Airlines & Lessors
May 01, 2017
Sweden-based cargo airline West Atlantic is to seek new business outside its traditional Western European area of operations, as it reported an increased net loss of SEK81.8 million ($9.3 million) for 2016, compared to a loss of SEK49.6 million in 2015.
May 01, 2017
Most Chinese carriers are reporting declines in first-quarter net profits because of rising fuel expenses that collectively increased 40%-50%.
May 01, 2017
UAE-based lessor Dubai Aerospace Enterprise (DAE) signed long-term lease agreements May 1 for 10 ATR 72-600 regional turboprops with Air India regional subsidiary Alliance Air.
May 01, 2017
Calgary-based low-cost carrier WestJet has appointed Bob Cummings as EVP of its yet-to-be-named ultra-low-cost carrier (ULCC), which will launch late in 2017 or early 2018 with an initial fleet of 10 “high-density” Boeing 737-800s.
May 01, 2017
Grupo Aeromexico reported a MXP258 million ($13.8 million) net loss in the 2017 first quarter, reversed from a MXP161 million net profit in the year-ago quarter.
Jun 24, 2021
Starting from June 28, passengers traveling on selected Singapore Airlines (SIA) Airbus A350s will be able to shop, buy and pay for duty-free products online from their inflight entertainment (IFE) system.
Jun 24, 2021
Alternative investment specialist Bain Capital plans to acquire 16.6% of Icelandair Group for ISK8.09 billion ($65.8 million), with options to further increase its stake.
Jun 24, 2021
PLAY launched services on June 24 with an A321neo flight from Iceland to London, a day after announcing plans for an IPO.
Jun 23, 2021
Spirit Airlines is looking to cement its status as South Florida’s premier ULCC with new service out of Miami International Airport (MIA) beginning in September.
Jun 23, 2021
WestJet will integrate at least four 737-800 Boeing Converted Freighters (BCFs) to its expanding cargo strategy and plans to have at least two operating when its first dedicated freighter service is launched early in 2022.
Jun 23, 2021
After serving at the helm of Southwest Airlines for nearly 17 years, CEO Gary Kelly will “transition roles” in February 2022, stepping aside from leading the Dallas-based carrier to serving as its Executive Chairman.
Jun 23, 2021
Helvetic says it becomes the first carrier to operate both the E190-E2 and the larger E195-E2.
Jun 23, 2021
Finnair said its passengers would benefit from improved connectivity to a network of 57 destinations in China from Juneyao’s Shanghai Pudong hub, while Juneyao customers will enjoy better access to Finnair’s 65 European destinations via Helsinki Vantaa.