Airlines & Lessors
Sep 21, 2018
Icelandic LCC WOW Air has closed a €60 million ($70.4 million) bonds issue and started preparing for an initial public offering (IPO) within the next 12 to 18 months.
Sep 21, 2018
Revitalized Air Italy has reported strong summer season passenger loads on its new flights to the US and has announced frequency increases on several of its international routes.
Sep 21, 2018
Lufthansa is preparing to take over planning and control of Eurowings’ long-haul network, as the subsidiary’s role in the segment evolves, company sources say.
Sep 20, 2018
Aircraft lessor Goshawk Aviation has completed the acquisition of Sky Leasing’s Irish subsidiary, Sky Aviation Leasing International (SALI), adding 51 aircraft to its portfolio.
Sep 20, 2018
Ryanair shareholders backed all resolutions at its annual shareholders’ meeting, easing some pressure on the Irish LCC, but sending a clear signal of discontent about how management has been handling a labor relations crisis by re-electing its chairman with a much smaller majority than before.
Jul 15, 2022
Pilots at United Airlines plan to resume contract negotiations with management instead of voting on a recently concluded tentative agreement, after pilots raised objections to some of the contract’s terms.
Jul 15, 2022
German start-up carrier Evia Aero has signed a letter of intent with Cranfield Aerospace Solutions (CAeS) to buy 10 conversion kits that will enable nine-seat Britten Norman Islander aircraft to fly regional routes in northern Europe on hydrogen.
Jul 15, 2022
The airline has committed to pre-delivery payments for its first 50 Vertical Aerospace VX4 air taxis.
Jul 14, 2022
Delta Air Lines CEO Ed Bastian downplayed concerns that a possible recession could sap consumer travel demand, telling analysts on a recent earnings call that his company is well-positioned to ride out a mild slowdown should one take place.
Jul 14, 2022
Air France-KLM and U.S. asset management business Apollo Global Management have signed an agreement for Apollo-managed funds and entities to invest €500 million ($502 million) in an ad hoc Air France operating affiliate.
Jul 14, 2022
The carrier has been cleared to reinstate services to five points in Cuba that had been banned by the Trump administration.
Jul 14, 2022
Emirates Airline has refused to accept London Heathrow (LHR) airport’s demands that carriers operating into the UK hub should cut their services over the summer peak season.
Jul 14, 2022
Scandinavian Airlines (SAS) has warned that the ongoing pilots’ strike has “severely impacted” the company’s liquidity and is putting at risk its ability to source new funding.