Airlines & Lessors
Jul 28, 2015
Calgary-based WestJet earned net income of C$61.6 million ($49.8 million) in the second quarter, up 18.9% from a net profit of C$51.8 million in the 2014 June quarter, marking its 41st consecutive quarter in the black.
Jul 28, 2015
Mexican ultra-low-cost carrier (ULCC) Volaris reported second-quarter net income of $23 million, reversed from a $5.7 million net loss in the year-ago period.
Jul 28, 2015
Russia’s new regional carrier YuVT-Aero has begun commercial operations with 12X-weekly Bombardier CRJ200 service from Kazan to Moscow.
Jul 28, 2015
Lufthansa subsidiary Austrian Airlines was forced to cancel 70 short- and medium-haul flights from last week until Monday due to a pilot shortage, mainly due to illness during the summer high season.
Jul 28, 2015
The European Commission is taking France to the European Court of Justice for failing to recover €10 million ($11 million) in state aid from budget carriers Ryanair and Transavia.
Dec 12, 2019
Southwest Airlines will share $125 million with employees as part of a deal struck with Boeing that covers part of what the airline is losing because of the 737 MAX groundings, the carrier said Dec. 12.
Dec 12, 2019
Southwest Airlines will share $125 million with employees as part of a deal struck with Boeing that covers part of what the airline is losing because of the 737 MAX groundings, the carrier said Dec. 12.
Dec 11, 2019
Lufthansa Group on Dec. 11 appointed Dieter Vranckx as CEO and chief commercial officer of its subsidiary carrier Brussels Airlines, succeeding Christina Foerster from Jan. 1, 2020.
Dec 11, 2019
Lufthansa plans to significantly change the group structure in a move that analysts hope will make it more attractive for investors.
Dec 11, 2019
The advent of two-pilot crews in long-haul operations—without a third pilot for rotation during the flight—may be as close as five to six years from now, according to Groupe Dubreuil’s chief airline executive.
Dec 11, 2019
Qantas has removed four of its Boeing 737 freighters from service because of a potential defect on parts fitted during their conversion from passenger aircraft.
Dec 11, 2019
In 2020, easyJet will base two more aircraft in France and open up seven new routes—four from Bordeaux, two from Toulouse and one from Nice—as the UK LCC continues expansion plans in the French market.
Dec 11, 2019
IATA has again revised downward its forecast for the net profit that the world’s airlines will post in 2019—describing it as a “tough year”—but is optimistic for an uptick in 2020.