Airlines & Lessors
Jun 13, 2019
Conglomerate HNA Group is in the process of reducing its shares from LCC Guangxi Beibu Gulf Airlines (GX Airlines) as part of the airline’s restructuring plans. Guangxi Beibu Gulf Investment Group, HNA Group and Guangxi Airport Management Group signed a framework agreement on June 11 to initiate the move.
Jun 13, 2019
Indian stock exchanges have announced they will restrict trading of Jet Airways’ shares, in another sign that the prospects of resurrecting the grounded airline are increasingly bleak.
Jun 12, 2019
American Airlines’ recent removal of the Boeing 737 MAX from its schedules until early September was made to ease the carrier’s pilot and cabin-crew bidding process, rather than because of signs of continued delay in getting the grounded fleet cleared to fly, CEO Doug Parker said.
Jun 12, 2019
JetBlue Airways increased the bottom end of its projected second-quarter (2Q) unit revenue guidance, aligning with both the carrier’s short-term outlook of an increasing revenue environment and bigger-picture trends that show strong demand and pricing.
Jun 12, 2019
Virgin Atlantic executive Mark Anderson will lead the overhaul of Flybe after being appointed CEO of Connect Airways, the consortium that took over the UK regional airline.
Dec 22, 2022
Porter Airlines has taken delivery of its first two Embraer E195-E2 aircraft, paving the way for the carrier’s next phase of growth.
Dec 22, 2022
The UK government has detailed a series of grants aimed at helping the country move toward creating supplies of sustainable aviation fuels (SAF).
Dec 22, 2022
While the airline has a plan to add Airbus A320neos, Cyprus Airways CEO Paul Sies says they are now weighing up whether to adds A220s instead.
Dec 22, 2022
Italy’s government has approved a decree setting out conditions for the sale of a stake in Alitalia successor ITA Airways.
Dec 22, 2022
An industry source told Aviation Daily that the move was “purely political” in the run up to elections due to take place in Poland in November 2023.
Dec 22, 2022
Greek carrier Aegean Airlines plans to create the Mediterranean nation’s first MRO and simulator hub, in a €140 million ($149 million) investment project.
Dec 22, 2022
Star Alliance has appointed Scandinavian Airlines (SAS) executive Charlotta Wieland as interim CEO, following the announced departure of Jeffrey Goh.
Dec 22, 2022
The funds will be used to bring back aircraft from storage, finance aircraft maintenance, purchase components and support the airline's cash flow.