Airlines & Lessors
Feb 18, 2016
Virgin America reported a 2015 net income of $340.5 million, a more than fivefold increase over a $60.1 million net profit for 2014.
Feb 18, 2016
US and Japanese negotiators have agreed on a plan to provide daytime service for US carriers at Tokyo’s Haneda Airport, according to the US State Department.
Feb 18, 2016
The 22 members of the Association of European Airlines (AEA) will offer 3.8% more flights and 5.5% more seats in the upcoming summer season compared to the same period in 2015, launching 254 new routes.
Feb 18, 2016
Air France-KLM recorded a profit of €118 million ($130.8 million) for 2015, reversed from a loss of €225 million for the preceding year. Turnover was €26.1 billion, up 4.6% on 2014’s €24.9 billion.
Feb 17, 2016
The wingtip of an American Airlines Boeing 737 clipped the tail of a Southwest 737 on Feb. 17, as the latter aircraft was being deiced at Detroit Metro Airport.
Aug 26, 2020
Embattled African LCC fastjet is not expecting to resume scheduled operations until Sept. 30 at the earliest, but the group is now rethinking the sale of fastjet Zimbabwe and is strategizing to stay operational into December 2021.
Aug 26, 2020
AirAsia Group Berhad is preparing to rely on its six airlines’ domestic markets for revenue in the remaining months of 2020 after the LCC group had “stabilized” in the second quarter following the outbreak of COVID-19.
Aug 25, 2020
Atlanta-based ExpressJet will end operations on Sept. 30 and lay off most of its workforce following United Airlines’ decision to consolidate its Embraer ERJ-145 flying with a rival affiliate.
Aug 25, 2020
American Airlines and Delta Air Lines have told employees that more staff cuts are needed to match operations with the significantly reduced demand environment heading into the winter season, putting pressure on U.S. lawmakers to extend financial support.
Aug 25, 2020
Spirit Airlines and its Air Line Pilots Association (ALPA)-represented pilots have agreed to provisions that will prevent furloughs, the pilots said Aug. 25.
Aug 25, 2020
A handful of Asia-Pacific governments are taking tentative—yet significant—steps to resume international travel with certain countries.
Aug 25, 2020
Croatia Airlines has been working to renegotiate an order for four Airbus A320neos, but nearly a year’s worth of talks have stalled in light of the COVID-19 crisis.
Aug 25, 2020
Virgin Atlantic’s creditors have voted in favor of the UK long-haul carrier’s £1.2 billion ($1.6 billion) restructuring plan, ahead of two key court hearings to finalize the process on Sept. 2 and Sept. 3.