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…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
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…
Why did Airbus stop publishing aircraft list prices?
According to recent media reports, Airbus is halting a long-held policy of publishing the catalog prices for its…
United States prepares new set of tariffs over Airbus-Boeing row
The Office of the United States Trade Representative (USTR) presented a set of new tariffs on European products…
Did you know how expensive is flying?
Over the last decade, with the rise of low-cost airlines, flying became accessible to the masses – over…
United Technologies to merge with Raytheon Company
United Technologies and Raytheon Company confirmed merger plans on June 9, 2019. Both companies are to enter an…
El Al reports $55M loss in Q12019
El Al Israel Airlines reports $55 million loss ‒ approximately $11 million more than during the same period…
Pilot strike costs SAS $68M, adds to pilling up losses
SAS estimates the impact from the previous pilot strike, lasting roughly a week, which includes the cost of…