Airlines & Lessors
Nov 02, 2017
A change in pricing strategy to stimulate the market, plus tight capacity control, were two of the factors behind a considerably improved 3Q financial performance by Royal Jordanian, the airline has said.
Nov 01, 2017
The administrators of UK leisure carrier Monarch Airlines—which entered into administration Oct. 2—are scheduled in court next week to determine whether the carrier still has allocation powers over its airport slots.
Nov 01, 2017
International Airlines Group (IAG) CEO Willie Walsh is aiming to finalize Spanish long-haul LCC Level’s next steps before year-end and hire a dedicated CEO for the business.
Nov 01, 2017
US airlines are past the peak of their current cycle of profitability and urgently seeking cost savings as expense increases outpace revenue gains, Airlines for America (A4A) chief economist John Heimlich said.
Nov 01, 2017
Calgary-based LCC WestJet has modified its Boeing commitments to include the 737-10 model, the airline told analysts during its third-quarter earnings call Oct. 31.
Nov 02, 2021
Minneapolis-based Sun Country Airlines managed to top its 2019 third-quarter (Q3) revenues in the most recent quarter, despite the impact of the delta coronavirus variant.
Nov 02, 2021
Air Canada has opted to purchase two Airbus A220s from an order the company previously canceled now that it has a more informed view of its recovery from the COVID-19 pandemic.
Nov 02, 2021
Denmark-based logistics company AP Moller–Maersk is buying two Boeing 777F dedicated freighters.
Nov 02, 2021
British Airways (BA) has moved to further bolster its balance sheet with agreement on a new credit facility with a UK government agency.
Nov 02, 2021
Gulf Air has joined the trend of airlines developing new revenue streams by launching private charter services using its mainline aircraft.
Nov 02, 2021
The move is part of a restructuring process to tackle the embattled flag-carrier’s debt.
Nov 02, 2021
Japan Airlines (JAL) is seeing signs of financial improvement based partly on a strengthening domestic recovery, although it is still predicting a heavy loss for its full fiscal year.
Nov 02, 2021
The easing of many domestic border restrictions in Australia will give a welcome boost to the local airline industry as carriers ramp up their interstate networks again.