Airlines & Lessors
Jul 15, 2015
Russia’s Ilyushin Finance Co. (IFC) is considering taking a 74% stake in Red Wings Airlines, IFC CEO Alexander Roubtsov confirmed, adding the lessor will make a final decision at a board meeting at the end of July.
Jul 15, 2015
African budget carrier fastjet has signed a letter of intent (LOI) with an undisclosed lessor for its fifth Airbus A319 and is preparing to take delivery of its fourth aircraft, which will be used to launch startup carrier fastjet Zimbabwe.
Jul 15, 2015
Delta Air Lines’ order for 40 new Boeing 737-900ERs and 20 used Embraer E-190s has been shelved owing to the carrier’s pilots rejecting a tentative agreement on a new labor contract.
Jul 15, 2015
Delta Air Lines reported a second-quarter net profit of $1.49 billion, up 85% over net income of $801 million in the 2014 June quarter, as it kept costs in check in a disappointing revenue environment.
Jul 14, 2015
The latest airport passenger traffic and aircraft movements for 143 airports worldwide - current through May 2015 - presented in monthly and year-to-date figures.
Oct 25, 2017
Industry believes supersonic air travel will not return until technology can mute sonic booms sufficiently to allow high-speed flight over land.
Oct 25, 2017
Airlines have a unique advantage over every other retail business: their customers are forced to be in one place—an assigned aircraft seat—for multiple hours.
Oct 20, 2017
UAV use is growing quickly and penetrating many commercial markets. Airlines, airports and air traffic managers want a way to share airspace safely.
Oct 20, 2017
Chairman and CEO Doug Parker is confident American will continue to produce annual profits averaging $5 billion. But will investors believe it?
Oct 20, 2017
During the first half of 2017, carriers posted a 9.4% rise in international traffic, and international volumes South America at a nearly 13% annual rate.
Oct 20, 2017
It has been an abnormally bruising period for Middle East carriers, with many facing issues far removed from the usual problems of yields and load factors.
Oct 20, 2017
The upgrades provided by Rockwell Collins’ Interior Systems division will be done first on Qatar's Boeing 777 fleet, followed by 787s and Airbus A350s.
Oct 20, 2017
American Airlines is planning more enhancements to its onboard products as it pursues a strategy of segmenting cabins to offer multiple levels of service at different fare points.