Airlines & Lessors
Jun 21, 2018
WestJet ULCC subsidiary Swoop took to the skies June 20 with an early-morning inaugural flight from Hamilton to Abbotsford, marking the next major development in what is an expanding Canadian low-cost airline scene.
Jun 21, 2018
Memphis-based FedEx Corp. reported $4.6 billion in consolidated net profit for fiscal 2018—up 53% over the company’s fiscal 2017 $3 billion net result—boosted by $2.1 billion in tax benefits, $1.6 billion of which came from the Tax Cuts and Jobs Act (TCJA) passed by the US Congress in late December 2017.
Jun 20, 2018
State-run national flag carrier Kenya Airways plans to merge with Nairobi Jomo Kenyatta International Airport (JKIA) to compete with other state-owned carriers in Africa and the Middle East, such as Ethiopian Airlines and Emirates Airline.
Jun 20, 2018
Norwegian CEO Bjørn Kjos believes his LCC is reaching the critical mass it needs to succeed, as several European heavyweights voice their potential interest in the business.
Jun 19, 2018
Lufthansa CEO Carsten Spohr has called for greater cooperation between airlines and airports in the face of the upcoming capacity crunch, likening current strained relations to sibling rivalry.
May 05, 2022
Eurowings CEO Jens Bischof said the focus on Miles and More resulted from the carrier’s positioning as a value airline for Europe, a step related to its strategy to become a pan-European airline with bases in several countries.
May 05, 2022
Icelandair continued ramping up its operations in the first quarter (Q1) of 2022 and prepares for a strong summer.
May 05, 2022
Lufthansa subsidiary Air Dolomiti has become the first Italian airline approved to execute Required Navigation Performance-Authorization Required (RNP-AR) approaches to land in Innsbruck, Austria.
May 05, 2022
Lufthansa is slowly warming up to the idea of potentially reactivating its Airbus A380 fleet, should strong demand growth be sustained over the next few years.
May 05, 2022
Air France-KLM reported strong bookings as it posted a narrowed net loss for the first quarter, despite the effects of the omicron variant, Russia’s invasion of Ukraine and high fuel prices.
May 04, 2022
Kenya Airways Group MD and CEO Allan Kilavuka has outlined three phases for his carrier’s strategic cooperation with South African Airways (SAA), spanning the period to the end of 2023.
May 04, 2022
Brussels Airlines has joined the growing number of airlines that have scrapped the requirement for passengers to wear masks on board its aircraft.
May 04, 2022
Angolan carrier Bestfly has moved into the regional jet market as it steps up its services in Cabo Verde.