Airlines & Lessors
May 10, 2017
Lithuania-based lessor AviaAM Leasing has warned that airlines may have to list operating leases on their balance sheet, once new financial reporting standards come into effect in 2019.
May 10, 2017
It is almost impossible to imagine Etihad Airways without James Hogan, but come July that will be a reality. How do airline brands move on when their face changes?
May 09, 2017
Ireland-based lessor AerCap reported net income of $261.2 million for 1Q 2017, up 17% compared with $223.1 million for the same period in 2016.
May 09, 2017
China’s booming air travel market will require 3,200 new airliners over the coming decade, with more than 50% still to be ordered, according to a new study released by lessor Avolon.
May 09, 2017
American Airlines has boosted its second-quarter unit revenue forecast after a strong traffic performance in April.
Jul 02, 2021
Etihad Airways and El Al Israel Airlines have launched a codeshare agreement following the normalization of diplomatic relations between the United Arab Emirates (UAE) and Israel in 2020.
Jul 02, 2021
“Recently Cyprus Airways was acquired by the SJC Group, a Maltese group with operations across Africa and the Middle East,” Cyprus Airways disclosed June 30.
Jul 01, 2021
Southwest Airlines pilots said a staff shortage caused by an aggressive schedule ramp-up and training bottleneck is exacerbating operational challenges plaguing the company in recent weeks.
Jul 01, 2021
Spiraling coronavirus infection rates have led to a more than three-week suspension of flights for fledgling South African LCC Lift.
Jul 01, 2021
Flypop, which plans a series of routes between the UK and South Asia, aims to start low-cost long-haul flights in October, but much depends on the state of the COVID-19 pandemic at that point.
Jul 01, 2021
Munich-Dubai was a regular fixture of Lufthansa’s network from 2003 to 2016, but the Star Alliance member suspended the route shortly after Emirates increased its frequencies to 3X-daily.
Jul 01, 2021
Scandinavian startup Flyr, backed by industry veteran Erik Braathen, has launched its first commercial routes, initially focusing on connecting domestic destinations in Norway.
Jul 01, 2021
U.S. Secretary of State Antony Blinken said in a letter to Transportation Secretary Pete Buttigieg that the ban was necessary following Belarus’ forced diversion of a Ryanair flight on May 23 so a dissident journalist aboard the aircraft could be detained.