Airlines & Lessors
Oct 31, 2019
A group of investors has agreed to buy the Ving Group, which includes the Nordic airline of collapsed UK leisure carrier Thomas Cook.
Oct 31, 2019
International Airlines Group’s (IAG) third-quarter net profit fell 10.6% to €1 billion ($1.1 billion), impacted by a €155 million initial hit from the British Airways (BA) pilot strikes and higher fuel costs.
Oct 31, 2019
Air China’s net income rose 4.4% in the third quarter to CNY3.6 billion ($510 million), compared to CNY3.45 billion in the year-ago period, as costs fell and traffic grew.
Oct 31, 2019
Air France-KLM reported a 2019 third-quarter net profit of €366 million ($450 million), down 53.4% from €786 million in the year-ago quarter.
Oct 30, 2019
The Russian government intends to provide a RUB4.9 billion ($76.6 million) subsidy to the State Transport Leasing Co. (STLC) for the acquisition of additional aircraft.
Mar 29, 2023
ITA Airways, however, has just posted a net loss for 2022 of approximately €486 million ($526 million).
Mar 29, 2023
TAP Maintenance & Engineering contributed strongly to parent airline TAP Air Portugal beating pre-pandemic performance in 2022.
Mar 29, 2023
Airlines are responding to easing restrictions by ramping up services in this key market.
Mar 29, 2023
European airline CEOs are forecasting strong travel demand for summer 2023.
Mar 29, 2023
The aircraft is the first of 16 A321neos earmarked for the LCC, a subsidiary of Cathy Pacific.
Mar 29, 2023
Mandarin Airlines has announced its plans to purchase three ATR72 turboprop aircraft for its domestic operations.
Mar 29, 2023
AirBridgeCargo used to be Russia’s largest freight carrier but ceased operations after the introduction of Western sanctions following the invasion of Ukraine.
Mar 29, 2023
The partnership between American Airlines and JetSMART will cover domestic routes in Chile, as well as international services.