Airlines & Lessors
Nov 16, 2015
The Luxembourg government has acquired Lufthansa’s 13% stake in national carrier Luxair, a Lufthansa spokesperson confirmed to ATW in Frankfurt.
Nov 16, 2015
Indonesian flag carrier Garuda Indonesia is aiming to expand its market offerings and restructure costs in the face of declining yields, according to Garuda director-commercial Puji Nur Handayani.
Nov 16, 2015
KLM took delivery of its first Boeing 787-9 on Nov. 14, an aircraft leased from Aercap which will initially be operated on its Amsterdam-Abu Dhabi-Bahrain service.
Nov 13, 2015
Honeywell’s Weather Information Service utilizes an Electronic Flight Bag (EFB) application which assists the flight crew in decision making related to route safety and optimization.
Nov 13, 2015
Azul Linhas Aereas is more insulated from Brazil’s sputtering economy than its competitors in the country, in part because of the large number of Embraer aircraft in its fleet, CFO John Rodgerson said at the International Society of Transport Aircraft Trading (ISTAT) Latin America Forum.
May 14, 2020
GOL Linhas Aéreas is to reopen bases in Brazil at Foz de Iguacu (IGU), Navegantes (NVT) and Maringa (MGF) in May as the carrier seeks to restore services that were suspended because of the COVID-19 pandemic.
May 14, 2020
U.S.-based lessor Aircastle has posed a $34.2 million 2020 first quarter (Q1) net loss, driven by $34.8 million in costs related to its acquisition by Japanese investor Marubeni Corp. and Mizuho Leasing, which closed in March.
May 14, 2020
Delta Air Lines will remove its Boeing 777s by year-end, further streamlining its fleet and bracing for a long recovery for long-haul passenger demand amid the COVID-19 pandemic.
May 14, 2020
The Russian government has provided RUB23.4 billion ($316.5 million) in subsidies to local airlines to cover COVID-19 losses, the country’s Federal Air Transport Agency Rosaviatsiya said May 14.
May 14, 2020
Allegiant Air sees signs of life in some domestic leisure markets where government restrictions have been relaxed, although the timeline to recovery in other key destinations remains unclear.
May 14, 2020
South Korean carrier Asiana is planning to reopen several international routes in June, one of a handful of airlines beginning to restore networks cut back due to COVID-19.
May 14, 2020
Severely burnt by fuel hedging losses and the collapse in demand from COVID-19, Singapore Airlines (SIA) posted a net loss of S$212 million ($148 million) for its fiscal year ending March 31, the first in its history.
May 14, 2020
As owners of their equipment, lessors are a part of the aviation industry with much to gain from data analysis.