Airlines & Lessors
Jul 30, 2015
Lufthansa Group delivered a first-half net profit of €954 million ($1.04 billion), reversed from a loss of €79 million a year ago.
Jul 30, 2015
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $54.3 million, up 62.8% from a $33.3 million profit in the year-ago period.
Jul 30, 2015
Air China plans to raise no more than CNY12 billion ($2 billion) by circulating non-public 994 million shares to purchase 15 Boeing 787 aircraft.
Jul 30, 2015
Indonesian flag carrier Garuda Indonesia reported a first-half net profit of $29.3 million, reversed from a $201.3 million loss in the year-ago period.
Jul 30, 2015
Embraer reported second-quarter net income of $131.1 million, down 10.6% from a net profit of $146.7 million in the 2014 June quarter, on a 14.2% year-over-year drop in revenue to $1.51 billion.
Dec 16, 2019
Kenya Airways has named Allan Kilavuka as acting CEO, alongside his current role as CEO of Kenya Airways subsidiary carrier Jambojet.
Dec 16, 2019
Far Eastern Air Transport (FAT) chairman Chang Kang-wei emerged from radio silence Dec. 13—the day the Taiwanese airline was supposed to have ceased operations—saying the carrier will resume operations after securing funds from new investors.
Dec 16, 2019
The Taiwan ministry of transport and communication has approved Starlux Airlines’ air operator’s certificate (AOC) application, as it moves toward its commercial flight debut on Jan. 23, 2020.
Dec 16, 2019
The Hong Kong Airport Authority has seized several grounded aircraft owned by struggling Hong Kong Airlines (HKA) in case the carrier cannot meet its…
Dec 16, 2019
AUCKLAND—Air New Zealand’s new CEO Greg Foran intends to launch a strategy review when he joins the airline Feb. 3, 2020. According to an internal…
Dec 16, 2019
Australian LCC Jetstar plans to cut capacity in January 2020 because of potential strikes threatening its operations.
Dec 13, 2019
Delta Air Lines is working to whittle down the number of aircraft types in its operating fleet while taking a hiatus from its comprehensive upgauging strategy in the 2020-2021 time period.
Dec 13, 2019
Aircraft lessor BOC Aviation has appointed a new executive director, board vice-chairman, two deputy managing directors and CFO following the retirement of two multi-role senior executives.