Airlines & Lessors
Apr 30, 2019
An April 30 deadline for the presentation of a new business plan to rescue Alitalia looked set to be extended after Italian railway company Ferrovie dello Stato (FS), which is expected to lead the relaunch, said it had discussed the possibility of an extension at a board meeting.
Apr 30, 2019
Lufthansa subsidiary Austrian Airlines reported a 2019 first-quarter net loss of €99 million ($111 million), widened from a €73 million loss in the year-ago quarter.
Apr 29, 2019
Boeing chairman, president and CEO Dennis Muilenburg appears likely to keep all those titles after company shareholders opted April 29 not to make the chairmanship an independent position.
Apr 29, 2019
Garuda Indonesia reported a net profit of $19.7 million for the 2019 first quarter, reversing a $64.3 million loss for the same period in 2018.
Apr 29, 2019
Italy’s deputy prime minister Luigi Di Maio said more private investors are making offers for Alitalia and would play a role in the bankrupt airline’s relaunch.
Nov 28, 2022
Cathay Pacific is moving ahead with plans to upgrade its medium-haul fleet.
Nov 28, 2022
Russian airline Red Wings plans to expand its fleet with four Soviet-era Tupolev Tu-204/214 narrowbody airliners.
Nov 25, 2022
Thai Airways CFO Chai Eamsiri edged out 53 internal and external candidates to become the flag carrier’s new CEO.
Nov 25, 2022
Rex is primarily a turboprop operator, but last year it diversified its business by launching narrowbody jet operations on Australia’s major trunk routes.
Nov 24, 2022
Aerocivil rejected the proposed deal earlier in November, saying that the tie-up would damage competition and create a monopoly on 16 domestic services.
Nov 23, 2022
Airline capacity within the U.S. during Thanksgiving week is back to 98% of pre-COVID levels.
Nov 23, 2022
Irish lessor Aergo Capital has acquired Dublin-headquartered Seraph Aviation Management for an undisclosed sum, growing its portfolio to 304 aircraft assets, valued at approximately $6.8 billion.
Nov 23, 2022
Emirates Airline and Lufthansa appear to be indicating that they are open to such an arrangement under certain conditions.