Airlines & Lessors
Jan 27, 2016
International traffic for Russian airlines was down 15.8% in 2015 to 39.5 million year-over-year (YOY), according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Jan 27, 2016
Chinese carriers are expected to report big profit increases for 2015, mainly due to robust market demand growth and lower fuel prices.
Jan 27, 2016
Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.
Jan 27, 2016
Hawaiian Airlines parent Hawaiian Holdings reported a 2015 net income of $182.6 million, more than doubled from a net profit of $68.9 million in 2014.
Jan 26, 2016
Oslo Airport has started supplying Air BP Biojet via its regular fuel hydrant system, naming KLM Royal Dutch Airlines, Lufthansa Group and SAS Scandinavian Airlines as launch customers.
Jul 30, 2020
Irish lessors AerCap and Avolon have both released second quarter (Q2) 2020 financial results that reveal the initial impact of the COVID-19 crisis on their balance sheets.
Jul 30, 2020
Emirates Airline has notified its passengers that all travelers arriving in Dubai or transiting at its Dubai (DXB) hub must have a negative COVID-19 PCR test certificate, starting from Aug. 1.
Jul 29, 2020
JetBlue Airways is the first U.S. airline to place into service a new Honeywell ultraviolet (UV) cabin disinfection system through a pilot evaluation.
Jul 29, 2020
Privately owned African startup Sky Mali, having secured its air operator’s certificate (AOC), is planning to launch flights to four domestic destinations.
Jul 29, 2020
Wizz Air CEO József Váradi is looking to accelerate aircraft deliveries and is considering new orders, viewing the post-COVID downturn as a unique opportunity to buck the market.
Jul 29, 2020
A majority of lawmakers in the U.S. House signed a letter urging leaders from both chambers of Congress to extend the Payroll Support Program (PSP) through March 2021, arguing that failure to do so will lead to hundreds of thousands of job losses across the airline industry this fall.
Jul 29, 2020
Cathay Pacific has confirmed it will transfer a third of its passenger aircraft to storage locations outside Hong Kong in line with “prudent operational and asset management considerations.”
Jul 29, 2020
All Nippon Airways’ (ANA) significant cost-cutting efforts have been dwarfed by the massive revenue loss caused by the COVID-19 crisis, resulting in heavy net losses for the June quarter.