Airlines & Lessors

Aug 28, 2015
Following the signing of an upgraded air services agreement (ASA) between Russia and the Philippines, at least five carriers have flagged interest in operating new schedules between the two countries.
Aug 27, 2015
World airline quarterly financial results to-date highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the second quarter of 2015, generally defined as April 1, 2015 through June 30, 2015.
Aug 27, 2015
Posting the news today, it was hard not to contrast the different week that Airbus, Boeing and airlines from different global regions are experiencing.
Aug 27, 2015
Russia’s Red Wings Airlines has signed an agreement to wet lease a Sukhoi Civil Aircraft Co. (SCAC) Sukhoi Superjet 100 (SSJ100) to Sky Angkor Airlines of Cambodia.
Aug 27, 2015
Pacific Rim air navigation services providers (ANSPs) Airservices Australia, Airways New Zealand and FAA are now using Automatic Dependent Surveillance-Contract (ADS-C) technology to track aircraft across the Pacific Ocean every 14 minutes.
Feb 19, 2020
Iran Air has voluntarily suspended two Airbus A330s and one A321 from EU airspace, EASA confirmed Feb. 19, following media reports that the European aviation safety body had banned the aircraft because they were lacking necessary updates.
Feb 19, 2020
SunExpress, a joint venture between Turkish Airlines and Lufthansa, reported a 2019 revenue of €1.4 billion ($1.6 billion), up 10% compared to 2018. The carrier did not report profit or loss figures.
Feb 19, 2020
Chinese airlines on Feb. 18 began widely promoting charter services to get people back to work, supporting a government policy to restart national production amid the Wuhan virus epidemic.
Feb 19, 2020
Nigerian startup Green Africa Airways is aiming to launch later this year using three Airbus A220-300s on lease from GTLK Europe, while it awaits delivery of 50 A220-300s from Airbus.
Feb 18, 2020
Finnair has begun negotiations with its long-haul pilot workforce over potential layoffs in light of the continuing COVID-19 epidemic in China.
Feb 18, 2020
Air Canada is hopeful that challenges posed by the Boeing 737 MAX grounding and COVID-19 outbreak in China will be resolved by the second half of 2020, optimistic time lines that assume worst-case scenarios regarding both crises will not come to pass.
Feb 18, 2020
Government-owned regional airline South African Express (SA Express) has said flights are continuing as normal, despite entering “business rescue,” which is roughly the equivalent of bankruptcy protection.
Feb 18, 2020
European airlines lead carriers in other regions in “a la carte” revenues, with Asia-Pacific airlines following in second place, according to a Feb…