Airlines & Lessors
Jul 22, 2016
China’s HNA Group subsidiary Tianjin Airlines plans to expand its long-haul Airbus A330 fleet to 10 aircraft as it accelerates its international expansion pace.
Jul 22, 2016
American Airlines reported a 2016 second-quarter net profit of $950 million, down 44.3% from $1.7 billion in net income in the 2015 June quarter, as revenue fell 4.3% year-over-year to $10.36 billion.
Jul 22, 2016
Hawaiian Airlines’ parent Hawaiian Holdings reported a 2016 second-quarter net profit of $79.6 million, up 62.9% from its $48.8 million net profit in the year-ago quarter.
Jul 21, 2016
Boeing announced Thursday it will recognize financial charges totaling $2.1 billion related to three aircraft programs in its second-quarter earnings results next week.
Jul 21, 2016
Southwest Airlines canceled hundreds of flights following a systemwide technology outage that began at 1 p.m. CST Wednesday, July 20.
Dec 11, 2020
A rebound in its charter business and a new cargo operation with Amazon are helping ULCC Sun Country Airlines weather the COVID-19 crisis better than its larger legacy peers.
Dec 11, 2020
Ukraine International Airlines (UIA) is preparing to restore its entire route network for summer 2021, when it aims to reach 64% of 2019 passenger volumes, the carrier said Dec. 10.
Dec 11, 2020
U.S credit rating agency Fitch Ratings anticipates further airline failures in 2021, although the COVID-19 vaccine could see pent-up leisure traffic rebound during the second half.
Dec 11, 2020
The Civil Aviation Administration of China (CAAC) has approved the launch of four new international passenger routes, including services to destinations in Europe, Africa and North America.
Dec 11, 2020
Singapore will relax quarantine restrictions for passengers arriving from Taiwan on Dec. 18 after deciding that the risk of importing cases from the country is low.
Dec 10, 2020
Mesa Airlines reported its second consecutive quarterly profit, boosted by the strength of its major airline partnerships amid a period of consolidation among U.S. regional carriers.
Dec 10, 2020
Air France KLM Martinair Cargo has launched what it describes as the world’s first sustainable aviation fuel (SAF) program for the airfreight industry.
Dec 10, 2020
European holiday group TUI expects the vacation market to return to pre-pandemic levels in 2022, with the CEO expressing confidence in future prospects.