Airlines & Lessors
Nov 07, 2019
Singapore Airlines (SIA) hopes to reap more ancillary revenue from its digital services, namely the KrisFlyer membership program and the KrisShop e-commerce platform, as the company nears the end of its three-year transformation plan.
Nov 07, 2019
Facing intense competition from LCCs in Vienna and rising fuel prices, Austrian Airlines saw a steep drop in earnings for the first nine months and warned of a possible loss for the financial year.
Nov 07, 2019
Swiss International Air Lines (SWISS) posted adjusted earnings before interest and tax (EBIT) of CHF490 million ($493.5 million) for the first nine months, down 11% from CHF549 million a year ago.
Nov 07, 2019
Faced with declining profit margins, Lufthansa Group is making cuts to fleet investments, and accelerating aircraft retirements and cost reduction measures.
Nov 07, 2019
Emirates Airline saw its net profit nearly quadruple in the first half of its financial year, but warned that stiff competition would put pressure on the aviation industry in the second half.
Apr 04, 2023
The logistics arm of Chinese e-commerce giant Alibaba is opening an air freight center at Shenzhen Bao’an to ramp up its air cargo operation with Atlas Air.
Apr 04, 2023
Air France-KLM Martinair Cargo and CMA CGM Air Cargo combined cargo networks, full freighter capacity and services.
Apr 03, 2023
Alaska Air Cargo expects to take delivery of two Boeing 737-800BCFs in 2023.
Apr 03, 2023
Africa’s aviation recovery is tracking ahead of the rest of the world, with traffic set to double over the next decade.
Apr 03, 2023
Lufthansa and its pilot union Vereinigung Cockpit (VC) are nearing their next major dispute, after confidential talks spanning several months failed last week.
Apr 03, 2023
Dublin-based ASL Aviation Holdings has purchased Australian charter and wet-lease operator Pionair.
Apr 03, 2023
ORIX Aviation has taken full ownership of a JV that it previously held on a 50:50 basis with Merx Aviation, as part of a $2.2 billion investment plan.
Apr 03, 2023
Philippine Airlines (PAL) strengthened its profitability in 2022, helping it move beyond its restructuring and plan for fleet growth in 2023.