Airlines & Lessors
Aug 09, 2018
The Italian government is considering involving national railway company Ferrovie dello Stato and public investment bank Cassa Depositi e Prestiti in plans to keep the bankrupt Alitalia in Italian hands, local media has reported.
Aug 09, 2018
The predicted slowdown of the global air freight market became a clear trend in June, as year-over-year (YOY) growth in the total air cargo market slowed to 2.7%, about half the five-year average growth rate (5.1%), according to IATA’s June Air Freight Market Analysis.
Aug 09, 2018
As the Canadian ULCC market heats up, Air Canada said it is prepared to leverage the significant flexibility of its rouge subsidiary to ward off competition, from adding flights in major domestic markets to re-configuring aircraft to match rivals’ all-economy offerings.
Aug 09, 2018
Chicago-based United Airlines, Colombia’s Avianca and Panamanian flag carrier Copa Airlines may form a three-way joint business agreement, according to statements released by the two Latin American airlines’ holding companies Aug. 8.
Aug 08, 2018
Stamford, Connecticut-based Aircastle continues to struggle to place more of its Embraer E190-E2-series aircraft slated to begin arriving next year; however, the lessor is confident the Boeing-Embraer tie-up and the aircraft’s recent entry into service will help entice new customers.
Jun 13, 2022
Airfares surged by nearly 13% in May on the back of higher jet fuel prices, extending a streak of monthly price increases that some industry watchers are worried may soon start to eat into travel demand.
Jun 13, 2022
Fort-Lauderdale based Silver Airways is seeing a robust recovery in demand, but pilot staffing remains a challenge.
Jun 13, 2022
African airlines have restored around 76.6% of their 2019 capacity, but traffic is continuing to lag at 66.3% of pre-pandemic levels, causing cash-flow problems for local operators.
Jun 13, 2022
The Danish government has acknowledged that Scandinavian Airlines (SAS) is in a “very serious situation,” triggering the state to agree to a debt-to-equity conversion and a possible capital injection.
Jun 13, 2022
The new Armenian flag-carrier will initially serve three destinations when flights start on July 3.
Jun 10, 2022
Russian airlines are embarking on a new approach to rebuilding their relationships with foreign lessors after the Kremlin banned leased Western-built aircraft from being returned following the implementation of sanctions.
Jun 10, 2022
An accident at an oil refinery near Vienna on June 3 is now affecting the supply of kerosene to Vienna International Airport (VIE).
Jun 09, 2022
Air travel resumed its strong recovery trend in April, despite the Russia-Ukraine war and continuing travel restrictions in China, IATA said June 9.