Airlines & Lessors
Aug 26, 2015
Ryanair will contest a ruling by a UK court that extends the time in which passengers can submit a compensation claim for a delayed or canceled flight from two to six years.
Aug 26, 2015
Airbus expects Russia`s commercial fleet to double in size over next 20 years with over 2,000 aircraft needed by 2034, compared to the 922 in operation today.
Aug 26, 2015
Shanghai-based low cost carrier Spring Airlines has reported a net profit of CNY619.5 million ($97 million) for the first half of 2015, up 129% over the CNY270.8 million for the same period the previous year.
Aug 26, 2015
Year-over-year changes at US airlines with over 1000 Full-time Equivalent (FTE) employees, ranked by increase/decrease in employees. FTE calculations count two part-time employees as one full-time employee.
Aug 26, 2015
Air New Zealand has reported a net profit of NZD327 million ($213 million) for the financial year ended 30 June 2015, an increase of 24% over the NZD 263 million reported for the previous financial year.
Feb 14, 2020
A new U.S. low-cost airline being launched by a former United Airlines executive has raised $125 million and expects to start service before the end of the year.
Feb 14, 2020
Delta Air Lines plans to spend $1 billion over the next decade to “mitigate” all emissions from its business, investing in a wide range of initiatives to reduce or eliminate carbon emissions throughout its business.
Feb 14, 2020
The COVID-19 outbreak has already led to an estimated $4 to $5 billion reduction in gross operating revenues for airlines across the globe, according to ICAO.
Feb 14, 2020
Two Gulf LCCs, Air Arabia and Jazeera Airways, have turned in record annual 2019 profits.
Feb 13, 2020
Mergers and capacity reductions among Chinese airlines may result from the COVID-19 outbreak, as the Civil Aviation Administration of China (CAAC) said it will support reorganization of the industry as part of its response to the crisis.
Feb 13, 2020
Lessor Aircastle’s acquisition by Marubeni Corp. and Mizuho Leasing is “progressing as expected,” Aircastle CEO Michael Inglese said ahead of a Mar. 6 shareholder vote on the proposed tie-up.
Feb 13, 2020
Saudi Arabian Airlines Group (Saudia) has appointed Ibrahim Koshy as its new CEO, succeeding Jaan Albrecht whose contract expired at the beginning of the year.
Feb 13, 2020
Nigerian startup Green Africa Airways has signed an MOU for 50 Airbus A220-300 aircraft.