Airlines & Lessors
Feb 11, 2016
Virgin Australia reported an A$62.5 million ($43.8 million) net profit for the six months through Dec. 31, 2015, representing a turnaround from an A$47.8 million loss a year earlier.
Feb 11, 2016
Indian full-service carrier Vistara has replaced its previous chairman, Prasad Menon, with consumer goods executive Bhaskar Bhat.
Feb 11, 2016
Low-cost carrier (LCC) Norwegian edged back into the black in 2015, recording a full-year profit of NOK246.2 million ($28.7 million), reversed from a loss of NOK 1.07 billion in 2014.
Feb 10, 2016
Finland flag carrier Finnair has reported a full-year net income of €89.7 million ($100.7 million) for 2015, reversed from a €82.5 million loss in the year-ago period.
Feb 10, 2016
The latest US Airline Fuel Cost and Consumption figures - for December 2015 and comparative prior months and years - organized by domestic, international and system totals.
Aug 18, 2020
The UK Civil Aviation Authority (CAA) has approved a request from Pakistan International Airlines (PIA) to reinstate flights to Birmingham (BHX) and Manchester (MAN) on board aircraft chartered from Hi Fly.
Aug 18, 2020
United Airlines is offering flight attendants the option to remain active employees while waiting for demand to return, in an effort to reduce the number of involuntary furloughs expected once CARES Act payroll support expires Oct. 1.
Aug 18, 2020
Icelandair has pushed back the time line for its planned ISK20-23 billion ($147–$169 million) share offering to September, as the carrier continues to finalize a state-backed credit facility and secure shareholder approval for the capital increase.
Aug 18, 2020
Ryanair plans to cut its flight capacity by 20% in September and October, citing waning forward bookings attributable to uncertainty over COVID-19 case rates in some EU countries.
Aug 18, 2020
UK LCC easyJet is to close three UK bases at London Southend, London Stansted and Newcastle after ending redundancy consultations with pilots’ union BALPA, triggering further potential redundancies at airports operator and ground handling provider Stobart Group.
Aug 18, 2020
International Airlines Group (IAG) has phased out the last of Iberia’s Airbus A340s and begun retiring British Airways’ (BA) entire Boeing 747-400 fleet, the group reported Aug. 17.
Aug 18, 2020
The Swedish National Debt Office has rejected Norwegian Air Shuttle’s loan-guarantee application, putting further pressure on the cash-strapped carrier, while Scandinavian Airlines (SAS) has separately secured EU approval for its state-backed refinancing plan.
Aug 17, 2020
Major Chinese airlines are increasingly encroaching on each other’s turf, despite former official reluctance to let them do so.