Lufthansa Group grows in August; provides update on Eurowings
The German airline group, which has recently hit the headlines for the comments made by its CEO Carsten…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Safran reports strong financial results despite 737 MAX impact
French aerospace group Safran saw its operating income increased by more than 35% in the first half of…
“We are not bankrupt” Interjet claims
Mexican low cost airline Interjet “categorically denies” a claim that it is bankrupt. The statement comes following a…
AirAsia X remains loyal to A320neo Family, cuts A330neo options
AirAsia X, the long-haul unit of the AirAsia Group, sings a firm order for 12 A330-900 and 30…
Rolls Royce joins Widerøe’s electrical aircraft program
Rolls-Royce and Widerøe announced joining forces on a research program that ultimately strives to develop an electrical aircraft…
US, EU authorities remove wet leasing time limits
The United States, European Union, Iceland, and Norway sign an agreement, removing time constraints on aircraft wet leasing. The…
Virgin Australia reports loss for 7th year in row, plans job cuts
Virgin Australia Group, the parent company of the second largest airline in Australia, has reported $315.4 million loss…
On thin ice: Cathay Pacific grows in July but remains skeptical
As the protests in Hong Kong escalate further, Cathay Pacific finds out that its previous forecasts of falling…
Boeing MAX ‘situation’ costs airlines $1B per month
In March 2019, aviation regulators and airlines around the world grounded the Boeing 737 MAX airliner after two…
Global ACMI will reach $7.07 B by 2025
Just until recently wet leasing was considered a way to solve short term problems like seasonal volumes, maintenance…
Cathay Pacific profit grows, provides prospects for H2 2019
Cathay Pacific, amidst a restructuring plan, has announced its results for H1 2019. The airline group, which consists…
Airbus showcases strong H1 2019; profit, deliveries soar
At the halfway mark of 2019, Airbus’ profits climbed high. The European aerospace giant ramped up the production…
Air France-KLM to retire its last A380 by 2022
After months of uncertainty on the fate of the A380, Air France-KLM finally announced it would sell the…
Despite growing revenues, Lufthansa remains at loss in H1 2019
Lufthansa (LHAB) (LHA) reports losing €116 million in the first half of 2019 financial year. While the last…
Malaysia Airlines turns to Morgan Stanley in recovery scramble
Malaysia’s sovereign wealth fund has hired Morgan Stanley to explore strategic options for Malaysia Airlines, including a potential…
Ryanair profits plunge in Q1 of FY20
The biggest low-cost carrier in Europe, Ryanair publicized their financial results for Q1 of FY20 on July 29,…
Boeing reports biggest loss of its history due to 737 MAX crisis
Boeing reported a loss of nearly $3 billion in the second quarter due to the worldwide grounding of…
Not affected by MAX: Delta reveals “best in history” Q2 results
Delta Air Lines presented the second quarter of 2019 financial results, calling them “record”. The airline achieved a…