Airlines & Lessors
Aug 16, 2017
Royal Jordanian (RJ) has announced a series of measures to strengthen its income as the airline faces increasing competition in its home market.
Aug 16, 2017
Cathay Pacific has plunged further into the red for the first half of 2017, and is pinning its hopes on a transformation plan to help counter surging competition.
Aug 15, 2017
Citing significant second-quarter gains in yield, operating income, revenue and traffic, Colombia’s Avianca Holdings raised its full-year EBIT margin guidance to between 7%-9%, up one point from 1Q 2017, the company reported Aug. 15.
Aug 15, 2017
A weaker second-quarter performance has dealt a setback to Thai Airways’ financial turnaround efforts, dragging the carrier into the red for the first half of the year.
Aug 15, 2017
German carrier airberlin, in which Etihad Airways has a 29.2% stake, filed for insolvency Aug. 15 after Etihad withdrew financial support.
Sep 07, 2021
British Airways (BA) plans to acquire sustainable aviation fuel (SAF) from Air BP, giving passengers the option of contributing toward the additional cost.
Sep 07, 2021
Avianca’s post-bankruptcy business plan rests on a leaner cost structure and fewer aircraft overall.
Sep 07, 2021
U.S. consumer prices jumped more than 5% in the year to July 2021, the highest annual rate in many years. That has prompted worries that chronic…
Sep 07, 2021
Figures issued Sept. 6 by ACI Europe showed that on Aug. 1, passenger traffic through UK airports was still 72% below 2019 levels while EU airports were only down 43%.
Sep 07, 2021
Despite the surge in demand and strong leisure business over the summer, 2021 will still be “economically challenging,” according to Eurowings CEO Jens Bischof.
Sep 07, 2021
Garuda Indonesia will be subsumed into a new state holding company once the national carrier’s debt restructuring is complete.
Sep 07, 2021
The U.S. startup has teamed with UK-based LCC easyJet on the project to get direct airline input while it is still in the development phase.
Sep 06, 2021
Virgin Atlantic is shrinking the business-class cabin inside some of its A350-1000s to make way for more economy seats in a new seating layout tailored for certain leisure routes, beginning with flights from London Heathrow to Orlando, Florida.