Airlines & Lessors
Jul 30, 2015
The sale of most of GE’s financing business as part of a reorganization effort will not adversely affect its aircraft-leasing arm, GE Capital Aviation Services (GECAS), as some have speculated.
Jul 30, 2015
Bombardier earned second-quarter net income of $125 million, down 19.4% from a net profit of $155 million in the prior-year period, on a 5.5% year-over-year drop in revenue to $4.62 billion.
Jul 30, 2015
Virgin America posted second-quarter net income of $65 million, up 75.7% from a net income of $37 million in the year-ago period.
Jul 30, 2015
Air cargo appears to be on the uptick again after several listless years, but the global industry now emerging is far different from the thriving, pre-2008 financial crisis airfreight business.
Jul 30, 2015
In some ways, the early 21st century is beginning to mimic the early 20th century in terms of aviation pioneering and experimentation.
Dec 17, 2019
All-Boeing operator Icelandair has pushed back its planning for the Boeing 737 MAX’s return to operational service by five months to May 2020, prompting a delayed phase-out of some of its 757s.
Dec 17, 2019
Copa Airlines plans to densify its Boeing 737-800s starting in 2021 and will add a net total of three airframes in 2020 as it catches up on 737 MAX…
Dec 17, 2019
Cathay Pacific Airways has reported a deepening slump in passenger demand as the Hong Kong protests continue to affect inbound travel.
Dec 17, 2019
Southwest Airlines says fourth-quarter (Q4) unit revenue will be flat up to 2% year-over-year on the strength of solid bookings and yield trends, likely boosted by ongoing capacity pressure created by the 737 MAX groundings, the carrier reported.
Dec 16, 2019
Canada Jetlines, a Vancouver-based start-up ULCC, has signed a letter of intent (LOI) to combine with Delaware-based Global Crossing Airlines (GLOBALX), a developing charter airline backed by two Miami-based private equity firms.
Dec 16, 2019
JetBlue Airways is arguing that the proposed transborder joint venture (JV) between Delta Air Lines and WestJet could dash its hopes for an eventual expansion into Canada.
Dec 16, 2019
UK long-haul operator Virgin Atlantic is considering postponing the retirement of its remaining Airbus A340s because of “ongoing supply issues” with the engines on its Rolls-Royce powered Boeing 787s.
Dec 16, 2019
Greek carrier Aegean Airlines is planning 7.8% capacity growth in 2020, supported by the introduction of six initial Airbus A320neo-family aircraft, which are scheduled to arrive during the year.