Aviation Concepts (FL)’s Post

Breaking News: Fastjet Embraces Zimbabwe's Local Currency, ZiG, for Booking Payments. Accepting ZiG for booking payment can be seen as a positive move for Fastjet and can potentially boost the use of the newly introduced local currency. Overall, the decision to accept ZiG for booking payment can be viewed as a strategic move by Fastjet to cater to the local market in Zimbabwe. However, it's important for the airline to carefully assess the advantages and potential challenges associated with operating in ZiG. NB: But in general, it is viewed as a major boost that will benefit the local currency, especially if other companies start to follow suit.

Air France-KLM turn out to be the best #investment ever for French government Air France-KLM a not only repaid €4 billion in state-guaranteed loans (PGE) to 2 years ahead of schedule but also paid around €650 million in interests to the French government. Though costly, these financial conditions imposed by the EU encouraged quick repayment. The state's participation in Air France-KLM's capital increase in 2022 could yield future gains. Despite stringent terms, the airline's profitability and continued debt reduction (sell of #FlyingBlue and part of cargo operations to Apollo Global Management, Inc. )are likely to boost stock values higher. External acquisition such as SAS - Scandinavian Airlines Airlines and potentially TAP Air Portugal in coming years will help the group to become a key player amongst airlines major players. The government also benefits significantly from annual taxes paid by the airline, amounting to nearly €1.5 billion in 2022, crucial revenue that would have vanished if Air France had gone bankrupt in 2020, highlighting the positive impact on public finances..in that case. For records AF marketcap is today 3,4 billion € under evaluated according to financial analysts consensus in Europe and in the US. #aviation #deal #finance

One of 99 Ways to Save Money: Book flights on Sunday Airfares vary not just based on when you fly but also when you book. Data from Airline Reporting Corp. shows that booking your trip on a Sunday instead of Friday will save you an average of 15 percent on international flights and 5 percent on domestic flights 🤑 #waystosave #savemoney #savingtips #tipstosavemoney #investing #invest

📊#MarketRoundup: Latam extends lead in Brazilian skies Latam extends lead in Brazil amid Gol crisis Chile-based airline LATAM Airlines broadened its lead in Brazil last year, according to data from the National Civil Aviation Agency (ANAC - Agência Nacional de Aviação Civil). The company has led the domestic aviation segment in Latin America’s largest economy since 2021, when it overtook local rival Gol, which is now in financial trouble. ♟️State of play: Latam emerged from its pandemic-related bankruptcy proceedings in late 2022, reducing its debt by approximately USD 3.6 billion (a 35 percent reduction from pre-filing levels), while Azul completed a broader restructuring in 2023. Gol is also struggling financially and has just filed for Chapter 11 bankruptcy protection in the U.S. 🔗Read more in the full article by Fabiane Ziolla Menezes here 👇 https://lnkd.in/dHdizFRR #Airlines #Bankruptcy #Travel #AirlineCarriers #Logistics #Infrastructure #Business #Economy #AirTravel #BrazilianReport #DomesticAviation

More Questions Than Answers as Canada Jetlines Goes Belly Up Canada Jetlines has gone under, leading to more questions about Canada’s troubled airline industry. A number of pundits weigh in on what went wrong. #canadajetlines #airlinenews #airlineindustry #travelnews

Is There a Correlation: Passenger Complaints with Bankruptcy? In Domestic Canada, Low Fare Airlines with high complaint ratios are going bankrupt. Lynx Air & Swoop are no longer operating. Wings magazine reported in August of this year Flair Airlines has had 4 aircraft repossessed, owes the Canadian Revenue Agency tens of millions of dollars, is looking for investors to restructure its finances and holds the dubious honour of being the Canadian airline with the worst (or highest) complaint ratio, 15 per 100 flights. Kudos to Michael Deluce and the team at Porter Airlines Inc. with the best (lowest) for a complaint ratio of just 1.3 per 100 flights. What do you think? Are Low Fare airlines prone to bankruptcy, offering low fares without a cost structure to support the low fares? Or do you think air travellers have a high expectation which low fare carriers simply cannot meet? https://lnkd.in/gRdAE5vy

Brazilian airline Gol’s fall into Chapter 11 restructuring caps off a spectacular run of failures for Latin American carriers, showing the industry is still struggling with the pandemic’s lingering financial impact years after the virus virtually disappeared from everyday life. Read our day 2 analysis on Bloomberg. With Ezra Fieser and Vinícius Andrade #emergingmarkets #latinamerica #brazil #airlines #bankruptcy #chapter11 #distresseddebt #GOLL4 https://lnkd.in/dBW2n6mZ

Hunter residents and incoming travellers benefit from the competition and additional routes Bonza provides. The grounding of the airline carrier as it moves into voluntary administration is a huge blow for the region, passengers and workers now facing an uncertain future. Newcastle Airport Pty Limited is a major economic anchor to a diversified economy as coal industries change. As the airport prepares to spread its wings internationally with an expanded terminal and runway upgrade, now is the time to underwrite this investment with complementary actions to secure Hunter’s global future. The Hunter Joint Organisation's Airports Strategy outlined priorities for immediate attention. The Committee doubled down on these in our NSW Budget submission including a $15M attraction fund to secure international carriers and a $27M cargo terminal. Regional stakeholders must also work together with governments to promote and support utilisation of Newcastle Airport for passengers and freight. The Committee also advocates for improvement of public transport services for a better visitor experience. There is a national conversation to be had on aviation competition, supportive settings for new entrants servicing regional communities. Clearly challenging times for the aviation industry. Through targeted investment, policy and collaboration, we will build the airport the Hunter region needs and deserves. Hunter Airports Strategy here: https://lnkd.in/gW9u3kZy https://lnkd.in/gCTr6xga

EXCLUSIVE: After setbacks and delays, Brazil government talks with Azul, Gol Linhas Aereas Inteligentes and Santiago-based Latam Airlines for an aid package are progressing but sticking points remain. With Martha Beck and Rachel Gamarski. Edited by Stephen Wicary. Read the full story on Bloomberg. https://lnkd.in/dZFd9UaB #airlines #brazil #latinamerica #debt #credit #emergingmarkets

Summary of the Latest Bond Issuance by GMR AIRPORTS LIMITED. . . . #investmentreturns #investmentnews #financialwealth #investinginthefuture #investinginmyfuture #investmentgoals