Airlines & Lessors
Apr 27, 2016
Average Domestic Air Fare for 100 US airports for the fourth quarter of 2015, listed by average fare, highest-to-lowest.
Apr 27, 2016
The Executive Board of Deutsche Lufthansa is working to bring 45%-owned Brussels Airlines into its low-cost carrier (LCC) Eurowings and will decide by the end of August whether to exercise a call option to allow for a full takeover.
Apr 27, 2016
Abu Dhabi-based Etihad Airways reported a 2015 net profit of $103 million, up 41.1% from the airline’s $73 million net result for 2014.
Apr 27, 2016
Boeing posted a first-quarter net profit of $1.22 billion, down 9% from net income of $1.34 billion in the prior-year period, and reaffirmed guidance that full-year 2016 revenue and commercial aircraft deliveries will be slightly down from 2015.
Apr 26, 2016
Florida-based ultra low-cost carrier (ULCC) Spirit Airlines reported a first-quarter net profit of $61.9 million, down 10.1% from net income of $69 million in the 2015 March quarter, as the airline continues to make adjustments under a new CEO.
Oct 22, 2020
Icelandair plans to reduce seat capacity for summer 2021 by around 25-30% compared to the same season in 2019 as the flag-carrier expects the impact of the COVID-19 pandemic will still be significant.
Oct 22, 2020
The crippling “second wave” of COVID-19 infections spreading across the globe has forced International Airlines Group (IAG) to make yet more cuts in its winter timetables.
Oct 21, 2020
Air Astana will reduce its scheduled services to some international destinations during the autumn-winter season, as point-to-point international leisure travel is showing signs of a speedier recovery.
Oct 21, 2020
The chairman of the U.S. House subcommittee overseeing the U.S. government’s response to the COVID-19 pandemic called on four cargo carriers to repay more than $600 million in federal payroll support, arguing the funds were not needed in light of the cargo sector’s resiliency during the crisis.
Oct 21, 2020
IATA has significantly downgraded its estimates for 2020 passenger traffic for both Africa and the Middle East, as the second wave of the COVID-19 pandemic and governments’ reactions to it continue to stifle any revival.
Oct 21, 2020
Wizz Air Abu Dhabi has completed the last regulatory step prior to starting operations with the receipt of its air operator certificate (AOC) from the UAE’s General Civil Aviation Authority (GCAA).
Oct 21, 2020
In a sign that airlines are attempting to resume their normal inflight standards, Emirates is restoring several features of its onboard service to…
Oct 21, 2020
Cathay Pacific is confident its latest restructuring moves—including major workforce cuts and axing the Cathay Dragon brand—will allow it to reduce costs sufficiently to weather the COVID-19 crisis.