Airlines & Lessors
Mar 09, 2018
Global mobile satellite communications provider Inmarsat reported $1.4 billion in total group revenue for 2017, up 5.4% from 2016, largely on the strength of 36.7% growth in Inmarsat’s aviation sector, which includes in-flight connectivity (IFC), business/general aviation (BGA) and safety/operational services (SOS) revenue. The aviation sector reported $195 million in total revenue for the year.
Mar 09, 2018
European OEM Airbus expects that airline traffic in India will grow by 8.1% per year over the next 20 years, almost double the global average of 4.4%.
Mar 09, 2018
Turkish LCC Pegasus Airlines’ predicted rebound from 2016’s losses materialized in 2017, with the Istanbul-based carrier recording a TL501 million ($131.5 million) net profit, compared to a loss of TL136.2 million in the previous year.
Mar 09, 2018
China Southern Airlines has set up a branch company in the southwestern Chinese province Yunnan, a stronghold of rival China Eastern Airlines.
Mar 08, 2018
Ho Chi Minh City-based VietStar Airlines is hoping to launch LCC operations this year, pending government approval.
Feb 16, 2022
Two key African aviation bodies—a pan-African aviation bureau and a lobby group that represents 44 of the continent’s airlines—are intensifying their cooperation under a new MOU.
Feb 16, 2022
Latvia-headquartered wet-lease and cargo operator SmartLynx has ordered six A321 passenger-to-freighter (P2F) conversions from ST Engineering and Airbus’ German joint venture Elbe Flugzeugwerke GmbH (EFW).
Feb 16, 2022
Fears of Russian invasion continue to affect Ukraine’s air transport industry.
Feb 16, 2022
Lessor BOC Aviation has ordered eight shipsets of CFM International Leap 1A engines to power new Airbus A320neo family aircraft on order and scheduled for delivery in 2023.
Feb 15, 2022
JetBlue Airways plans to use the Airbus A220s to replace its fleet of 60 aging Embraer E190s.
Feb 15, 2022
Airline executives’ growing confidence in a return to something approaching normality in 2022 slowed over the past two months as the global effects of the omicron coronavirus variant continued to spread.
Feb 15, 2022
The network growth increases competition with Lufthansa on U.S. routes from Frankfurt.
Feb 15, 2022
Australian startup LCC Bonza has revealed the 25 routes that will comprise its launch network, as well as the airports it will use as its initial hubs.