Airlines & Lessors
Aug 15, 2019
Air Serbia reported a €12.2 million ($13.9 million) net profit for 2018, down 22% from €15.7 million a year ago.
Aug 15, 2019
Chile’s LATAM Airlines Group narrowed its net loss to $63 million in the second-quarter, as rising passenger revenues were offset by the ongoing financial crisis in Argentina.
Aug 14, 2019
Philippine Airlines (PAL) reported a 2019 second-quarter net loss of PHP2.3 billion ($43.6 million), widened from a PHP173.4 million loss in the year-ago quarter.
Aug 13, 2019
UK long-haul specialist Virgin Atlantic has taken delivery of its first Airbus A350-1000. The aircraft flew into London Heathrow Aug. 10 from Airbus’s Toulouse plant.
Aug 13, 2019
Hanover, Germany-based TUI Group has seen a negative financial impact by the global Boeing 737 MAX grounding as well as delayed bookings for the 2019 third quarter (April-June).
Feb 09, 2023
Ireland-based lessor Avolon believes the coming year offers good prospects, with China acting as the driving force behind broader growth.
Feb 09, 2023
The Civil Aviation Authority of Vietnam (CAAV) is estimating that the country’s passenger volume in 2023 will fully recover and may surpass 2019 levels.
Feb 09, 2023
Norse Atlantic Airways has appointed airline industry stalwart Charles Duncan as president of the Oslo-based long-haul LCC.
Feb 09, 2023
The airline has reached 65% of its pre-pandemic network and is now looking at acquiring new aircraft to meet demands.
Feb 09, 2023
Boeing could be set to notch a rare win in China, albeit in Hong Kong, as start-up carrier Greater Bay Airlines is reportedly close to placing an order.
Feb 09, 2023
Alaska Airlines and United Airlines both plan to be early adopters of electric aircraft but have contrasting visions for initial operations.
Feb 09, 2023
Airbus has notified Frontier that nine A321neo deliveries previously expected this year will shift to 2024.
Feb 09, 2023
Good news as the global commercial aviation market continues its rebound from the COVID-19 crisis, with domestic aircraft usage now above pre-pandemic levels.