Airlines & Lessors
Jul 21, 2017
Latin American airlines are expected to post a collective $800 million net profit in 2017, up 33.3% from $600 million in net income in 2016.
Jul 21, 2017
Uncertainty hangs over Europe as the headwinds of Brexit, terrorism, declining yields and ongoing labor battles pummel the industry.
Jul 21, 2017
Growth of the three major Gulf carriers has continued. But even Emirates Airline, Etihad Airways and Qatar Airways have seen clouds on the horizon over the past year.
Jul 21, 2017
Despite earnings pressure on many Asia-Pacific region airlines in 2017, the annual collective profit for this region is likely to be similar to 2016s.
Jul 21, 2017
UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30.
Aug 19, 2021
Tourists were told to leave Martinique after a new wave of COVID cases, highlighting the fragile nature of the broader aviation sector recovery—when the virus reemerges in a given region, the situation for the airlines serving it can change dramatically in days.
Aug 19, 2021
Avelo Airlines will begin U.S. East Coast service with four routes from its Connecticut base to four leisure-heavy Florida destinations—Ft. Lauderdale, Ft. Myers, Orlando and Tampa Bay—the recent start-up said Aug. 19.
Aug 19, 2021
Virgin Atlantic has become a customer of Storegga, a UK-based company that specializes in carbon removal, as part of an ongoing effort to reduce its environmental impact.
Aug 19, 2021
New Zealand regional airline Sounds Air has confirmed its launch orders with Swedish startup Heart Aerospace for an initial three ES-19 electric 19-passenger aircraft.
Aug 19, 2021
The country will establish vaccination travel lanes with Brunei and Germany, allowing inoculated passengers to travel into the country without the requirement to quarantine.
Aug 19, 2021
Emirates has signed a codeshare agreement with Azul that allows passengers to connect to eight cities in Brazil via São Paulo Guarulhos.
Aug 19, 2021
Italy’s new national carrier Italia Trasporto Aereo (ITA) has got the go-ahead to put tickets on sale and begin flying.
Aug 19, 2021
The U.S. Transportation Department will limit capacity on some flights to the U.S. operated by Chinese airlines in retaliation to a similar move by authorities in China.