Airlines & Lessors
Jul 21, 2016
UK budget carrier easyJet has taken a £40 million ($52.5 million) currency hit because of the devaluation of the pound since the UK voted to leave the European Union, or Brexit, on June 23.
Jul 21, 2016
Turkey’s national flag carrier Turkish Airlines said all flight operations are proceeding as normal, after President Recep Tayyip Erdogan issued a three-month state of emergency following a failed military coup attempt July 15.
Jul 21, 2016
Germany-based Lufthansa has lowered its full-year profit forecast after a significant decline in advanced long-haul bookings to Europe following repeated terrorist attacks in Europe amid greater political and economic uncertainty.
Jul 21, 2016
Seattle-based Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported second-quarter net income of $260 million, up 11.1% over a net profit of $234 million in the prior-year period.
Jul 21, 2016
China’s Hainan Airlines plans to take a 23% shareholding in TAP Portugal, with a bond buy from Azul Brazilian Airlines, in a €30 million ($33 million) transaction.
Dec 10, 2020
United Airlines pledged to achieve carbon neutrality by 2050, helped on by investments in carbon capture technology and sustainable aviation fuel (SAF).
Dec 10, 2020
Domestic passenger traffic in Colombia is growing at a pace rivalling Mexico and Brazil—two markets recovering from the COVID-19 pandemic at a much faster clip than other regions of the world—according to the head of Viva Air Group.
Dec 10, 2020
The lure of Asia-Pacific market growth potential has spurred the region’s LCCs to dramatically inflate manufacturers’ narrowbody orderbooks in recent years.
Dec 10, 2020
Service is being “whittled down to an unsustainable level” in Canada’s Atlantic provinces following the latest route cuts to be announced by Air Canada.
Dec 10, 2020
Flydubai is set to begin service between the United Arab Emirates (UAE) and Chechnya, the republic in southwestern Russia.
Dec 10, 2020
Frontier Airlines has signed up to use a suite of Boeing’s Jeppesen digital operations management tools, including the first deployment of an updated aircraft movement manager integrated with other products, the companies said Dec. 10.
Dec 09, 2020
Southwest CEO Gary Kelly was tapped to be the next chairman of the board of Airlines for America (A4A), a role that will see him steer the activities of the influential lobby group amid the worst downturn in commercial aviation history.
Dec 09, 2020
ULCC Sun Country Airlines is ready to seize on opportunities in the used aircraft market as the Boeing 737 MAX returns to service, as airlines in…