Airlines & Lessors
May 08, 2018
Rising fuel costs—combined with a planned ramp-up in capital expenditures—has put dents in most of WestJet’s key first-quarter income metrics, and the Calgary-based LCC is responding by fast-tracking a cost-reduction initiative.
May 08, 2018
Global air passenger traffic in March grew at its fastest monthly pace in a year—up 9.5% year-over-year—driven by a generally strong global economic backdrop, according to IATA’s latest Air Passenger Market Analysis.
May 08, 2018
Lufthansa plans to focus its future growth on its hub in Munich, Zurich and Vienna while pulling capacity off Frankfurt for now, CEO Carsten Spohr told the annual shareholder meeting on May 8.
May 08, 2018
Lufthansa Group’s supervisory board approved orders for up to 16 additional aircraft to be allocated among subsidiaries.
May 07, 2018
Aeromexico's capacity adjustments to offset weakness in its home market appear to be paying off, as the carrier boosted domestic revenue passenger kilometers (RPKs) and load factor in April, even as it continued to trim capacity.
Apr 06, 2022
UK long-haul carrier Virgin Atlantic is expecting to significantly narrow its losses in 2022 and return to profitability in 2023, after posting a £594 million ($778.7 million) pre-tax loss for 2021.
Apr 06, 2022
In conversation with Aviation Daily, Iceland’s newest start-up airlines Niceair and PLAY detail their latest activities and plans to reach profitability in 2023.
Apr 06, 2022
Airlines are expecting travel demand to keep growing despite the effects of higher jet fuel costs feeding through into ticket price increases, IATA said.
Apr 06, 2022
Malaysian LCC AirAsia X has revealed the next stage of its network restoration, which will also help the airline return more of its fleet to service.
Apr 05, 2022
JetBlue's offer complicates plans by Frontier Airlines to merge with Spirit before the end of 2022.
Apr 05, 2022
The airline said it had to cancel 2,000 flights in March because of Russia’s invasion of Ukraine and related airspace closures.
Apr 05, 2022
UK carriers British Airways and easyJet faced further schedule disruption April 5 because of high staff sickness rates, driven by a national surge in COVID-19 cases.
Apr 05, 2022
Air France-KLM’s board of directors has chosen to enter into exclusive negotiations with CFM International for the acquisition of Leap-1A engines to power its new fleet of Airbus A320neo and A321neo aircraft.