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…
Browsing Category
Aviation Economics & Finance
1063 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
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…
Trembling Fortress: Accelerating Shifts in Aircraft Leasing
On the first days of March 2020, the aviation leasing market was still expecting to reach $285.5 billion…
Greenpeace to sue Dutch government over KLM bailout
Greenpeace will take legal action against the Dutch government, accused of bailing out the airline KLM with 3.4…
Brazil proposes a $376 million injection to Azul Airlines
Azul Airlines, a Brazil-based carrier, received an injection proposal from the Brazilian government that could dilute its stock…
Asiana receives $2B injection from S. Korea after HDC deal fails
South Korea plans to inject $2 billion (2.4 trillion won) to Asiana Airlines after the carrier’s acquisition deal…