Airlines & Lessors
Sep 09, 2015
Lufthansa is expecting its flights to be “virtually back to normal” from Sept. 10 after its pilots’ strike was declared unlawful by a local labor court.
Sep 09, 2015
Total TSA Gun Catches for August 2015 (loaded or unloaded firearms, plus stun-guns, discovered at TSA checkpoints across the US). 223 firearms were discovered in August 2015, up 18% year-over-year.
Sep 09, 2015
Indian full-service startup Vistara has appointed two new non-aviation directors to its board, and tapped its joint venture (JV) parents—Tata Group and Singapore Airlines (SIA)—for an extra INR200 crore ($29 million) in cash.
Sep 09, 2015
CEFC China Energy Co. has acquired a 10% stake in Czech Republic’s largest airline, Travel Service, as Chinese companies continue their rapid investment drive into Europe.
Sep 09, 2015
Ireland-based low-cost carrier (LCC) Ryanair has upgraded its full-year guidance by as much as 25%—into the €1.175-1.225 billion range—due to low fuel prices, the strength of sterling against the euro and poor summer weather in northern Europe.
Mar 04, 2020
UK long-haul specialist Virgin Atlantic is seeking to defer staff salary increases and is cutting the pay of its senior executives as it braces for the increasing financial impact of the COVID-19 outbreak.
Mar 04, 2020
UK LCC EasyJet CEO Johan Lundgren expects to see more airline bankruptcies as carriers continue to deal with falling demand and cashflow as a result of the continuing COVID-19 outbreak.
Mar 04, 2020
All Nippon Airways (ANA) is making temporary cuts to its Japanese service in response to the COVID-19 coronavirus outbreak.
Mar 04, 2020
Philippines Airlines’ (PAL) net losses reached a record PHP10.6 billion ($208 million) in 2019; the flag carrier’s issues have exacerbated in 2020 with the Taal Volcano eruptions and COVID-19 coronavirus outbreak.
Mar 03, 2020
Wizz Air Abu Dhabi expects to launch operations this autumn from Abu Dhabi International Airport.
Mar 03, 2020
European airlines were trying to reassure themselves Mar. 3 that the spread of COVID-19 and the demand slump they are currently experiencing will be short-lived and followed by a quick-recovery.
Mar 03, 2020
Shareholders of Brazilian carrier Azul approved an agreement to sublease 28 Embraer E195s to U.S. startup Breeze Aviation, which founder David Neeleman plans to use to launch scheduled services later this year.
Mar 03, 2020
Russia’s largest airline Aeroflot plans to carry more than 1 million passengers from its new eastern Siberia hub in Krasnoyarsk this year.