Airlines & Lessors
Feb 17, 2016
Bombardier reported a 2015 consolidated net loss of $5.34 billion, widened from a $1.25 billion net loss for 2014. Full-year revenue for the commercial aircraft sector was down 12.6% to $2.4 billion.
Feb 17, 2016
Average Domestic Air Fare for 100 US airports for the third quarter of 2015, listed by average fare, highest-to-lowest.
Feb 17, 2016
Air Canada has signed a letter of intent (LOI) with Bombardier for up to 75 CS300 aircraft, powered by Pratt & Whitney PurePower PW1500G engines as part of its narrowbody fleet renewal plan.
Feb 17, 2016
Philippine Airlines (PAL) signed a memorandum of understanding (MOU) to purchase six Airbus A350-900s.
Feb 17, 2016
Scoot CEO Campbell Wilson said the airline’s transition to an all-Boeing 787 fleet is enabling the Singapore Airlines (SIA) subsidiary to finally achieve profitability, and predicted the carrier’s financial performance will steadily improve.
Aug 25, 2020
Administrators for Virgin Australia are recommending creditors vote to accept a proposed takeover of the company valued at A$3.5 billion ($2.5 billion).
Aug 25, 2020
The continuing effects of the COVID-19 pandemic have forced Indian Ocean carrier Air Austral to extend its suspension of services to most destinations until “at least” Sept. 30.
Aug 25, 2020
Delta Air Lines COO Gil West, who played an instrumental role in integrating Northwest Airlines and cementing Delta’s position as arguably the most operationally reliable airline in its class, announced his retirement.
Aug 25, 2020
The Qantas Group is proposing to outsource its ground handling services at Australian airports, which would result in up to 2,500 job losses.
Aug 25, 2020
Finnair has begun negotiations on 1,000 redundancies as a full recovery from the COVID-19 pandemic remains out of sight.
Aug 25, 2020
Scandinavian Airlines (SAS) has deferred eight Airbus A320neos and two A350-900s deliveries citing the negative impact of COVID-19.
Aug 25, 2020
China Express Airlines managed to stay profitable for the first six months (H1) of an eventful year thanks to its unique operating model as a feeder airline and the quick implementation of cost-saving measures.
Aug 24, 2020
Delta Air Lines is planning to resume more transatlantic and transpacific services to “top business and leisure destinations” during the winter 2020/21 and summer 2021 seasons, although some routes appear to be suspended indefinitely.