Aviation Finance

Latvian government invests €90 million into airBaltic equity

airBaltic receives €90 million worth of financial support from the government of Latvia.  ...


Finnair plans to buyback its own shares

Finnair announced that it would start re-acquiring its own shares....


True scale of COVID-19 pandemic: $17.45 billion losses per month

Since March 2020, airlines have been fighting a battle against all odds. Even with the industry exhibiting some signs of recovery, the true test of survival is not over yet.With IATA predicting $419 b...


Brazil proposes a $376 million injection to Azul Airlines

Azul Airlines, a Brazil-based carrier, received an injection proposal from the Brazilian government that could dilute its stock by up to 15%....


Virgin Australia’s creditors approve purchase terms by Bain

Creditors of Virgin Australia have accepted the terms of purchase previously proposed by Bain Capital (BC), the company reports....


Azul showcases $186 million cash increase amid losses

Brazilian airline Azul revealed a net increase in cash during Q2 FY2021 while avoiding any new loans....


Lufthansa Group to cut 25% of workforce, 14 A380s to follow

Lufthansa Group reported a huge Q2 2020 loss and confirmed that it will cut 22,000 jobs from the group, including 14 Airbus A380 aircraft that will be permanently retired....


Embraer pushes back E175-E2 introduction to 2023

In a financial statement released on August 5, 2020, Embraer reported second-quarter losses and a steep drop in revenue, yet the company indicates that it remains in “a stable overall position.” However, the introduction of the E175-E2 was delayed due to the current situation in the market....


Singapore Airlines Group loses $1B, expects rapid recovery

Singapore Airlines (SIA) Group (SIAG) can be officially chalked off with the rest of the airlines worldwide after taking heavy losses in Q1 2020 of $1.1 billion....


Downhill journey: United Airlines report record losses of $1.6B

On July 21, 2020, United Airlines announced the most difficult financial quarter in the company’s 94-year history with a Q2 net loss of $1.6 billion.  ...