EU cold about Iberia’s Air Europa acquisition, FT reports
The ongoing Air Europa acquisition saga, which was considered pretty much a done deal in February 2023, with…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Parent company of Avianca and GOL prepares stockmarket listing
Abra Group Ltd. the parent company of airlines Avianca (Colombia) and GOL Linhas Aereas Inteligentes (Brazil) and a…
Alaska Airlines buys back stock worth $18 million despite Q1 2023 loss
Alaska Airlines loss-making Q1 2023 did not stop the airline from repurchasing its own stocks. The Seattle-Tacoma International Airport…
United Airlines posts $194 million loss in Q1 2023 due to cost overruns
United Airlines announced its Q1 2023 financial results, indicating a net loss despite surging revenues throughout the three-month…
easyJet struggles to contain costs despite revenue surge, posts H1 FY23 losses
easyJet ended the first six months of the financial year with a preliminary net loss after surging revenues…
Airbus warns customers of aircraft delivery delays: report
Airbus has issued a warning to customers about potential delivery delays of the A320neo family aircraft, including the…
Air Malta to be dissolved and new national carrier established by end-2023
The Maltese government is planning to shut down Air Malta and establish a new national airline straight away,…
European authorities to probe Romania’s state aid for Blue Air
The European Commission (EC) announced that it has opened an in-depth investigation into the state aid given by…
Boeing offers up to $10,000 recommendation bonus as it looks to hire new people
Boeing is reportedly offering a recommendation bonus of up to $10,000 to its employees in a bid to…
Delta Air Lines begins 2023 with $363 million net loss
Despite recording a quarterly net loss of $363 million, the chief executive officer of Delta Air Lines remains…
Boeing outperforms Airbus in orders in Q1 2023
While Airbus and Boeing delivered a similar number of aircraft in Q1 2023, Boeing surpassed Airbus in net…
10 people arrested in fraud scheme that cost Polar Air $52 million
The United States (US) Department of Justice (DOJ) revealed that 10 people have been charged in connection with…
US judge awards lessor over $400 million for Boeing 747-8s stuck in Russia
A United States judge ordered Volga-Dnepr Group to pay aircraft lessor BOC Aviation more than $400 million after…
airBaltic finalizes a record-breaking quarter in Q1 2023
airBaltic has announced that Q1 2023 was a record-breaking quarter for the company, with “positive business indicators” exhibited throughout…
Boeing plans to ramp up monthly 737 MAX production rate to 38 by mid-2023
Boeing plans to increase the monthly production rate of the 737 MAX from 31 to 38 by mid-2023,…
Airbus to open another Chinese FAL, secures aircraft order from Chinese airlines
Airbus announced that it will open another Final Assembly Line (FAL) in China, while also securing an aircraft…
Boeing scraps CEO David Calhoun’s 777X performance bonus
Boeing’s Board of Directors issued a proxy statement prior to the upcoming annual shareholders meeting on April 18,…
Is a new Chinese Airbus order on the horizon?
As the French President Emmanuel Macron prepares to visit China, is the Chinese government ready to announce a…