Airlines & Lessors
Feb 19, 2019
Lufthansa was today named the ATW 2019 Airline of the Year. It is the first time in 14 years that the Award has been bestowed on a European carrier.
Feb 16, 2019
UK regional carrier flybmi announced on Feb. 16 that it has suspended operations and is filing for administration.
Feb 15, 2019
Air Canada posted a net loss of C$231 million ($174.3 million) in the fourth quarter, as foreign-exchange losses cost the carrier C$262 million more than in the year-earlier period, when it posted a net profit of C$8 million.
Feb 15, 2019
Finnair foresees its expansion slowing in 2019, but continues to aim for sustainable profit growth, the company’s CEO said Feb. 15.
Feb 15, 2019
India’s Jet Airways is seeking approval of a restructuring plan that will see a consortium of creditor banks become the airline’s majority owner.
Oct 11, 2022
Wizz Air is considering additional Air Operator’s Certificates (AOCs) to manage its operational airline units.
Oct 11, 2022
U.S. regional air travel provider Surf Air Mobility has agreed to the main terms of a $450 million deal with leading turboprop lessor Jetstream Aviation Capital to fund the growth and electrification of its aircraft fleet.
Oct 11, 2022
While the other major Asian economies have relaxed border restrictions, China has continued with its zero-COVID policy, which looks unlikely to change in the near future.
Oct 11, 2022
Delta Air Lines has signed a deal with Joby Aviation to provide a premium home-to-airport service, beginning in New York and Los Angeles.
Oct 11, 2022
After introducing its third Boeing 787-9, the South Korean carrier says it intends to add another two 787s by the first half of 2023.
Oct 10, 2022
Two new investments in Eve Holding and SkyDrive have increased the advanced air mobility industry’s total investments to $7.47 billion as of Oct. 10.
Oct 10, 2022
The European Parliament has approved the introduction of a 75/25 slot rule for winter 2022/23, ahead of returning to the standard 80/20 "use it or lose it" rule in summer 2023.
Oct 10, 2022
Airbus and Air France have gone on trial in Paris for involuntary manslaughter over the 2009 crash of Air France flight AF447, the latest step in a long-running legal battle by relatives of those on board the aircraft.