Airlines & Lessors
Apr 12, 2019
China’s Juneyao Airlines reported a 2018 net profit of CNY1.2 billion ($174.5 million), down 7.7% from CNY1.3 billion in 2017.
Apr 12, 2019
Delta Air Lines reported its 2018 first-quarter net income jumped 31% to $730 million from $557 million in the year-ago quarter.
Apr 12, 2019
New SriLankan Airlines CEO Vipula Gunatilleka is hoping to reach breakeven within three years by renegotiating aircraft leases, substituting the airline’s Airbus A350 order for A330-900neos, growing the network, and reopening destinations.
Apr 12, 2019
India’s Jet Airways continues to cancel all international flights for the near-term at least, as more aircraft are grounded for missing lease payments.
Nov 15, 2022
The head of sustainability at Spanish airline Iberia says Europe in general and Spain in particular are lagging behind when it comes to investment in sustainable aviation fuel.
Nov 15, 2022
UK-based startup Hans Airways is undergoing a restructuring that will see its founder sidelined and delay its planned launch of services to India.
Nov 15, 2022
United Airlines has added a planned biofuels refinery in Oregon to its list of sustainability-related investments.
Nov 15, 2022
The MOU does not specify projects, but they will support DHL’s planned investment in expanding its operations to improve services to customers locally and across the Middle East and North Africa (MENA) region.
Nov 15, 2022
The UK Competition and Markets Authority has voiced concerns over the proposed merger between Korean Air and Asiana, although Korean Air says it is confident it can address the questions raised.
Nov 15, 2022
Europe’s aviation sector is looking ahead to summer 2023 and trying to predict the capacity, pricing and demand trends that will shape those distant months.
Nov 15, 2022
Boeing now expects airlines in Southeast Asia to order fewer aircraft over the next 20 years than it previously forecast, attributing the change to customers upgauging.
Nov 15, 2022
The world’s first airline alliance credit card would give Australian cardholders the ability to fast track to the alliance’s highest status without buying a single air ticket.