Airlines & Lessors
Aug 31, 2015
Kazakhstan-based regional carrier Qazaq Air launched its first domestic services on Aug. 28, according to several local media reports.
Aug 31, 2015
China Southern Airlines reported a 2015 first-half net profit of CNY3.48 billion ($567.8 million), reversed from a net loss of CNY1.02 billion in the year-ago period.
Aug 31, 2015
Lufthansa subsidiary Austrian Airlines is preparing to receive the first of 17 modified Embraer E-195s.
Aug 31, 2015
Swedish private equity fund EQT VI will take a majority stake in Denmark-based regional aircraft lessor Nordic Aviation Capital (NAC) as the latter aims to raise capital for further expansion.
Aug 31, 2015
The opening of Istanbul’s third airport will be delayed from October 2017 to May 2018, Turkish Airlines president and CEO Temel Kotil told ATW.
Feb 20, 2020
Atlas Air will park four Boeing 747-400 converted freighters this year and return a fifth to a lessor, moves intended to counteract falling yields and utilization rates caused by softening macroeconomic trends.
Feb 20, 2020
Romanian flag carrier TAROM has begun taking delivery of a batch of nine ATR 72-600 turboprops, to step up domestic services.
Feb 20, 2020
Belavia Belarusian Airlines has signed a lease agreement with AerCap Holdings for three Embraer E195-E2s, making the carrier the first operator of the type in the Commonwealth of Independent States.
Feb 20, 2020
Airlines around the world will likely see demand for flights down by 4.7% this year and a $29.3 billion revenue hit because of the COVID-19 viral outbreak, IATA said Feb. 20.
Feb 20, 2020
The provincial government of Hainan, China, is moving to take control of HNA Group’s Hainan Airlines, of which it is already a major indirect…
Feb 20, 2020
Air France-KLM said the COVID-19 outbreak would have a negative impact of up to €200 million ($216 million) on its operating profit in the coming…
Feb 20, 2020
Qantas expects to take a major financial hit from capacity reductions related to the COVID-19 outbreak, although the airline remains on track to make some significant aircraft order moves this year.
Feb 19, 2020
GoJet Airlines will expand its Bombardier CRJ-550 fleet by 20 aircraft, a move that will see it operate 74 of the 50-seat jets on behalf of United Airlines as United Express.