Airlines fear travel surge might not aid fast recovery

Airlines fear travel surge might not aid fast recovery

By Anna Domanska - Mar 27, 2021

As the $800 billion airline industry prepares to get back to the skies after being grounded for almost a year, there are concerns that the “back to business” scenario may get a

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Japanese airline industry leader ANA Holdings seeks to raise $3.2 billion

Japanese airline industry leader ANA Holdings seeks to raise $3.2 billion

By Christy Gren - Nov 27, 2020

ANA Holdings Inc. plans to raise up to $.32 billion (¥332.1bn) via an overseas share placement to survive the worst financial crisis spurred by the ongoing coronavirus pandemic.

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Rolls Royce Raises 2 Billion Pounds in a Rights Issue

Rolls Royce Raises 2 Billion Pounds in a Rights Issue

By Christy Gren - Nov 13, 2020

Rolls Royce’s stock have halved after the British engineering company’s shareholders voted in favor of a £2 Billion ($2.6 Billion) rights issue. What are the details of the ri

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Airline industry on the brink of collapse with no aid in sight

Airline industry on the brink of collapse with no aid in sight

By Christy Gren - Oct 07, 2020

With no hopes of a stimulus package soon, the airline industry is facing absolute chaos with millions in job losses and almost $2 trillion in global GDP.

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Delta resumes 50 International Routes

Delta resumes 50 International Routes

By Anna Domanska - Aug 24, 2020

The aviation industry is slowly limping back and resuming more domestic and international flights albeit with some caps on seating capacities. Though AITA says that the industry wi

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EU Commission Gets Aviation Biofuel Off the Ground

EU Commission Gets Aviation Biofuel Off the Ground

By Christy Gren - Aug 19, 2020

The pandemic-hit airline industry is now pushing towards greener aviation fuels – such as biofuels and fuels produced using renewable sources.

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Maintenance and Spare Parts for Aircraft May Take A $60 Billion Hit

Maintenance and Spare Parts for Aircraft May Take A $60 Billion Hit

By Anna Domanska - Jun 18, 2020

The airline industry has seen a sharp fall in fortunes due to the Coronavirus pandemic. The International Air Transport Association (IATA) said the sector could lose a quarter of a

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Boeing Stock Soars as U.S. Reopens

Boeing Stock Soars as U.S. Reopens

By Anna Domanska - Jun 09, 2020

Aerospace giant Boeing Co. shares skyrocketed 58% in June as the United States opens its airspace and the economy resumes, and the aircraft maker rode a wave of investor optimism.

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Global Airline Industry Takes a Hard Fall

Global Airline Industry Takes a Hard Fall

By Anna Domanska - Apr 05, 2020

The airline industry faces a dismal two years post-pandemic also, says data research as airlines see a drop of 80 percent in capacity. The International Air Transport Association (

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