Airlines & Lessors
Mar 22, 2017
FedEx Corp. has posted a consolidated net profit of $562 million for its FY2017 third quarter covering the peak holiday period between December 2016 and February 2017, a 10.8% increase over $507 million net income in the year-ago quarter.
Mar 21, 2017
Noting the US airline industry saw its seventh consecutive year of profitability in 2016, FAA is projecting the US will see a “competitive and profitable aviation industry characterized by increasing demand for air travel [with] airfares growing more slowly than inflation” over the next 20 years, according to the agency’s annual Aerospace Forecast for fiscal years 2017-2037.
Mar 21, 2017
Thai Airways International posted a net profit of THB46.8 million ($1.3 million) for 2016, a turnaround from the airline’s THB13 billion net loss in 2015.
Mar 21, 2017
Reunion-based Air Austral has been selected as Air Madagascar’s preferred strategic partner over a rival short-listed bid from Star Alliance carrier Ethiopian Airlines.
Mar 21, 2017
Singapore-headquartered lessor BOC Aviation has placed an order for 13 Boeing 737 MAX 8s.
May 24, 2021
Indian airline IndiGo has announced an order for 620 CFM International LEAP-1A engines—a move that reinforces the LCC’s intention to take delivery of all of its massive orderbook of Airbus narrowbodies.
May 23, 2021
The Ryanair Boeing 737-800 with about 170 passengers was on a scheduled flight from Athens Airport in Greece to Vilnius Airport in Lithuania when it was intercepted by a MiG-29 fighter jet that escorted it to Minsk, the capital of Belarus, where it was forced to land.
May 21, 2021
The Spanish flag-carrier's four-year plan will first focus on emerging from the COVID-19 crisis, followed by longer-term efforts to return to the ranks of the world’s leading airlines.
May 21, 2021
Sixteen destinations will make up the launch network for Breeze Airways, the U.S. startup led by JetBlue founder David Neeleman.
May 21, 2021
South Tyrolean regional airline Sky Alps plans to launch its first routes in mid-June.
May 21, 2021
The company—Yuyuan Aviation Industry Limited Partnership—will be specifically for investing in the airline industry.
May 21, 2021
UK Prime Minister Boris Johnson has announced plans to create a “Global Pandemic Radar” in partnership with the World Health Organization (WHO) to track emerging diseases and avert a repeat of the COVID-19 crisis.
May 20, 2021
Attestor is investing €200 million ($244 million) in a 51% stake of the carrier and said it will provide funding for the much-needed renewal of the airline’s aging widebody fleet.