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Sustainability
5 Tips to Get Your Sustainability Story to the Stakeholders Who Matter
Sustainability reports are an important tool in a CFO’s strategic communications arsenal that helps attract employees, customers, and capital.
By
Leigh Ann Johnston
| January 30, 2023
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JetBlue Veteran Hurley Named Permanent CFO
"We’re committed to rebuilding margins, maintaining our focus on costs, and repairing our balance sheet to help us continue to thrive.”
By
Matthew Heller
| September 8, 2021
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Financial Performance
Delta Posts Record Loss, Cuts Cash Burn
“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
By
Matthew Heller
| January 14, 2021
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Strategy
Airlines Expect Turbulent 2021
Last year's falloff erased two decades of passenger growth.
By
Vincent Ryan
| January 5, 2021
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Credit & Capital
Norwegian Air Files for Bankruptcy in Ireland
The filing follows the decision of Norway’s government last week not to provide the low-cost airline with further financial aid.
By
Matthew Heller
| November 19, 2020
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Risk & Compliance
Trump Signals Support for More Airline Aid
"We’ll be helping the airlines, you have to help the airlines,” the president says as carriers warn of layoffs.
By
Matthew Heller
| September 2, 2020
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Risk & Compliance
Senators Push for Clarity on Payroll Support After Airlines Threaten Cuts
The lawmakers say that airlines that are involuntarily cutting workers’ hours may be violating the terms of federal coronavirus aid.
By
Lauren Muskett
| May 8, 2020
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The Economy
Boeing Raises $25B In Debt Offering, Says No Longer Needs Federal Aid
Said Boeing: "The robust demand for the offering reflects strong support for the long-term strength of Boeing and the aviation industry."
By
Vincent Ryan
| May 1, 2020
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Risk & Compliance
Airlines Accept Terms for Virus Relief Grants
In exchange for accepting the funds, carriers have agreed to prohibitions on stock buybacks and layoffs, and limits on executive pay.
By
Matthew Heller
| April 15, 2020
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Strategy
Estimated Global Airline Losses Rise to $314B
The IATA said its revised estimate reflected a ‘significant deepening’ of the coronavirus crisis.
By
Lauren Muskett
| April 14, 2020
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Risk & Compliance
Airlines Meet Deadline for Payroll Grant Program
The $25 billion program is aimed at helping U.S. carriers weather the drastic drop in demand caused by the coronavirus crisis.
By
Matthew Heller
| April 3, 2020
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The Economy
Senate Floats Airline Stimulus Amid Criticism
Nikki Haley resigned from the Boeing board of directors and Chuck Schumer suggested banning share buybacks.
By
Lauren Muskett
| March 20, 2020
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The Economy
Airlines Seek Sweeping Bailout
If it happens, the request for loans, grants, and tax relief may come with strings attached.
By
Vincent Ryan
| March 17, 2020
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Financial Performance
U.S. Airlines in Strong Position to Withstand Virus
Fitch Ratings says industry consolidation and profitability should shield carriers from a temporary falloff in demand.
By
Matthew Heller
| March 13, 2020
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Strategy
U.K. Airline Flybe Closes Two Months After Rescue Deal
The coronavirus tipped the long-struggling airline over the edge.
By
Lauren Muskett
| March 5, 2020
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The Economy
Airlines Brace for Profit Hit From Coronavirus
The U.S. airline industry's long run of profitabiilty could be at risk if the virus causes a "broad slowdown" in travel.
By
Matthew Heller
| February 27, 2020
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