Airlines & Lessors
Apr 06, 2017
China Eastern Airlines reported a 2016 net profit of CNY4.5 billion ($635 million) in 2016, down a slight 0.73% over a net income of CNY4.54 billion in 2015.
Apr 04, 2017
American Airlines is having the sort of sticker shock it’s nice to have; the carrier is sticking 2017 ATW Airline of the Year decals on the fuselages of all 968 of its mainline aircraft.
Apr 04, 2017
Irish lessor Avolon completed the acquisition of New York-based CIT Group’s leasing business April 4 at a sale price of $10.4 billion.
Apr 04, 2017
Philippine-based low-cost carrier (LCC) Cebu Pacific Air posted a PHP9.8billion ($196.4 million) net profit in 2016, more than doubling the company’s PHP4.4 billion net income reported in 2015.
Apr 03, 2017
Russian air freight carrier AirBridgeCargo (ABC) Airlines has taken delivery of the first of two Boeing 747-8Fs under a long-term lease agreement with US-based lessor Intrepid Aviation.
Jun 04, 2021
United Airlines believes dynamics in the post-pandemic domestic market will be different for LCCs looking to capitalize on the shrinking of larger network airlines.
Jun 03, 2021
Plans for Ecuadorian startup Ecuatoriana Airlines were finalized in late 2019, before the COVID-19 pandemic upended the aerospace industry, and prior to the demise of the country’s former flag carrier Tame.
Jun 03, 2021
American Airlines said it turned cash-positive in May for the first time in a year, and expects the momentum to continue through the summer, driven by strong demand for leisure travel.
Jun 03, 2021
IATA has urged the G7 group of nations to make data-driven decisions to manage the risks of COVID-19 when reopening international air routes.
Jun 03, 2021
Unlike most airlines in the Middle East region, Saudi Gulf is privately owned and “we ran out of cash,” CEO Ismail Karimi said.
Jun 03, 2021
Embraer has received EASA certification for the E190-E2 regional jet to operate into London City Airport (LCY), a major European business hub.
Jun 03, 2021
Delta Air Lines wants to begin a codeshare with airBaltic on two dozen routes from the Latvian carrier’s hubs in Riga, Tallinn and Vilnius.
Jun 03, 2021
The U.S. Transportation Department (DOT) has granted Vistara tentative approval to begin scheduled operations between India and the U.S.