Airlines & Lessors
Jul 23, 2015
Vietnam Airlines has rolled out a new corporate identity to coincide with the launch of a major fleet upgrade.
Jul 23, 2015
Southwest Airlines earned a net profit of $608 million in the second quarter, up 30.8% over net income of $465 million in the 2014 June quarter, as the company surged to a 28.2% pre-tax return on invested capital (ROIC) for the 12 months ended June 30.
Jul 22, 2015
Boeing remains confident that it will not have to cut its 777 production rate as part of the transition to the 777X and maintains that overall demand for its commercial aircraft line continues to be rock-solid, dismissing unevenness that saw first-half orders lag behind deliveries.
Jul 22, 2015
Lufthansa subsidiary Austrian Airlines will stop Vienna-Dubai services on Sept. 13 due to overcapacity.
Jul 22, 2015
UK budget carrier easyJet is expecting a full-year pre-tax profit £620-£660 million ($965 million-$1.03 billion), despite taking a third-quarter hit from French air traffic controller strikes and the Rome Fiumicino fire.
Dec 02, 2019
Cathay Pacific Airways plans to make further cuts in capacity in 2020 as it continues to grapple with a demand slowdown prompted by civil unrest in Hong Kong.
Dec 02, 2019
Brazil’s third-largest airline Azul has forged an MOU to sublease a portion of its older Embraer E195 jets as part of its transition to the new Embraer E195-E2.
Nov 27, 2019
Norwegian Air Shuttle will stop flying from Copenhagen and Stockholm to the U.S., and from Oslo to Thailand, as part of a broader shakeup of its network designed to improve profitability.
Nov 27, 2019
Florida-based Silver Airways has become the first U.S. carrier to operate the ATR 72-600 turboprop as the regional carrier continues to transition to an all-ATR fleet.
Nov 27, 2019
Turkish airline AtlasGlobal ceased all operations and suspended ticket sales Nov. 26, saying the suspension will continue until Dec. 16 to allow for restructuring and to establish new cash resources.
Nov 26, 2019
No new deadline extension is being considered for the submission of an investors’ rescue plan for bankrupt Alitalia, a senior Italian government minister said.
Nov 26, 2019
A UK High Court judge has ruled that a legal dispute between Etihad Airways and the administrators of defunct German leisure carrier airberlin should be heard in the UK.
Nov 26, 2019
Plans to substantially reduce South African Airways’ (SAA) workforce have been put on hold until the end of January 2020—part of an agreement the airline made with unions to end the recent two-day strike.