Air France-KLM’s Q2 results disappoint, hit hard by Olympic Games
Air France-KLM reported lower-than-expected results for the second quarter of 2024. The company attributed the shortfall to increased…
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Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Dassault Aviation reports €2.54B revenue in H1 2024, strong order growth
Dassault Aviation posted an adjusted revenue of €2.54 billion in the first half of 2024, compared to €2.30…
United Airlines reports strong growth throughout 2Q24, expects more in 2024Â Â
United Airlines has posted a strong set of results for the second quarter of 2024 (2Q24), which demonstrate…
Jet2 posts preliminary 2024 profits of $660M, firms up more A321neo deliveries
Jet2, the UK¾«¶«Ó°Òµ largest leisure airline and integrated travel company, has posted preliminary results for 2024 showing the…
Vietnam Airlines’ share value soars, becomes best-performing airline stock Â
Vietnam¾«¶«Ó°Òµ national carrier Vietnam Airlines has reportedly seen a remarkable turnaround in its fortunes in the past 12…
Ryanair had its busiest ever month in June 2024 carrying 19.3m passengers
Low-cost airline Ryanair saw its busiest ever month in June 2024, flying more than 19 million passengers for…
Qatar Airways posts largest annual profits in its history at $1.7 billion Â
Qatar Airways has just announced its financial performance results for its financial year 2023/24 and the numbers are…
Colombian airline Avianca plans to file for IPO in the United StatesÂ
Avianca Group is preparing for an initial public offering (IPO) in the United States, the holding company for…
Air France expects to lose $193M as tourists avoid Paris during 2024 Olympics Â
Air France has announced that the 2024 Summer Olympic Games being hosted by Paris may harm its financial…
Embraer¾«¶«Ó°Òµ EVE raises $94M in fresh capital through private share placement  Â
EVE Air Mobility, Embraer¾«¶«Ó°Òµ Nasdaq-listed eVTOL subsidiary, has announced it has raised $94 million in new equity financing. …
Privatization of Pakistan International Airlines due in August 2024 – sourcesÂ
The long-awaited privatization of Pakistan International Airlines (PIA) is expected to take place in early August 2024, according…
Boeing proposes using stock to buyout Spirit AeroSystems as talks near end
As talks reportedly near their end, Boeing has proposed using mostly company stock to purchase supplier Spirit AeroSystems…
EU likely to greenlight ITA Airways’ acquisition by Lufthansa, reports Bloomberg
The European Commission¾«¶«Ó°Òµ approval of the proposed acquisition by the Lufthansa Group of an equity stake in Italian…
Cathay Pacific continues revival with positive traffic figures for May 2024Â
Cathay Pacific has released its traffic figures for May 2024 which show the Hong-Kong-based carrier is continuing along…
Grounded carrier Air Vanuatu eyes potential investors to fund revival Â
The liquidators acting on behalf of grounded South Pacific carrier Air Vanuatu have announced that several entities have…
Retirements to tighten narrowbody freighter capacity amid e-commerce growth
As the freighter market has begun to stabilize after the return of passenger aircraft belly capacity, the drop…
American Airlines cuts profit forecasts as Chief Commercial Officer departsÂ
American Airlines has simultaneously announced a cut in its profit forecasts for 2024 along with the sudden and…
AirAsia X flying high as profits soar in 1Q24, plans for new A321XLRÂ
AirAsia X has recorded a solid start to 2024, as reported in its financial results for the first…