Airlines & Lessors
May 12, 2017
Gulf low-cost carrier (LCC) Air Arabia reported a first-quarter net profit of AED103 million ($28 million), down 10% compared to net profit of AED114 million in the 1Q 2016. Revenue for the quarter was AED810 million, down 14% year-over-year.
May 12, 2017
Argentine ultra low-cost carrier (ULCC) startup Flybondi has finalized a lease agreement on its first Boeing 737-800 and is in talks to secure a fleet of up to 10 737-800s for 2017-18.
May 12, 2017
Long-haul, low-cost carrier (LCC) AirAsia X is looking to increase frequencies on its most popular routes and expand into under-served markets, CEO Benyamin Ismail said while in the US to promote the launch of flights to Hawaii.
May 11, 2017
Bombardier executive chairman Pierre Beaudoin said he intends to give up his executive role at the Canadian company June 30, but will stay on as non-executive chairman of Bombardier’s board of directors.
May 11, 2017
A combination of geo-political and macroeconomic factors brought about a sharp reduction in earnings at Emirates Airline in the 2016-17 financial year, the Dubai-based carrier reported May 11.
Jul 06, 2021
After a series of false dawns, the Canadian carrier is confident its flights will finally restart in September.
Jul 06, 2021
A Kamchatskoe Air Enterprise An-26 turboprop has crashed on the Kamchatka peninsula in the Russian Far East with 28 people on board.
Jul 05, 2021
The European Commission has questioned whether the Romanian government's plans for restructuring and funding of TAROM comply with EU state aid guidelines, observing that the airline “has been experiencing financial difficulties for years.”
Jul 05, 2021
Spanish regional airline startup UEP Fly is planning to put tickets on sale in the coming days ahead of its launch of ATR 72-500 flights on July 15.
Jul 02, 2021
Lufthansa Group airlines head of sales for sub-Saharan Africa tells Aviation Daily that Africa is traveling again.
Jul 02, 2021
The parent company of Porter Airlines has finalized a loan with the Canadian government ahead of Porter’s planned Aug. 3 resumption of service.
Jul 02, 2021
DAE Capital, the leasing arm of Dubai Aerospace Enterprise (DAE), has maintained a stable portfolio as of the end of the first half (H1) of 2021, acquiring and selling 16 aircraft.
Jul 02, 2021
Sky Express said it would be able to optimize connectivity to the islands of Greece using the newer, more sustainable regional turboprop.