Airlines & Lessors
Mar 23, 2018
2017 financial results for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for each airline's 2017 fiscal year fourth quarter or equivalent, generally covering October-December 2017.
Mar 23, 2018
Hainan Airlines reported a net profit of CNY3.3 billion ($507 million) in 2017, up 6% over net income of CNY3.1 billion in 2016.
Mar 22, 2018
The UK’s Stobart Group has ended talks with UK regional Flybe over a possible acquisition, after Stobart’s board said it had been unable to reach an agreement.
Mar 22, 2018
FedEx Corp. posted an unadjusted $2.1 billion net profit for its fiscal 2018 third quarter, as the Memphis-based package delivery company saw a $1.53 billion benefit following US tax reforms enacted in late 2017.
Mar 22, 2018
All Nippon Airways (ANA) has confirmed it will merge its LCC subsidiaries Peach Aviation and Vanilla Air, after boosting its shareholding in Peach.
Feb 28, 2022
The LCC has agreed to lease 10 Boeing 737-8s and eight 737-800s from AerCap as it moves to increase its fleet to 80 aircraft by summer 2023.
Feb 25, 2022
Delta Air Lines has suspended its codeshare with Aeroflot, as Russia’s invasion of Ukraine continues to escalate.
Feb 25, 2022
Mexican ULCC Volaris believes Mexico could regain its Category 1 safety rating with the FAA during the second half of 2022.
Feb 25, 2022
Russian carrier S7 Airlines canceled all its flights to Europe after Poland and Czech Republic closed their airspace for Russian airlines starting midnight Feb. 26 in response to Moscow’s invasion of Ukraine.
Feb 25, 2022
Higher fuel costs could widen the cost advantage ULCCs enjoy over legacy airlines, allowing them to more quickly achieve profitability coming out of the COVID-19 pandemic, Spirit Airlines CEO suggests.
Feb 25, 2022
A Swiss International Air Lines executive also updates Aviation Daily on the flag-carrier's fleet modernization plans.
Feb 25, 2022
New Nigerian airline Green Africa has attracted a new investor that the carrier says will help it accelerate its expansion plans.
Feb 25, 2022
International Airlines Group plans to resume substantial investments in fleet upgrades now that the company expects to return to significant profits in 2022.