Airlines & Lessors
Oct 28, 2015
Delta Air Lines announced Wednesday it will cease its Atlanta-Dubai service from Feb. 11, 2016, blaming “overcapacity” from Gulf carriers for the pullout.
Oct 28, 2015
Hainan Airlines’ subsidiary Capital Airlines has opened two international routes—Zhanjiang-Bangkok on Oct. 26 and Beijing-Male on Oct. 27.
Oct 28, 2015
Finnair CEO Pekka Vauramo believes the biggest challenge for the oneworld member will be to grow further to reach a more competitive size as soon as possible.
Oct 28, 2015
Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, posted a first-quarter net profit of $36.3 million, a slight decrease from net income of $41.3 million in the 2014 September quarter.
Oct 28, 2015
Startup carrier fastjet Zimbabwe operated its first flight on Oct. 28, making its debut between Harare and Victoria Falls.
Apr 24, 2020
Mexico City-based ULCC Volaris will cut capacity by 90% in May, as it braces for the COVID-19 pandemic to peak across Latin America in the coming weeks.
Apr 24, 2020
The French state will grant Air France-KLM a total of €7 billion ($7.6 billion) in loans to help it weather the COVID-19 crisis, and longer-term may consider increasing its stake, the Franco-Dutch airline group said April 24.
Apr 24, 2020
Aeromexico plans to slash its capacity by 80% in the 2020 second quarter (Q2) while working to convince Mexico’s government of the country’s airlines’ need for financial aid as credit markets tighten during the COVID-19 pandemic.
Apr 24, 2020
A few weeks ago, Aviation Week spoke with Airbus chief commercial officer Christian Scherer about the role of lessors. Scherer was still full of praise.
Apr 24, 2020
Alitalia will relaunch in June with a reduced fleet of around 90 aircraft, Italy’s economic development minister Stefano Patuanelli told a parliamentary hearing April 23.
Apr 24, 2020
Garuda Indonesia saw first quarter (Q1) 2020 revenue drop by 33% year-on-and year—and sharper declines are yet to come in April as COVID-19 restrictions within Indonesia tighten.
Apr 24, 2020
Korean Air is the latest carrier to be offered a major state-backed financial support package to help it survive the COVID-19 crisis.
Apr 24, 2020
Air New Zealand is axing two of its long-haul routes and shelving plans for another as it becomes apparent that much of its widebody fleet will be parked well into next year.