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…
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Aviation Economics & Finance
1062 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
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…
Air Canada raises additional capital to bolster cash positions
Air Canada (ADH2) raised an additional $909 million (CAD1.23 billion) of capital in order to bolster its financial…
Berlin fails to convince main shareholder as Lufthansa leaves DAX
The aviation giant Lufthansa (LHAB) (LHA) officially left the DAX index which regroups the biggest German companies on…
An increasing debt that won’t be sustainable for a long time
Three months after the lockdown was announced all over the world, what is the current situation of civil…
Death of the low-cost carrier in Europe?
Over the past decade, low-cost carriers around the world made huge strides in capturing more and more of…
Lufthansa has 26,000 employees too many; pilots cut wages by 45%
While the saga of the $9.8 billion (€9 billion) state aid package to Lufthansa (LHAB) (LHA) is yet…
Qatar Airways Al Baker reiterates support for bankrupt LATAM
Qatar Airways says it has enough liquidity on its own and does not need the government’s help to…
French state unlocks €15 billion to support aerospace sector
The French Minister of Economy and Finance, Bruno Le Maire, announced a massive support plan for the country’s…
Austrian Airlines to receive €600 million state aid package
Austrian Airlines, the flag-carrier of Austria, announced that it will be getting a sum of €600 million euros…
Emirates and Etihad extend wage cut to September 2020
The two gulf companies Emirates and Etihad have decided to prolong to September 2020 the wage reduction they…
Cost of the crisis? Lufthansa burning $896 million per month
There is no doubt that the coronacrisis is an unprecedented event in the history of the aviation industry.…