Struggling Avianca to get up to $370 million state loan
Fighting-for-survival Columbian airline Avianca (AVHOQ) is about to get the government’s support. Colombian government will lend up to $370…
Aviation Economics & Finance
977 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Emirates gets $2 billion injection from Dubai government
After the president of Emirates Tim Clark’s announcement about cutting thousands of jobs to diminish the airline’s costs…
Air New Zealand suffers first loss since 2002
Air New Zealand has reported its first annual loss since 2002. The air carrier declared a pretax loss…
Portugal acquires Neeleman share in TAP Air Portugal
The Portuguese government reached an agreement with the private shareholders of the TAP airline. The state will increase…
China to surpass recovery, increase flights by 10% over 2019
China expects record air traffic volume between October 1 and 8, 2020, the upcoming holiday week. Over 15…
UAE companies to get U.S sanctions for aiding blacklisted airline
The United States imposed sanctions on two United Arab Emirates-based companies for providing material support to Iranian airline…
Sweden rejects Norwegian credit guarantee
Having survived a near-death experience during the COVID-19 lockdown, low-cost carrier Norwegian seems to be struggling again. The…
Lufthansa subsidiaries to get vital financial injection
The German Economic Stabilization Fund (WSF) has approved financial support for German flag-carrier Lufthansa (LHAB) (LHA) subsidiaries Brussels…
Qatar Airways Al Baker predicts more airline collapses “soon”
Qatar Airways CEO Akbar Al Baker seems less-than-optimistic for the airline sector as he expects more bailouts and…
Why Vistara needs to join an airline Alliance?
Vistara commenced its flight operations back in 2015, for this reason we can call this airline a newcomer…
British Airways CEO resigns amid industry’s “worst crisis”
British Airways Chief Executive Officer Alex Cruz is stepping down with immediate effect. He will be replaced by…
US airlines: battle for government money dissected
On October 1, 2020, CARES act expired, and U.S. airlines – including American Airlines (A1G) (AAL) , Delta…
Average airline cash reserves warn of impending crisis
Despite the best efforts of governments to grant aid to a struggling aviation industry, a cash crisis is…
Boeing set to consolidate 787 assembly, move it out of Everett
Boeing is set to announce the end of the assembly of 787 Dreamliner in Everett, Washington, consolidating the…
World Tourism Organization offers tool to track tourism recovery
The World Tourism Organization (UNWTO) has launched an online tool called the “Tourism Recovery Tracker” to help track…
True scale of COVID-19 pandemic: $17.45 billion losses per month
Since March 2020, airlines have been fighting a battle against all odds. Even with the industry exhibiting some…
Aerospace supplier Latecoere to cut French workforce by a third
Latécoère Group, a French supplier of aerostructures, presented its strategic plan to alleviate the effect of the coronavirus…
BAA Training Vietnam Turns One: Road to Success
Success usually comes to those who put big efforts, take initiatives, and make bold decisions. These ingredients are…