Airlines & Lessors
Jul 20, 2016
Lufthansa Group is in talks to potentially buy routes from German low-cost carrier (LCC) airberlin, according to a report by German financial newspaper Handelsblatt.
Jul 20, 2016
Kazakhstan-based Air Astana reported a 2016 first-half net loss of $6.6 million, reversed from an $8.3 million net profit in the first half of 2015.
Jul 20, 2016
The Sri Lankan government has called for expressions of interest in the privatization of oneworld member SriLankan Airlines and its low-cost subsidiary, Mihin Lanka.
Jul 20, 2016
Eastern European low-cost carrier Wizz Air has halved its planned second-half growth in the UK as a “direct result” of the country’s recent vote to leave the European Union.
Jul 20, 2016
Eastern European low-cost carrier Wizz Air reported a first-quarter net income of €50.7 million ($56 million), up 54.2% from a €32.9 million profit in the year-ago period.
Dec 09, 2020
The volume and complexity of financial challenges facing airlines is helping shake out the lessor business, but a wave of consolidation is not likely to start until after a jittery, pandemic-battered air transport marketplace settles down, the head of CDB Aviation said.
Dec 09, 2020
Delta Air Lines became the second major U.S. carrier to permanently eliminate change fees for certain international tickets, joining American Airlines in an effort to stimulate travel demand amid the COVID-19 pandemic.
Dec 09, 2020
Windrose Airlines is seeking permission from the U.S. Transportation Department (DOT) to serve the market between Ukraine and the U.S.
Dec 09, 2020
Ultra Air plans to begin operations in summer 2021 with a fleet of either Boeing 737 MAX 8s or Airbus A320s, according to founder and CEO William Shaw.
Dec 09, 2020
Philippine LCC Cebu Pacific is adding capacity in December in a joint effort with the Philippines tourism department to promote domestic travel, as well as adding more international flights to support the transport of overseas Filipino workers (OFW).
Dec 09, 2020
Lufthansa Group subsidiaries Austrian Airlines and Eurowings have both announced several changes to their management teams.
Dec 09, 2020
Virgin Australia has cut its Boeing 737 MAX orders by about half but remains focused on narrowbody operations, signaling that a return to widebody flying is still on the agenda but remains a long-term prospect.
Dec 08, 2020
American Airlines announced plans to offer pre-flight COVID-19 tests to domestic travelers, in a bid to help customers avoid mandatory quarantines in more than a dozen states and territories.