Airlines & Lessors
Feb 23, 2018
International Airlines Group (IAG) is reviewing the future fleet composition of its new long-haul LCC Level now that the airline has produced encouraging results in its first seven months of flying.
Feb 23, 2018
Tianjin Cargo Airlines has secured approval for three Boeing 737 family freighters from the Civil Aviation Administration of China (CAAC), paving the way for a May 2 launch.
Feb 23, 2018
Reflecting a 20% increase in volumes and a 17% rise in full-year revenues, Atlas Air Worldwide Holdings posted a $223.5 million net profit for 2017—a fivefold increase over the Purchase, New York-based air freight carrier’s $41.5 million net income for 2016.
Feb 23, 2018
Encouraged by much-improved results across all airline units and robust unit revenues, International Airlines Group (IAG) plans to expand capacity significantly in 2018, a move met with concerns by investors.
Feb 22, 2018
Mexico City-based ultra-LCC Volaris—faced with a very competitive low-cost market combined with fluctuating currency exchange rates—posted a MXP595 million ($30.2 million) full-year net loss for 2017, reversed from MXP3.5 billion net profit in 2016.
Feb 03, 2022
Executives at Allegiant Air believe the company will continue its streak of outperformance in 2022, with revenue and capacity in the first quarter (Q1) expected to come in well ahead of 2019 levels.
Feb 03, 2022
Norwegian LCC Flyr has reported a 53.7% load factor for January following the latest round of COVID-19 travel restrictions, but the Nordic newcomer still plans to operate up to 18 aircraft by year-end.
Feb 03, 2022
Ethiopian Airlines marked the return of its Boeing 737 MAX operations with the completion of a four-hour-long special flight around the nation with guests on board.
Feb 03, 2022
Following his promotion Stanley Ng becomes the first pilot to lead the airline in over 60 years.
Feb 02, 2022
American Airlines converted purchase options to secure a firm order for 30 additional 737-8s from Boeing, while at the same time agreeing to push out a host of 787 deliveries expected in 2023.
Feb 02, 2022
Plans to restore Pakistan International Airlines (PIA) to profitability have reportedly been delivered to the country’s Finance Ministry.
Feb 02, 2022
The move is part of the carrier's post-pandemic strategy to buttress its short-haul network.
Feb 01, 2022
As Europe’s airlines look beyond the omicron coronavirus variant to what they hope will be a successful summer season, fuel is in focus, as jet fuel prices reach record highs.