Airlines & Lessors
Aug 24, 2017
China’s Spring Airlines plans to collect CNY4 billion ($600 million) by circulating non-public A shares to purchase 10 A320 aircraft and one A320 simulator.
Aug 24, 2017
The European Aviation Safety Agency (EASA) has issued an emergency airworthiness directive (AD), warning operators about a risk of the Airbus A350 hydraulic engine driven pump (EDP) overheating and causing a fire.
Aug 23, 2017
Rising fuel expenses, combined with the cost of operating new international routes, were behind Thailand LCC Nok Air’s THB749 million ($22 million) net loss for the 2017 second quarter, narrowed from a THB864 million net loss in 2Q 2016.
Aug 23, 2017
Amid intense pressure to find quick solutions for the failing airberlin business, the company’s creditor committee is expected to grant preliminary approval for the sale of Austrian affiliate Niki to Lufthansa at its Aug. 23 meeting.
Aug 23, 2017
Airport and airline traffic; aircraft values; Jan-June 2017; 2017 Second Quarter Airline & Lessor Financials Results
Sep 13, 2021
The Australian Competition and Consumer Commission has denied authorization for Qantas Airways and Japan Airlines (JAL) to coordinate flights between Australia and Japan.
Sep 13, 2021
The recruitment drive will support the arrival of new aircraft joining Wizz Air’s fleet, but the airline could not confirm several media reports regarding a potential new order for another 100 Airbus A320 family aircraft.
Sep 13, 2021
IATA has named former Singapore Airlines executive Philip Goh as its new regional VP.
Sep 10, 2021
LATAM Airlines Group has released a five-year business plan that projects 13% revenue growth from pre-crisis levels by 2026, driven in part by a forecast of robust growth in Brazil and Chile’s domestic markets.
Sep 10, 2021
Japan Airlines (JAL) has revealed plans to raise another ¥300 billion ($2.7 billion) in financing to help strengthen its business in the COVID-19 industry recovery phase.
Sep 10, 2021
Two European wet-lease operators—Ireland’s CityJet and Estonia’s Xfly—are each separately looking to expand their ACMI businesses to include Embraer E-Jets, in response to market demand.
Sep 10, 2021
South African airline Comair has swelled its capital by a further R270 million ($19 million), generated from the sale of its SLOW Lounge business and an anti-trust settlement payment from South African Airways (SAA).
Sep 10, 2021
Twenty years on from 9/11, the global industry is battling the COVID-19 pandemic, which has shaped up to be the worst crisis in the history of commercial aviation. But the difference between then and now is that U.S. airlines are poised to recover more rapidly.