Airline Shares

Vietnam Airlines boosts its capital with $1 billion

Vietnam Airlines issues additional shares to its shareholders and boosts the capital by around $1 billion....


Air New Zealand to assign $700 worth shares to each employee

Air New Zealand plans to assign up to $700 (NZ$1,000) worth of its shares to loyal permanent employees.  ...


Burning $85M a month, Air New Zealand awards CEO by $2M in 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.  ...


Aviation stock market surges again after Moderna vaccine success

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 strengthens position, raises $632M

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 parent strives to raise €2.75 billion

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....


9 of top 10 airline stocks are Chinese, gauge shows

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....


Norwegian sells six Boeing 737s, shares to raise funds

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. ...


Kenyan government increases stake in troubled Kenya Airways

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....