Airlines & Lessors
Dec 12, 2019
Cathay Pacific has been forced to scale back operations and defer deliveries, while Hong Kong Airlines has had to seek more funds to ensure its survival.
Dec 11, 2019
Starting April 1, 2020, Cathay Pacific will offer a HK$0.30 ($0.04) concession for every kilogram off its terminal charge at Hong Kong International Airport (HKIA) for general and special export cargo carried on the group’s four carriers—Cathay Pacific Airways, Cathay Dragon, AHK Air Hong Kong and HK Express.
Dec 11, 2019
Lufthansa Group subsidiary Brussels Airlines has appointed Dieter Vranckx as CEO and CCO, succeeding Christina Foerster, from Jan. 1, 2020, as the company continues to significantly change the group structure.
Dec 11, 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 11, 2019
Lufthansa plans to significantly change the group structure in a move that analysts hope will make it more attractive for investors.
Apr 21, 2023
Chicago-based United disclosed the delays in a recent regulatory filing.
Apr 21, 2023
The Civil Aviation Administration of China (CAAC) data shows that China has reinstated flights to 59 countries, or 82% of 2019 levels.
Apr 21, 2023
The country’s Federal Air Transport Agency Rosaviatsiya formally suspended the certificate under the airline’s request starting April 1.
Apr 21, 2023
JetBlue will offer 35 daily departures from the island this summer.
Apr 20, 2023
Occurrences of ransomware inside the aviation supply chain are up 600% in just one year—an indicator of escalating cybersecurity risks the industry is facing.
Apr 20, 2023
Alaska Air Group is in late-stage discussions to forge potential transactions for 10 Airbus A321s it plans to cease operating later in 2023.
Apr 20, 2023
Russia’s largest airline Aeroflot plans to return 10 aircraft to operation as it seeks to meet increased demand in summer 2023.
Apr 20, 2023
Five routes will be launched from Skopje International Airport to European destinations as part of the subsidy scheme.