Airlines & Lessors
Apr 07, 2016
Atlas Air Worldwide Holdings has closed its acquisition of Southern Air Holdings for $110 million. Atlas is the parent company of international airfreight carriers Atlas Air and Polar Air Cargo. It operates the world’s largest Boeing 747 freighter fleet with more than 40, including 10 747-8Fs.
Apr 07, 2016
Russia’s Transaero Airlines—which ceased operations in October 2015—has paid RUB320 million ($4.65 million) out of a RUB1.5 billion debt to Moscow Vnukovo International Airport.
Apr 06, 2016
Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest and comparative figures for the current week.
Apr 06, 2016
LATAM Airlines Group, as part of its brand unification initiative, has brought all of its affiliated cargo operations under a single brand: LATAM Cargo.
Apr 06, 2016
Alaska Air Group and Virgin America fleet and operational statistics as of March 2016.
Oct 08, 2020
For the second time this year, the European Commission (EC) has approved government financial assistance to Romanian state-owned airline TAROM.
Oct 07, 2020
U.S. President Donald Trump called on Congress to quickly approve a standalone bill to extend the U.S. federal government’s CARES Act Payroll Support Program (PSP) until March 2021.
Oct 07, 2020
SpiceJet has firmed up plans to launch the first long-haul low-cost flights between India and the UK.
Oct 07, 2020
The Portuguese government has completed its acquisition of a further 22.5% stake in TAP Air Portugal, previously held by David Neeleman’s Atlantic Gateway consortium, increasing the state’s shareholding to 72.5%.
Oct 07, 2020
A team led by Erik Braathen, one of the initial Norwegian Air Shuttle investors, is aiming to launch a new airline in Norway next year.
Oct 07, 2020
Austrian Airlines has cut its capacity for the coming winter schedule to just 30% of 2019 levels as COVID-19 cases in Europe rise while the Lufthansa subsidiary’s liquidity contracts.
Oct 07, 2020
German leisure carrier Condor is preparing to exit “protective shield proceedings” in November, following the liquidation of its former parent company Thomas Cook Group in September 2019.
Oct 07, 2020
Nigerian startup Green Africa Airways has made further progress with its financing and is aiming to begin ticket sales in early 2021.