norway considers taking a stake of Norwegian Air as a measure to temporarily nationalize the…
Lufthansa refuses €9B German rescue plan over EU conditions
Lufthansa (LHAB) (LHA) refused the conditions of the €9 billion rescue plan by the German state after the…
Warning from Airbus: voluntary departures might not be enough
Airbus has reportedly warned its staff about compulsory layoffs in fears that passenger traffic could be recovering from…
Avianca fights for over $2 billion financing
The Colombian airline Avianca (AVHOQ) (AVH) announced that it has secured commitments for debtor-in-possession financing for over $2…
Aeroflot expects state guarantees in $940 million loan
Aeroflot Group received a $107 million (RUB7.9 billion) government subsidy and expects to obtain the state guarantees for…
Norwegian Air Shuttle desire new crisis assistance
Norwegian Air Shuttle is still unable to claw its way out of a financial pit of despair. The…