Brussels Airlines: Lufthansa and Belgian government reach deal
The Belgian government and airline Lufthansa (LHAB) (LHA) have reached an agreement on the rescue of Brussels Airlines.…
Aviation Economics & Finance
964 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Passenger aircraft utilization amidst COVID-19: new solutions
As the COVID-19 swept through the industry many airlines were trying to sustain their daily operations as demand…
AirAsia expects to raise $234M after auditors warning
AirAsia provided an update on its financial situation after auditors, who reviewed its financial statements for FY2019, expressed…
IAG subsidiary LEVEL France to cease operations
A month after LEVEL Europe entered insolvency, OpenSkies, which operates under the LEVEL France brand, announced it would…
AirAsia auditor warns of financial imbalance at the airline
After AirAsia published its Q1 2020 financial statement, the auditor of the report Messrs Ernst & Young warned…
AerCap reports a drop in Q2 2020 lease agreements
Global aircraft lessor AerCap has reported a drop in Q2 2020 lease agreements totaling only 10 aircraft, a…
Avolon cancels another 27 Boeing 737 MAX
After the cancellation of 75 Boeing 737 MAX orders in April 2020, the Irish-based lessor Avolon reduced its…
AirAsia posts a US$187 million loss for the Q1 2020
Malaysia’s budget carrier AirAsia Group Bhd on June 6 reported a first-quarter loss amounting to 803.3 ringgit (US$187…
The new normal promises turbulent times for airports
Partner content | As air traffic volumes and aeronautical revenue streams dry up, airports find themselves under increasing…
More work is needed to maintain a parked aircraft than a flying
In the middle of April, airlines around the globe had put 62% of worldwide aircraft fleet into storage,…
Airbus seeks government compromises to save jobs
Airbus unveiled its plan to cut 15,000 jobs among its workforce, including 5,000 in France and 5,100 in…
KlasJet continue operations while following strict hygiene rules
As the need to transport workers, business people and repatriate citizens during corona-virus knockdown was still there, private…
Aeromexico secures 2nd loan, brings total to $100M
Aeromexico announced receiving a second loan from investment holding company Aimia, which brings the total amount of loans…
Haji-Ioannou shares in Easyjet fall below 30%
Easyjet founder Stelios Haji-Ioannou family’s shares in the company fell under 30%, the low cost carrier revealed on…
Air France plans to cut 7,500 jobs by 2022, unions protest
Air France group reportedly plans to cut more than 7,500 jobs by the end of 2022. The flag…
SAS announces recapitalization plan; to raise $1.5 billion
Despite earlier measures to keep the company intact, Scandinavian Airlines Systems (SAS) announced a recapitalization plan in order…
Norwegian cancels all remaining Boeing orders
Norwegian Air Shuttle announced it would cancel its pending order for 92 Boeing 737 MAX and 5 Boeing…
Air France-KLM to receive €3.4 billion in Dutch aid
Two months after France decided to grant €7 billion to the airline group, the Netherlands comes to the…