Airlines & Lessors
Jul 14, 2016
Chicago-based United Airlines has agreed to pay the US government a financial penalty of $2.25 million for its conduct related to a federal bribery case, but will not be prosecuted criminally in the matter.
Jul 14, 2016
Air France-KLM Group has signed a new agreement with China Eastern Airlines to include Netherlands-based KLM in the existing joint venture between the French and Chinese carriers.
Jul 14, 2016
Doha-based Qatar Airways has reached an agreement to take a 49% stake in Italian carrier Meridiana.
Jul 14, 2016
Delta Air Lines posted a second-quarter net profit of $1.55 billion, up 4.1% over $1.49 billion in net income in the 2015 June quarter.
Jul 13, 2016
Alaska Airlines president and COO Ben Minicucci will additionally take on the role of Virgin America CEO when Alaska Air Group’s acquisition of Virgin America closes.
Dec 08, 2020
Viva Air Colombia plans to operate about 80% of pre-COVID capacity during December following strong demand since the country’s travel restrictions were relaxed in September.
Dec 08, 2020
Forward bookings globally for the peak Christmas travel season are 80% below where they would normally be, according to figures released by IATA, which show the trend for late bookings and how far off the industry is from true recovery.
Dec 08, 2020
A Honeywell survey has found travelers are placing an increased focus on cleanliness and hygiene when selecting which airlines to fly in the COVID-19 pandemic era.
Dec 07, 2020
Brazilian LCC GOL is on track to be the first airline to re-introduce Boeing 737 MAX-family aircraft on revenue routes on Dec. 9, part of the airline’s plan to add more cost-friendly capacity for its upcoming peak demand season.
Dec 07, 2020
Norwegian Air Shuttle has obtained creditor protection following an Irish court hearing, the latest step in a turbulent period for the debt-ridden long-haul LCC.
Dec 07, 2020
Greek carrier Aegean Airlines will operate up to 20 aircraft from the Greek regions next summer, opening 33 new routes and three new aircraft bases in response to shifting passenger demand.
Dec 07, 2020
Ryanair Group CEO Michael O’Leary believes demand could recover to pre-COVID-19 levels by as early as 2022, if air fares are low enough.
Dec 07, 2020
U.S. airline capacity growth will remain muted in January, the latest schedule data shows, as COVID-19 cases and government restrictions mount nationwide.