IndiGo, India’s largest airline by market share, has just reported a multimillion quarterly loss. The disconcerting financial results are attributed to three key factors, including spikes maintenance costs. While the airline’s Airbus A320ceo engines are to remain a burden for its finance sheets, the rescue by the A320neo is also not yet in sight, as the carrier’s management anticipates delivery delays. ...
United Technologies reports $2.5 billion operating profit in the second quarter of 2019, and $4.6 billion for the first half of the year. The strong performance was partially helped by the ongoing Boeing 737 MAX global fleet grounding. ...
Over €5bn in compensations are not disclosed on major European airlines' financial reports. Every year, with the end of the financial year approaching, airlines, just like all business, are consolid...
2019 kicked off with a $1bn investment of a US private equity giant KKR into the passenger and freight aircraft leasing business. The deal reflects the ever-growing interest of investment entities tow...
Business aviation contributes $150 billion yearly to the U.S. economy and provides 1.2 million jobs. From this perspective, it matters how the sector is expected to perform this year and beyond....
AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing, reconfiguration and trading services, has announced stepping into the consulting and advisory project of three B...
A 'no-deal' Brexit would be credit negative for European aerospace and defence companies, in the short term with smallest companies most affected by the disruption, Moody's Investors Service said in a report on October 03, 2018....
Alitalia is expected to close the third quarter of the current financial year with a positive net profit of €2 million ($2.31 million), which would be the first profit the carrier has posted since declaring bankruptcy and entering into special administration....
Qatar Airways' latest manifest of defiance – revealing the large cost of the blockade on its annual earnings and how the company manages to alleviate the financial toll....
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