Browsing Tag
Finance
29 articles
Stay informed about finance in the aviation industry. Explore articles about airline financing, economic trends, financial regulations, and any updates.
LCC Flyr seeks new funds to ease strained finances and get through the winter
New Norwegian airline Flyr is seeking to raise around $50 million of new funds to help ease its…
Qantas says operations, finances getting back to normal
After a tricky few months with cancellations and grounded aircraft, Qantas says its operations are back to the…
KQ cuts half-year losses, posts record cargo performance
Kenya Airways (KQ) has cut its losses by 31.5% in the half-year financial results with the airline posting…
Air New Zealand announces $1.5B plan to rebuild finances ahead of border opening
Air New Zealand has detailed plans to raise funds and boost its finances to help it recover and…
Finnair prepares for increased demand this summer, despite Asia restrictions
Finnair is calling crews back from furlough and opening more routes as it plans for increased demand in…
Airbus sets delivery target of 720 aircraft for 2022 amid COVID-19 challenges
Airbus said it expects to deliver 720 commercial aircraft in 2022, up from 611 in 2021, after announcing…
Austrian Airlines repays another $34M from COVID-19 state loan
Austrian Airlines will repay another €30 million ($34 million) in state loans received during the COVID-19 pandemic, the carrier announced…
Lufthansa repays all German government aid sooner than expected
Lufthansa (LHAB) (LHA) has repaid all the financial aid it received from the German government earlier than expected.…
Finnair losses continue with Asia shut to international travel
Finnair is suffering as travel restrictions continue to affect its main long-haul markets in Asia, leaving the carrier…
American Airlines bullish on demand even after Delta variant hits Q3 recovery
American Airlines (A1G) (AAL) is bullish on the return of travel demand, even after the spread of the…
Airline industry net losses to top $200 billion during pandemic
Airline industry losses during the COVID-19 pandemic could reach $200 billion, the International Air Transport Association (IATA) estimates. …
Lufthansa Group to raise $2.5B in share sale to repay government loan
Lufthansa Group plans to raise €2.1 billion ($2.5 billion) in a capital increase to repay the government funding…
LATAM prepares for reorganization, eyes profitability
LATAM group released a five-year business plan with promises to exit financing soon and return to profitability by…
Second Covid wave hurts SpiceJet results
Indian low-cost carrier SpiceJet reported a wider loss of $106 million in the first-quarter of its 2021 financial…
American proceeds with 19,000 furloughs, asks for PSP extension
American Airlines (A1G) (AAL) said it will proceed with its plan to furlough 19,000 employees but will stop…
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…
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…
EVA Air’s new Dreamliners lose appeal against cargo and 777Fs
Evergreen Airways (EVA Air), a Taiwan based airline and a member of Star Alliance, has reportedly reached an…