Airlines & Lessors
Oct 04, 2019
Efforts to return some 150,000 customers of failed leisure operator Thomas Cook Airlines are scheduled to conclude this weekend, with the UK’s aviation regulator hailing the success of what has been described as the country’s largest peacetime repatriation effort.
Oct 04, 2019
A French court ruled Oct. 4 that insolvent airline XL Airways should be liquidated, ending hopes that a last-minute takeover offer could save part of its operations, in the second casualty to hit the French air transport sector in a week.
Oct 04, 2019
Singapore-based lessor BOC Aviation concluded a purchase-and-leaseback transaction with Qatar Airways for three new Airbus A350-900s with the Sept. 27 delivery of the third aircraft.
Oct 04, 2019
Insolvent Slovenian carrier Adria Airways left Star Alliance Oct. 2, becoming the second member airline in a month to leave the alliance because of bankruptcy.
Oct 03, 2019
Most US airlines would see minimal near-term fallout from tariffs on Airbus deliveries, although New York-based JetBlue Airways and Florida-based Spirit Airlines could face notable challenges offsetting added costs, a Bernstein analysis has concluded.
Mar 14, 2023
Southwest Airlines is “well underway” with a remediation plan to prevent a winter event on the magnitude and impact of its December 2022 operational disruption.
Mar 14, 2023
United Airlines is still bullish about the current revenue environment despite forecasting a loss for Q1.
Mar 14, 2023
Emirates said it has boosted its operations by 31% since its financial year began last April.
Mar 14, 2023
Lessor NAC took $227 million in impairments in 2022—largely related to stranded Russian aircraft—while the impact on BOC Aviation stood at over $500 million.
Mar 14, 2023
Saudi Arabian flag carriers Riyadh Air and Saudia will order 78 787s with options for a further 43 aircraft.
Mar 14, 2023
Ecuador’s capital Quito will become a new point on Viva Aerobus’ route map.
Mar 14, 2023
A clearer path to certification and operation of a fixed-wing electric aircraft is another reason given for the move.
Mar 13, 2023
The fiscal 2024 bill requests $1.7 billion for FAA’s Aviation Safety (AVS)—a 7% increase over the current year’s enacted total.