4 minute read Top 5 smart strategies to pay for your flight training Pursuing a career as a pilot is a dream for many, but the cost of flight training can…byRosita Mickeviciute2023-10-08
1 minute read IAG takes 20% stake in Air Europa in bid to boost Madrid hub IAG, the owner of British Airways and Iberia, has taken a 20% stake in Spanish airline Air Europa…byVictoria Bryan2022-08-16
1 minute read Emerging from pandemic, SWISS ends state-backed loan early Swiss International Air Lines (SWISS) has ended a state-backed loan from Switzerland ahead of time, saying that its…byVictoria Bryan2022-06-09
2 minute read 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…byVictoria Bryan2022-03-30
1 minute read Will IAG buy Air Europa after all? New deal on loan, exclusive talks IAG is keeping alive efforts to buy Spain’s Air Europa. The owner of British Airways and Iberia has…byVictoria Bryan2022-03-17
2 minute read 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…byVictoria Bryan2021-12-29
1 minute read Air France-KLM repays €500 million of €4 billion state-backed loan Air France-KLM announced that it has repaid €500 million of an outstanding €4 billion French-state backed loan. According…byGabriele Petrauskaite2021-12-13
2 minute read 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.…byVictoria Bryan2021-11-12
1 minute read British Airways agrees new $1.4B loan to bolster balance sheet British Airways has agreed a £1 billion ($1.36 billion) loan to bolster its balance sheet, the airline announced…byVictoria Bryan2021-11-01
1 minute read Malaysian AirAsia secures $72 million loan AirAsia Group, a Malaysia-based investment holding company, secured a $72 million loan from Sabah Development Bank Berhad and…byGabriele Petrauskaite2020-10-23
2 minute read Struggling Avianca to get up to $370 million state loan Fighting-for-survival Columbian airline Avianca (AVHOQ) is about to get the government’s support. Colombian government will lend up to $370…byGabriele Petrauskaite2020-10-22
1 minute read El Al in talks for a bank loan backed by the government El Al Israel Airlines has said to be in talks with Israel Discount Bank regarding a US$350 million…byEdvinas Andrijevskis2020-04-21