Airlines & Lessors
Sep 21, 2016
Central and Eastern European low-cost carrier (LCC) Wizz Air is aiming to become the lowest-cost airline in Europe, setting its sights on overtaking Irish LCC Ryanair.
Sep 20, 2016
Portuguese carrier Azores Airlines will lease six new Airbus A321neos—including four A321LR long-range versions—from US lessor Air Lease Corp. (ALC).
Sep 20, 2016
Greece’s Aegean Airlines saw its 2016 first-half results slip into the red, recording a net loss of €23.7 million ($26.3 million) compared to a net profit of €14.8 million a year ago.
Sep 20, 2016
Kazakhstan flag carrier Air Astana wants to place a stronger emphasis on long-haul flights, and believes its low-cost structure will enable profitable growth.
Sep 20, 2016
EasyJet CEO Carolyn McCall has acknowledged the UK’s vote to leave the European Union (EU), or Brexit, has taken its toll on airline values, although she declined to comment on recent takeover speculation.
Jan 28, 2021
IndiGo increased its fleet by five aircraft in the last three months of 2020 and is now aiming to scale up capacity to 75-80% of 2020’s flying during the current quarter.
Jan 28, 2021
The International Chamber of Commerce (ICC) has announced that Etihad Airways, in partnership with health and security services firm International…
Jan 28, 2021
Canada’s Air Transat will suspend all flights to and from Toronto (YYZ) for the remainder of the winter, citing the COVID-19 pandemic.
Jan 28, 2021
ULCC Wizz Air said it will be able to ramp up to full capacity quickly once the market returns and COVID-19 uncertainty subsides.
Jan 28, 2021
France has suspended Ethiopian Airlines flights to French destinations for four days over missing polymerase chain reaction (PCR) tests.
Jan 28, 2021
Thai Airways will submit its proposed rehabilitation plan to Thailand’s central bankruptcy court on March 2 after the flag-carrier’s request to postpone the submission was approved again.
Jan 28, 2021
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
Jan 27, 2021
The European Commission (EC) has reportedly told the Italian government that it cannot simply transfer Alitalia’s assets into the country’s new national carrier Italia Trasporte Aereo (ITA).