Airlines & Lessors
Jul 27, 2015
Following months of negotiations, Cargolux has agreed to cap Cargolux Italia’s fleet as one of the foundations for a new three-year labor accord.
Jul 27, 2015
Airport passenger traffic, year-to-date, organized by world region. Year-over-year percentage changes provided by Airports Council International.
Jul 27, 2015
Avianca Brasil, which joined Star Alliance last week, expects to breakeven this year despite the difficult economic climate in Brazil, CEO José Efromovich told ATW in São Paulo.
Jul 27, 2015
Quarterly financial results from 75 air carriers worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for the first quarter of 2015, generally defined as January 1, 2015 through March 31, 2015.
Jul 27, 2015
Star Alliance is in talks with a second Brazilian carrier to extend its presence in the South American country, CEO Mark Schwab told ATW on the sidelines of the Avianca Brasil joining ceremony in São Paulo last week.
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 10, 2019
Avianca Holdings has completed a major debt restructuring and landed up to $125 million in new financing from a group of investors, giving it additional flexibility to execute its turnaround plan.
Dec 10, 2019
KLM Royal Dutch Airlines has announced plans to buy an undisclosed quantity of used cooking oil-based sustainable aviation fuel (SAF) from Finnish company Neste, which will supply flights from Amsterdam Schiphol on a drop-in basis.
Dec 10, 2019
British jet engine maker Rolls-Royce said Bradley Singer, the chief operating officer of activist investor ValueAct Capital and Rolls-Royce’s largest shareholder, left the board of directors Dec. 9.
Dec 09, 2019
LATAM Airlines Group and International Airlines Group (IAG) have decided to abandon plans for an immunized joint venture (JV) between LATAM and IAG subsidiaries British Airways and Iberia, LATAM announced in a security filing Dec. 6.
Dec 09, 2019
Santiago-based SKY Airline has signed a purchase agreement with Airbus for 10 A321XLRs, confirming the Chilean LCC was behind the undisclosed Sept. 30 order for 10 of the new-generation narrowbodies.
Dec 09, 2019
Lufthansa Group has concluded a purchase agreement with Swiss catering specialist gategroup, which will acquire the European business of Lufthansa catering division LSG Group for an undisclosed sum.
Dec 09, 2019
Hungarian LCC Wizz Air sees opportunities for growth as it looks toward receiving Airbus A321XLR long-haul narrowbodies beginning in 2023.