Airlines & Lessors
Oct 27, 2017
Grupo Aeromexico posted a MXP339 million ($18.6 million) net profit for the third quarter of 2017, down 49% from net income of MXP665 million in 3Q 2016.
Oct 27, 2017
Russian airlines carried 81 million passengers in the first nine months of 2017, up 19.7% year-over-year (YOY).
Oct 27, 2017
Air Mauritius CEO Somaskaran Appavou believes the Vanilla Alliance, which was established in 2015 by the Indian Ocean Commission (IOC) airlines, needs a carrier to take the lead to move it forward.
Oct 27, 2017
The South African government has confirmed that national carrier South African Airways (SAA) will receive recapitalization totaling ZAR10 billion ($700 million) in the 2017-18 financial year.
Oct 27, 2017
International Airlines Group (IAG) has reported what it described as a strong third quarter, despite disruptions caused by weather and terrorism during the period.
Oct 29, 2021
Turkish Airlines has decided to increase the crew wages of its cockpit personnel by 25% and the pay of its remaining domestic staff by 20%, based on current wages, effective Oct. 1, 2021.
Oct 29, 2021
China Express Airline’s profit streak ended in the 2021 third quarter (Q3) as two safety incidents dragged down the airline’s operating numbers, compounded by the outbreak of COVID-19 cases in key cities.
Oct 29, 2021
Air France-KLM is expecting its 2021 fourth-quarter (Q4) capacity to reach as much as three-quarters of 2019 levels and has posted a much lower net loss for the September quarter as the recovery in air travel demand continues.
Oct 28, 2021
Spirit Airlines has pushed out some recovery targets as it works to prevent operational meltdowns similar to the massive disruptions that cost the ULCC $50 million in the third quarter.
Oct 28, 2021
Colombia’s Avianca plans to make its Boeing 787s the only widebody passenger aircraft in its fleet, simplifying long-haul operations within the Americas and Europe.
Oct 28, 2021
Allegiant Air is joining many U.S. airlines in finding ways to combat pandemic-induced irregular operations.
Oct 28, 2021
Strong corporate demand between the U.S. and the UK is fueling the carrier’s latest transatlantic expansion.
Oct 28, 2021
Italy’s Blue Panorama Airlines, which operated as Luke Air, suspended operations on Oct. 28 due to financial problems related to the COVID-19 pandemic.