Airlines & Lessors
Dec 03, 2019
African LCC fastjet needs to restructure by February 2020, if it is to continue as a going concern, with the disposal of fastjet Zimbabwe forming part of its survival plan.
Dec 03, 2019
In a long-expected move, Lufthansa Group has made senior executive changes reflecting the difficulties it has had with union relations and the turnaround of its Eurowings LCC subsidiary.
Dec 03, 2019
Singapore-based LCC Jetstar Asia will continue to operate its fleet of A320ceos rather than take in new aircraft as it looks to tap transfer passengers from parent Qantas Group while extending its network beyond Southeast Asia.
Dec 03, 2019
Despite a MYR3.1 billion ($741.8 million) in revenue, an increase of 18% year-on-year (YOY), AirAsia Group Berhad still ended the 2019 third quarter with a MYR67 million net loss, reversing the MYR804 million profit in Q3 2018.
Dec 03, 2019
Ancillary revenues from everything including boarding options to baggage boost margins for airlines fighting to remain profitable.
Apr 17, 2023
The verdict comes nearly 14 years after the crash of Air France flight AF447 in 2009, which killed all 228 people on board an Airbus A330-200.
Apr 17, 2023
Proposals to allow foreign airlines to operate domestic routes in Mexico have been paused for now by President Andres Manuel Lopez Obrador.
Apr 17, 2023
Scandinavian Airlines (SAS) has decided not to take up a $350 million debtor-in-possession (DIP) loan during the second quarter of 2023, as originally planned.
Apr 17, 2023
Mumbai will become a new point in Vietnam Airlines’ network from May.
Apr 14, 2023
WestJet recently said it is growing capacity between Western and Eastern Canada by 13%.
Apr 14, 2023
Australia’s Rex Airlines has taken a 20% stake in startup Dovetail Electric Aviation.
Apr 14, 2023
The Shiveluch volcano erupted with a blast powerful enough to send volcanic material into the stratosphere, NASA’s Earth Observatory reported.
Apr 14, 2023
TrueNoord plans to use the new five-year term loan of $275 million to expand on its existing aircraft assets and to finance its existing portfolio.