Airlines & Lessors
Dec 12, 2019
Far Eastern Air Transport (FAT) announced Dec. 12 it will stop operations from Dec. 13, as a result of mounting financial pressure.
Dec 12, 2019
Cathay Pacific has been forced to scale back operations and defer deliveries, while Hong Kong Airlines has had to seek more funds to ensure its survival.
Dec 11, 2019
Starting April 1, 2020, Cathay Pacific will offer a HK$0.30 ($0.04) concession for every kilogram off its terminal charge at Hong Kong International Airport (HKIA) for general and special export cargo carried on the group’s four carriers—Cathay Pacific Airways, Cathay Dragon, AHK Air Hong Kong and HK Express.
Dec 11, 2019
Lufthansa Group subsidiary Brussels Airlines has appointed Dieter Vranckx as CEO and CCO, succeeding Christina Foerster, from Jan. 1, 2020, as the company continues to significantly change the group structure.
Dec 11, 2019
Avianca Holdings has completed a major debt restructuring and landed up to $125 million in new financing from a group of investors, giving it additional flexibility to execute its turnaround plan.
Apr 21, 2023
The country’s Federal Air Transport Agency Rosaviatsiya formally suspended the certificate under the airline’s request starting April 1.
Apr 21, 2023
JetBlue will offer 35 daily departures from the island this summer.
Apr 20, 2023
Occurrences of ransomware inside the aviation supply chain are up 600% in just one year—an indicator of escalating cybersecurity risks the industry is facing.
Apr 20, 2023
Alaska Air Group is in late-stage discussions to forge potential transactions for 10 Airbus A321s it plans to cease operating later in 2023.
Apr 20, 2023
Russia’s largest airline Aeroflot plans to return 10 aircraft to operation as it seeks to meet increased demand in summer 2023.
Apr 20, 2023
Five routes will be launched from Skopje International Airport to European destinations as part of the subsidy scheme.
Apr 20, 2023
An airport that had no airline service at the start of 2023 will have flights to 14 cities by the end of June.
Apr 20, 2023
Air France-KLM has fully repaid the outstanding part of the state aid that helped the group through the pandemic.