Airlines & Lessors
Dec 14, 2016
Third-quarter 2016 net profits for the airline industry were up 4.9% year-over-year, according to a sampling of 67 airlines reported in IATA’s latest Airlines Financial Monitor.
Dec 14, 2016
Avianca Brasil has been challenged by weak demand, high fuel prices, taxes and overcapacity this year as it navigates through a tough economic climate in Brazil.
Dec 14, 2016
SAS Scandinavian Airlines plans to open aircraft bases in Europe within the next 12 to 15 months, as it seeks to cut costs to appeal to leisure travelers.
Dec 14, 2016
Seattle-based Alaska Air Group has closed its $4 billion acquisition of San Francisco-based Virgin America, creating the fifth largest airline in the US.
Dec 14, 2016
Azerbaijan Airlines (AZAL) plans to launch a low-cost carrier (LCC) subsidiary, BUTA Airways.
Mar 26, 2021
EasyJet CEO Johan Lundgren, who assumed his new role as Airlines for Europe (A4E) chairman on March 25, anticipates a challenging year ahead as Europe’s airlines attempt to revive their air links in the wake of COVID-19.
Mar 26, 2021
Ethiopian Airlines has reported that it operated 5,645 cargo flights using the cabin of passenger aircraft for freight over the past 12 months.
Mar 26, 2021
Hong Kong-based China Aircraft Leasing Group (CALC) announced March 25 that it had agreed with Boeing to trim its order for 737 MAX family aircraft from 92 aircraft to 66.
Mar 25, 2021
Airline initial public offerings (IPOs) are relatively rare events in the U.S., with just two carriers going public during the last decade—Mesa Airlines in 2018 and Virgin America in 2014.
Mar 25, 2021
Hawaiian Airlines is the latest U.S. operator to cite growing momentum in bookings, and as a result the company’s outlook for the first quarter has improved.
Mar 25, 2021
European airlines have welcomed news of progress on a European Commission plan aimed at facilitating international travel while calling on governments to do more to support a summer recovery.
Mar 25, 2021
Optimistic about a European summer travel recovery, Ryanair is expanding its Marseille base, its largest in France.
Mar 25, 2021
Lufthansa subsidiary Austrian Airlines will further reduce its fleet and cut more jobs as the COVID-19 crisis drags on.