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…
Finance
29 articles
Stay informed about finance in the aviation industry. Explore articles about airline financing, economic trends, financial regulations, and any updates.
Rolls-Royce to reduce civil operations, workforce down by 9,000
A £5.4 billion ($6 billion) loss prompted the engine manufacturer Rolls-Royce to consolidate its civil aerospace operations. Four…
Qantas reports “devastating” financial year due to A380 write-off
FY2020 was devastating for Qantas Group, whose financial results attribute more than half of its almost $2 billion…
Azul showcases $186 million cash increase amid losses
Brazilian airline Azul (AZUL) revealed a net increase in cash during Q2 FY2021 while avoiding any new loans.The…
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…
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…
KLM announces 5,000 layoffs as losses soar
AirFrance-KLM declared a total of 10,000 employees are to become redundant as the group looks to minimize its…
Singapore Airlines Group loses $1B, expects rapid recovery
Singapore Airlines (SIA1) (SINGY) (SIA) Group (SIAG) can be officially chalked off with the rest of the airlines…
IAG looks to save $704 million on Air Europa deal
International Airlines Group (IAG), parent to Aer Lingus, British Airways, Iberia, and others, is reportedly negotiating to acquire…
Finnair reports €172 million loss in Q2
On July 24, Finnair had published their half year financial statement, reporting €172 million in losses for their…
Is aviation market overheated and facing downturn?
The ever-increasing growth of airlines and their demand for new aircraft might point to the fact that the…