Airlines & Lessors
Mar 28, 2017
UK carrier bmi regional is evaluating several strategies if the UK leaves the European Union (EU), or Brexit, as the carrier said it would most likely no longer have guaranteed access to the European Common Aviation Area (ECAA) beginning in 2019.
Mar 28, 2017
American Airlines confirmed it has agreed to make a $200 million equity investment in China Southern Airlines, and the two airlines will enter into a long-term partnership.
Mar 27, 2017
Singapore-based lessor BOC Aviation posted a 2016 net profit of $418 million, up 21.9% from the company’s $343 million in net profit for 2015.
Mar 27, 2017
China Southern Airlines has confirmed that American Airlines is acquiring a stake in the Guangzhou-based carrier.
Mar 24, 2017
Hong Kong-based China Aircraft Leasing Group posted a 2016 net profit of 638.4 million Hong Kong dollars ($82.3 million), up 67.9% from the company’s HK$380.2 million net profit in 2015.
May 28, 2021
The U.S. FAA has issued a Notice to Airmen advising U.S. passenger airlines to exercise extreme caution while flying over Belarus.
May 28, 2021
As U.S. airlines gear up for an expected surge in travel demand for the summer season, operators in Canada are still waiting for their government to offer guidance toward easing its heavy restrictions, many of which have been in place for more than a year.
May 28, 2021
Ryanair Group airline Lauda Europe plans to not renew the leases of its 29 Airbus A320ceos, saying the aircraft are less efficient than Ryanair´s Boeing 737-800 fleet and the Group’s incoming 737 MAX 200s.
May 28, 2021
Hawaiian Airlines is terminating its Ohana turboprop operation, confirming that the service will not return after months of suspension due to the coronavirus crisis.
May 27, 2021
The Association of Flight Attendants-CWA (AFA) and Norse Atlantic Airways reached a pre-hire agreement that guarantees job protections for the aspiring airline’s future U.S.-based flight attendants.
May 27, 2021
Improvements in profitability are being driven by strong leisure travel demand, which has reached 2019 levels, as well as “modest improvement” in business demand, which is now at roughly 25% of pre-crisis levels.
May 27, 2021
The Indian airline industry is now poised for a period of ownership shifts, with some moves prompted by the latest travel slump.
May 26, 2021
Scandinavian Airlines (SAS) has received a boost to its liquidity from two of its major shareholders, on the same day LCC Norwegian announced it had completed its reconstruction process.