Airlines & Lessors
May 30, 2017
Ultra-low-cost carrier (ULCC) Allegiant Air EVP and COO Jude Bricker resigned May 26, the Las Vegas-based carrier announced without further explanation.
May 30, 2017
Irish low-cost carrier (LCC) Ryanair reported a full-year net profit of €1.3 billion ($1.5 billion), up 6% from a €1.2 billion net profit in the year-ago period.
May 30, 2017
Greece-based Aegean Airlines reported a 2017 first-quarter net loss of €35.8 million ($38.4 million), widened from a net loss of €21.5 million for the year-ago quarter.
May 30, 2017
Lufthansa Group low-cost (LCC) subsidiary Eurowings—which remains the fastest-growing airline in Europe—aims to continue its fleet expansion and eventually double the number of aircraft it has in order to compete with other European LCCs such as the UK’s easyJet and Ireland’s Ryanair.
May 30, 2017
Calgary-based low-cost carrier WestJet has named Charles Duncan as the new head of WestJet Encore, WestJet’s regional airline, effective June 6, pending immigration approval.
Jul 15, 2021
Logic dictates that the stark differences in the full-service and ultra-low-cost business models would prohibit those operators from ever forging partnerships.
Jul 15, 2021
In its latest act of support for EU carriers, the European Commission (EC) has approved further assistance for Scandinavian Airlines (SAS).
Jul 15, 2021
Cathay Pacific is due to introduce its first Airbus A321neos into service in August, as the carrier continues to gradually increase its network and capacity.
Jul 15, 2021
A combination of employment-preservation measures has allowed TAP Air Portugal to radically reduce the number of redundancies it initially planned to make as a result of the pandemic.
Jul 15, 2021
Domestic travel restrictions are likely to remain in place in Malaysia into the 2021 fourth quarter (Q4), causing a major setback for Malaysia Airlines’ recovery timetable.
Jul 15, 2021
The Helsinki-based carrier is set to reassess its strategy in the fall as a result of COVID-19's impact on the sector.
Jul 15, 2021
Vietnam Airlines is considering whether to set up a dedicated air freight operation and has also decided to sell ATR 72-500s.
Jul 15, 2021
Rossiya hopes to deploy the narrowbody in summer 2022 after receiving assurances from airframer Irkut regarding the delivery schedule for the aircraft.