Airlines & Lessors
May 25, 2016
Etihad Airways Group and its partner airlines have raised $500 million in fresh financing, which will be used for capital expenditure, fleet investments and refinancing.
May 25, 2016
Ryanair CEO Michael O’Leary believes it will be difficult to increase his airline’s load factor above 93%, which it achieved in its 2015-16 financial year.
May 25, 2016
A clear message from the 2016 SITA Passenger IT Trends Survey is that passengers prefer technology-delivered over people-delivered service.
May 25, 2016
US-based FedEx Corp. completed its €4.4 billion ($4.9 billion) acquisition of Dutch TNT Express on May 24.
Nov 09, 2020
Etihad Airways has announced significant senior leadership changes, formally repositioning itself as a mid-sized airline and moving away from its previous “super-connector” role through its Abu Dhabi hub.
Nov 09, 2020
Norwegian Air Shuttle said it was facing a “very uncertain future” after Norway’s government said it would not provide further financial support.
Nov 09, 2020
Singapore Airlines (SIA) is weighing its option to raise another S$6.2 billion ($4.6 billion) in mandatory convertible bonds (MCB) as it burns through S$300 million in cash monthly amid slower than expected recovery.
Nov 09, 2020
Alaska Airlines CEO Brad Tilden will retire in March 2021, with current Alaska president Ben Minicucci selected to succeed him as chief executive, the company announced Nov. 9.
Nov 09, 2020
Russian LCC Pobeda no longer plans to take delivery of 30 Boeing 737 MAX narrowbodies for which it had signed a letter of intent, according to the airline’s CEO Andrey Kalmykov.
Nov 09, 2020
JAL said some of the money raised will go towards the replacement of Boeing 777s with the Airbus A350s it already has on order
Nov 09, 2020
Guangzhou Baiyun International has become the busiest airport in China this year, as COVID-19 outbreaks and the opening of a new Beijing airport have pushed Beijing Capital International down to sixth place.
Nov 06, 2020
Airlines in Brazil continue to recover from the COVID-19 crisis at a faster clip than operators in other regions, but a rational supply-demand balance in ensuing as traffic remains far below pre-pandemic levels.