Boeing secures $12 billion loan to improve liquidity
After initial reports of Boeing looking into borrowing $10 billion from banks to navigate through tough waters, CNBC…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
United, Southwest and American announce 2019 financial results
The trio of United States-based carriers announced their Q4 2019 and Full Year results, joining Delta Air Lines,…
Boeing looking to borrow $10 billion: reports
As the groundings of the 737 MAX continue and cash reserves are draining at Boeing due to the…
Bombardier to review A220 program stake after financial bump
The Canadian aerospace and transportation manufacturer, Bombardier, announced its preliminary financial results for Q4 2019 and the full…
BOC Aviation orders 20 A320neo, adds Avianca to customers list
BOC Aviation placed a firm order with Airbus for 20 A320neo aircraft, the manufacturer announced on January 7,…
Following strong holiday period, Ryanair expects $1B profit
Following a strong Christmas and New Year’s travel period, Ryanair now expects a higher profit margin and bigger…
Air India executives deny shutdown rumors
As the Indian government is preparing for a second attempt to sell heavy indebted national carrier, Air India’s…
Is Boeing heading towards a split of its businesses?
With its Commercial Aviation division caught in the middle of the 737 MAX crisis, Boeing has seen its…
Jeju Air to acquire 51% Eastar Jet’s shares
Jeju Airlines (also known as Jeju Air), South Korea’s largest budget carrier, is planning to acquire a 51%…
7 months after ceasing ops, Fly Jamaica files for bankruptcy
Fly Jamaica’s revival appears to not be going according to plan. After an incident and subsequent aircraft loss…
Network cuts leave Norwegian’s traffic down by over a fifth
Norwegian Air Shuttle total traffic dropped by 23% as it cut capacity by 27% in November 2019. However,…
EU appeals WTO ruling on subsidies to Airbus
The European Union has appealed the judgment by the World Trade Organization in the dispute with the United…
Richard Branson axes Virgin Atlantic stake sale to Air France-KLM
Virgin Group founder Richard Branson has reportedly backtracked on plans to sell a 31% stake of Virgin Atlantic…
HNA Group granted $568M loan, will Hong Kong Airlines get share?
HNA Group has been granted a $568 million (HK4.4 billion yuan) loan by state-owned banks. The conglomerate now…
Dubai Airshow 2019 wrap-up: how big was the shopping spree?
Biennial event Dubai Airshow 2019 closed its doors on November 21, 2019. While the event organizers highlight that…
Austrian Airlines CEO: Ryanair won’t overtake Austrian in Vienna
Reporting a “drastic” fall in earnings and bracing for, potentially, a full year of losses, Austrian Airlines management…
Cost cuts help Emirates increase profits by 282% in H1 FY2020
Despite Thomas Cook collapse impact on group finances, runway closure at Emirates main hub Dubai International Airport (DXB)…
Lufthansa profits plummet amid “pricing pressure” in Europe
The German airline group, which includes Austrian Airlines, Brussels Airlines, Eurowings, Lufthansa (LHAB) (LHA) and Swiss International Air…