Airlines & Lessors
Nov 28, 2018
WOW Air will reduce its fleet by four aircraft as the Icelandic LCC reported that its financial situation had worsened in recent weeks.
Nov 28, 2018
JetBlue Airways is opposing a request by Delta Air Lines, Virgin Atlantic and Air France-KLM seeking antitrust immunity (ATI) from the US Department of Transportation (DOT) for a new transatlantic joint venture (JV).
Nov 28, 2018
Greek carrier Aegean Airlines reported a net profit of €80.9 million ($94 million) for the first nine months of 2018, up 13% from a €71.7 million net profit in the year-ago period.
Nov 28, 2018
LATAM Airlines Group, buffeted by rising fuel costs and weak currencies, saw its net income decline by 67% to $52.9 million for the third quarter (3Q), compared with the same period last year.
Nov 27, 2018
Infrastructure improvements, tax and fee cuts, and regulation reform in Colombia would increase the airline industry’s economic benefits to the country, IATA officials said at the Aviation Day conference in Bogota.
Aug 23, 2022
Passenger demand is starting to resemble past cycles, but some new trends are emerging in how customers travel, a top American Airlines executive says.
Aug 23, 2022
Bidders for a majority stake in ITA Airways have submitted improved offers to the Italian government in advance of a deadline that expired Aug. 22, but industry sources fear political uncertainty in Italy could once again hold up the long-drawn out sale process.
Aug 23, 2022
ExpressJet, the long-time regional feeder airline that morphed into a stand-alone leisure operator under the aha! brand, has filed for bankruptcy protection.
Aug 23, 2022
The airline launched European short-haul flights in June 2021 and added long-haul transatlantic operations in April 2022.
Aug 23, 2022
London Heathrow Airport has given airlines until Aug. 31 to hand back up to 10% of their winter slots without penalty.
Aug 23, 2022
Maarten Stienen takes on the role as KLM continues to face operational disruption.
Aug 22, 2022
U.S. regional operator Air Wisconsin is forging a new partnership with American Airlines, opting to end an agreement with its current major airline partner, United Airlines.
Aug 22, 2022
U.S. airlines will benefit from a full year of “normalized demand” in 2023 but will soon face headwinds from broader macroeconomic factors that are threatening most industries, a new Fitch Ratings forecast said.