Airlines & Lessors
Feb 09, 2016
Dublin-based ASL Aviation Group has signed a conditional agreement to buy two cargo airlines owned by TNT Express, which is itself being acquired by FedEx.
Feb 09, 2016
Russia’s Aeroflot received RUB1.49 billion ($20.5 million) in government subsidies in 2015, according to the carrier’s financial results published in accordance with Russian Accounting Standards.
Feb 09, 2016
Low-cost carrier (LCC) Ryanair will close two bases in Italy and stop services to another Italian destination completely over an increase in the country’s municipal tax.
Feb 09, 2016
Airberlin, which is undergoing an extensive restructuring process, has said about 80 managers will accept salary cuts up to 10% this year.
Feb 08, 2016
Airberlin announced it has appointed Thilo Schäfer as managing director of Leisure Cargo on March 1.
Aug 14, 2020
Alaska Airlines sees its 2020 third-quarter (Q3) capacity improving to half of its corresponding 2019 level, incrementally restoring flights while other U.S. carriers trim their schedules.
Aug 14, 2020
As Europe gets back to work after the traditional summer break, Air France-KLM CEO Ben Smith will be rolling up his sleeves for the next phase of plans to revamp Air France—plans which have become even more important since the COVID-19 crisis.
Aug 14, 2020
Trading of Thai Airways’ shares was suspended Aug. 14 after auditors declined to sign off on the carrier’s 2020 first half (H1) statements, citing “material uncertainty” from the lack of liquidity and mounting debts which may affect the value of assets and liabilities.
Aug 14, 2020
Cathay Pacific is the latest Asia-Pacific carrier to scale back its capacity recovery plans as COVID-19 infections spike in different parts of the region.
Aug 14, 2020
New Zealand’s airlines are cutting back domestic services after travel restrictions were extended because of a resurgence of coronavirus cases within the country.
Aug 14, 2020
New analysis from Airlines for America (A4A) found that New York and New Jersey—two U.S. states hit hardest by the COVID-19 pandemic—also lost the most commercial airline service in the U.S. in July.
Aug 14, 2020
How Air Zimbabwe is improving its safety record to address the EU flight ban and the COVID-19 pandemic.
Aug 13, 2020
Average repayment periods for Fly Leasing customers have increased in recent months, but the number of lease-deferral requests is decreasing, and the company has revised its expected total deferral-related financial exposure downward.