Airlines & Lessors
Apr 21, 2017
Hawaiian Holdings, parent of Hawaiian Airlines, reported a $36.9 million net profit for the 2017 first quarter, down 28.3% from a $51.5 million net income in 1Q 2016.
Apr 21, 2017
Greece-based Aegean Airlines and subsidiary Olympic Air carried 2.1 million passengers in the first quarter, up 5% compared to 2.01 million the year-ago quarter.
Apr 21, 2017
Royal Jordanian’s charter subsidiary, Royal Wings, will reinforce its initial scheduled services from the Jordanian resort of Aqaba, with a second destination.
Apr 21, 2017
A US federal bankruptcy judge in New York has approved the reorganization plan of Indianapolis-based Republic Airways Holdings, paving the way for Republic to exit Chapter 11 protection.
Apr 20, 2017
Calgary-based low-cost carrier (LCC) WestJet, Canada’s second largest airline, said it will launch an ultra LCC by the end of 2017.
Jun 16, 2021
The first aircraft, of which Ryanair has 210 on order, flew overnight from Seattle to land in Dublin Airport June 16.
Jun 16, 2021
This means the country’s airlines have to endure at least four more months with little domestic passenger revenue.
Jun 16, 2021
In a sign of a further alignment of UAE carriers Etihad Airways and Air Arabia, the two airlines plan to link their respective loyalty schemes.
Jun 16, 2021
The administrators have appointed Suvadhana Sibunruang, Thai Airways’ chief human resources, as acting CEO between June 16 to Sept. 30 as they get to work on implementing the rehabilitation plan for the flag-carrier.
Jun 16, 2021
In a stark contrast with U.S. domestic leisure travel, which is projected to reach 99% of its pre-pandemic peak in 2022 and then continue to grow, only about 35% of U.S. companies are currently engaging in any business-related travel.
Jun 15, 2021
TAP Portugal will appoint former Flybe CEO Christine Ourmieres-Widener to become the company’s new CEO.
Jun 15, 2021
Lufthansa Group is forecasting positive cashflow in the second quarter and aiming for an adjusted EBIT margin of 8% or more in 2024, as preparations for a capital increase begin.
Jun 15, 2021
Royal Jordanian has reached an agreement with one of its larger lessors and is in final negotiations with three other lessors, as part of the carrier’s post-pandemic restructuring.