Airlines & Lessors
Nov 10, 2017
Honolulu-based Island Air, which has operated inter-island flights in Hawaii for 37 years, abruptly announced it will cease operations.
Nov 10, 2017
UK-based aircraft interiors designer and manufacturer AIM Altitude has promoted group commercial director Richard Bower to CEO, succeeding Mark Edwards in the role.
Nov 10, 2017
Finnair has again stepped up its 2017 full-year operating profit outlook to over €155 million ($180 million) - nearly triple the €55 million figure it posted in 2016 - exceeding the top end of its most recent €135-155 million guidance.
Nov 10, 2017
UK LCC easyJet has selected TUI Group deputy CEO Johan Lundgren as its next CEO, succeeding Carolyn McCall who will hand over leadership of the airline on Nov. 30.
Nov 09, 2017
Panama City-based Copa Holdings faced severe operational challenges during the 2017 third quarter—including extreme weather, and natural disasters that Copa said affected both its 3Q financial results and hub operations in Panama City— but the company nonetheless posted a 40.2% increase in its third-quarter net profit to $103.8 million, compared to $74 million in 3Q 2016.
Nov 11, 2021
The airline detailed how many new routes the NEA has enabled and defended the alliance, which has been heavily criticized by other airlines and is the target of an antitrust lawsuit filed by the U.S. Justice Department.
Nov 10, 2021
Pilots say the offer does not go far enough to address structural issues that have strained the company’s operations in recent months.
Nov 10, 2021
Brazilian operator GOL is facing some challenges in its fleet simplification due to the slower ramp up of Boeing 737 MAX production.
Nov 10, 2021
Across the Asia-Pacific region LCCs account for 28% of domestic seats on average but in Japan this figure sits at just 11%.
Nov 10, 2021
Lease rates on current-generation models that declined during the downturn are reversing course, with even some widebody values showing resilience, AerCap CEO Aengus Kelly said.
Nov 10, 2021
New European cargo airline DHL Air Austria has launched operations, with ambitions to grow to a fleet of 18 Boeing 757s by the first quarter of 2022.
Nov 10, 2021
Emirates Group said its fiscal first-half (H1) loss narrowed to AED5.7 billion ($1.5 billion), down from AED14.1 billion in the same period a year earlier, as easing travel restrictions underpinned the recovery.
Nov 10, 2021
Lufthansa Group has raised €1.5 billion ($1.7 billion) in its latest corporate bond issue to improve liquidity and refinance existing debt.