Airlines & Lessors
Jan 21, 2016
United Airlines parent United Continental Holdings posted a 2015 net profit of $4.5 billion, excluding special items that included a $3.1 billion non-cash tax valuation benefit.
Jan 21, 2016
The Russian Institute of Volcanology has issued a code orange alert after Russia’s Zhupanovsky volcano began erupting earlier this week, sending clouds of ash and gas to 27,000 ft.
Jan 21, 2016
United Airlines said it has reached an agreement to acquire 40 new Boeing 737-700s, which will be used to replace a portion of the carrier’s domestic capacity now being operated under contract by regional airlines.
Jan 21, 2016
Bahraini flag-carrier Gulf Air has announced major new and adjusted orders, as expected, at the Bahrain International Air Show.
Jan 21, 2016
The newly launched Airlines for Europe (A4E) is urging the European Commission to review its Airport Charges Directive in light of new data that shows charges at Europe’s top airports have increased 80% over the last 10 years.
Jul 24, 2020
Finnair sees its airline operations in September being 50% the size they were in the same month in 2019.
Jul 24, 2020
International Airlines Group (IAG) has extended its worldwide commercial partnership with American Express in a multi-year renewal.
Jul 24, 2020
Philippine Airlines (PAL) has announced cost-control strategies after recording a PHP9.4 billion ($184 million) loss for the first quarter (Q1) of 2020.
Jul 24, 2020
Icelandair Group’s 2020 second quarter (Q2) operations were significantly affected by the COVID-19 pandemic, which included sweeping travel bans and a massive decrease in demand.
Jul 23, 2020
A sudden reversal in incrementally positive demand trends will force Southwest Airlines to scale back its 2020 capacity plans, but executives are confident that the headwinds will not force it to cut staff beyond what voluntary programs will accomplish.
Jul 23, 2020
Spirit Airlines reached an agreement with Airbus to defer delivery of a host of A320neos, in a bid to preserve cash amid the industry downturn caused by the COVID-19 pandemic.
Jul 23, 2020
Alaska Air Group sees its consolidated airline operations being 65% the size of year-earlier figures by October and ramping up to 80% of comparable 2019 levels by the summer of 2021, company executives said.
Jul 23, 2020
The Belgian government has provisionally agreed to grant Brussels Airlines a €290 million ($335 million) rescue loan, using Lufthansa Group’s shares in the Brussels-based airline as a loan guarantee.