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…
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…
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…
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…
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…
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…
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 to…
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.Germany’s…
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…
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…
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…
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…