Airlines & Lessors
Jul 15, 2019
Reunion-based Air Austral has posted a €4.5 million ($5.1 million) full-year net loss, its first loss in five years.
Jul 15, 2019
Brunei’s flag carrier Royal Brunei Airlines (RB) plans to launch a regional operation for the island of Borneo, in a tie-up with Malindo Air.
Jul 12, 2019
About three months after Icelandic ultra-LCC WOW Air ceased operations, two former managers of the airline and an investment fund plan to establish a new LCC in the country, according to news reports.
Jul 12, 2019
Alaska Airlines and Spirit Airlines delivered largely encouraging updates on projected second-quarter results, providing more evidence that the US market is strengthening as it hits peak summer.
Jul 12, 2019
A strategic investor could still take over Thomas Cook Group’s airline division even after the tourism company agreed with banks, bondholders and Chinese shareholder Fosun Tourism Group on the basic terms of a major recapitalization.
Jan 18, 2023
Icelandair’s aim is to develop Keflavík as a cargo hub similar to its passenger operation, with the aim of increasing the share of transit freight.
Jan 18, 2023
Cathay Group CEO Ronald Lam has told employees that post-pandemic, rivals “have emerged leaner, fitter and they are eager to take customers away from us.”
Jan 17, 2023
Airlines wanting to build back up their activities to and from China face some significant hurdles.
Jan 17, 2023
Perhaps the world’s youngest airline entrepreneur is planning to launch an Embraer E195-E2 operation out of Munich before the end of 2023.
Jan 17, 2023
The airline hopes to begin New York-Buenos Aires flights before the end of 2023.
Jan 17, 2023
Lessors are strengthening their portfolios to take advantage of the travel rebound.
Jan 17, 2023
Finland’s flag carrier will operate new services to destinations in Norway and Italy during the forthcoming summer season.
Jan 17, 2023
Raven SR, which turns waste products into clean fuels, has plans to commence SAF production in California.