Airlines & Lessors
Apr 18, 2019
Hong Kong Airlines said it had to hire external security personnel and lawyers because of an unfolding spat between shareholders, but insisted it was business as usual for customers.
Apr 18, 2019
Etihad Aviation Group CFO Mark Powers has left the Abu Dhabi-based company to return to the US for what the airline described as “personal reasons.”
Apr 17, 2019
United Airlines doubled its profit in the first quarter, reporting net income of $292 million, up from $145 million in the year-ago quarter, capping out the best first quarter for the Chicago-based carrier in three years.
Apr 17, 2019
UK long-haul operator Virgin Atlantic is planning to use its acquisition of UK regional Flybe and closer ties with new shareholder Air France-KLM to become a more comprehensive competitor to UK incumbent British Airways (BA).
Apr 17, 2019
India’s Jet Airways has suspended all remaining flight operations after failing to gain emergency funding.
Nov 17, 2022
Strong demand and a favorable non-fuel unit cost performance resulted in Copa Holdings posting an industry leading operating margin for the third quarter (Q3) and delivering a quarterly net income that surpassed its pre-pandemic performance.
Nov 17, 2022
Delta’s pilot union leadership has described the latest round of negotiations as “a highly uncharacteristic week of making meaningful progress at the table,” marking a sharp shift in tone from previous public statements.
Nov 17, 2022
Saudia Group, owner of flag-carrier Saudia and LCC flyadeal, has signed a sale and leaseback agreement with AviLease that will see the new Saudi lessor deliver 20 Airbus A320neo to flyadeal.
Nov 17, 2022
Italy’s economy ministry has appointed Antonino Turicchi as the new chairman of ITA Airways in the latest change at the carrier, whose privatization process remains stalled.
Nov 17, 2022
Air India’s owner Tata Group and the Singapore Airlines (SIA) Group have almost finalized negotiations that would see their joint venture (JV) Vistara merged with Air India, according to a local press report.
Nov 17, 2022
The inter-island carrier signed a similar agreement with Hawaiian Airlines in October.
Nov 16, 2022
The U.S. airline has confirmed that its second transatlantic destination after London will be Paris.
Nov 16, 2022
Brazilian operator Azul has ordered three Airbus A330-900 widebodies after taking delivery of it first A350-900 in September.