Reading Time: < 1 minute Lufthansa has raised cash after issuing a bond worth €1 billion. As of March 31, the carrier had around €10.6 billion in cash and cash equivalents at hand. Lufthansa raised the first €500 million due to a series of €100,000 three-year bonds with an annual interest rate of 2.0%. Another €500 million came via eight-year […]

Reading Time: < 1 minute Although it has been a challenging year for airlines, Wizz Air has increased its cash balance. As of March 31st, 2020, it reported a balance of €1,496.3 million. On March 31st, 2021, a year later, it was €1,616.6 million, which is an impressive 8% improvement. It evidences the operator’s ability to tackle any long-term difficulties. […]