Airline Shares

Despite burning up to $85 million a month, the CEO of Air New Zealand received a $2 million bonus in the airline’s shares.  ...

On November 16, 2020, the second time in a month, the aviation industry experienced a surge in shares after the news on Moderna vaccine effectiveness broke....

Singapore Airlines raised $632 million through a convertible bond to strengthen its liquidity position after a net loss of $2.6 million in the H1 of 2020.  ...

British Airways owner International Airlines Group (IAG) has placed new shares to prop up the group’s shrinking balance sheet. The company  expects to raise €2.75 billion through a heavily discounted capital increase....

Bloomberg’s gauge of the airline sector shows that over the past three months, almost all of the ten world’s strongest airline stocks have been Chinese, with all shares except Air China showing two-digit gains....

As winter is coming, Norwegian Air Shuttle is resolving to selling aircraft and company shares as it tries to raise funds to survive the harsh upcoming season. ...

The Kenyan government has agreed to convert Kenya Airways debt of over $400 million into equity, increasing its stake in the flag carrier from 29.8% to 48.9%. Under the agreement, around of 87% of the airline would belong to Kenyan government and banks....