Airlines & Lessors

May 02, 2016
A selection of photos from our most recent headlines.
May 02, 2016
Indian low-cost carrier (LCC) IndiGo reported a 4Q 2016 net profit of INR5.79 billion ($87.4 million), up a scant 0.3% compared to a net profit of INR5.77 billion in the year-ago period.
May 02, 2016
Italian flag carrier Alitalia has reported a 2015 net loss of €199 million ($217.4 million), narrowed from a loss of €580 million in 2014.
May 02, 2016
Air France-KLM has appointed Jean-Marc Janaillac as chairman and CEO when Alexandre de Juniac steps down to replace the retiring Tony Tyler as IATA’s DG and CEO this summer.
Apr 29, 2016
Air Canada reported a C$100 million ($77.5 million) net profit for the first quarter of 2016, reversing its C$309 million net loss in 1Q 2015.
Oct 26, 2020
Two African carriers–Ethiopian Airlines and South African LCC FlySafair–have each added a pair of aircraft to their fleets, despite the ongoing COVID-19 downturn.
Oct 26, 2020
Airbus delivered the first U.S.-assembled A220 to Delta Air Lines, marking the onset of a new era of stateside aircraft production for the European OEM, as well as the first delivery of the larger A220-300 variant to a U.S. operator.
Oct 26, 2020
Scandinavian Airlines (SAS) has completed its critical recapitalization, increasing the Danish and Swedish government stakes in the airline to 21.8% each.
Oct 26, 2020
Slovak Boeing 737 wet-lease operator Go2Sky has reversed an earlier decision to cease operations and close the company, after reaching an agreement with its lessors.
Oct 26, 2020
The Chinese airline industry has more pilots than it did in 2019, according to government statistics, although their flying hours have fallen.
Oct 26, 2020
More destinations in Western Europe will be added to Wizz Air’s network from the UK as the carrier seeks to increase its share of leisure traffic, according to the MD of the Hungarian airline’s UK subsidiary.
Oct 26, 2020
The U.S. Transportation Department (DOT) has tentatively granted antitrust immunity to the proposed Delta Air Lines-WestJet transborder joint venture (JV), but with conditions that the carriers must accept.
Oct 26, 2020
Lufthansa plans to put large parts of group administration into “hibernation mode” between mid-December and the end of February 2021 and is making further operational cutbacks to deal with the much lower level of demand for air travel.