Airlines & Lessors
Nov 30, 2016
Kuala Lumpur-based Malaysia Airlines said it is making steady progress on its turnaround plan with an encouraging performance in the third quarter.
Nov 30, 2016
Hainan Airlines’ low-cost subsidiary Lucky Air plans to launch a low-cost carrier (LCC) in the Sichuan Province capital of Chengdu in an effort to explore the market potential of Southwest China.
Nov 30, 2016
Russia’s Aeroflot Group has reported a net profit of RUB43.8 billion ($693.5 million) for the first nine months of 2016 to Sept. 30, up significantly from RUB1.8 billion in the year-ago period.
Nov 29, 2016
Russian airlines carried 7.7 million passengers in October, up 4% year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Nov 29, 2016
Chinese carriers have accelerated their international expansion pace as outbound travel continues to grow.
Mar 16, 2021
Virgin Atlantic has taken a further step to bolster its liquidity as it awaits the hoped-for return of passengers later this year.
Mar 16, 2021
U.S.-based low-cost airline investor Indigo Partners has sold half of its remaining shares in Wizz Air.
Mar 16, 2021
Privately owned Nigerian carrier Azman Air has suspended operations pending a safety audit, just as it was about to introduce its first Airbus A340-600.
Mar 16, 2021
Two months after Norwegian Air Shuttle ended transatlantic flying to focus on routes closer to home, a new Norway-based airline has unveiled plans to enter the low-cost long-haul market.
Mar 15, 2021
JetBlue Airways believes its new partnership with American Airlines will create flexibility to utilize more airport slots that were previously not available to the airline.
Mar 15, 2021
German transport-finance specialist DVB Bank has agreed to sell its entire aviation investment and asset management business to joint venture partners Strategic Value Partners Global (SVPGlobal) and EnTrust Global’s Blue Sky Aviation.
Mar 15, 2021
A host of U.S. airlines forecast improved bookings for spring and summer travel, driven by continued positive momentum in COVID-19 case counts and vaccinations.
Mar 15, 2021
UK leisure carrier Jet2 and Irish LCC Ryanair are both planning to draw down funds under the Bank of England’s COVID Corporate Financing Facility (CCFF), which is set to close March 22.