Airlines & Lessors
Nov 09, 2018
Global passenger traffic growth and manufacturer delivery delays helped Air Lease Corp. (ALC) post a 48% net profit increase of $146.6 million for the third quarter (3Q) compared to the year-ago period.
Nov 09, 2018
The new CEO of Austrian Airlines said the carrier needs more financial strength before it can make needed investments in fleet renewal.
Nov 09, 2018
Turkish Airlines reported a $755 million net profit for the first nine months—nearly tripled from a net profit of $263 million for the year-ago period.
Nov 08, 2018
Volotea, a Spanish LCC specializing in point-to-point service between Europe’s secondary cities, plans on steady growth in fleet, network and revenues next year
Nov 07, 2018
International Airlines Group’s (IAG) Iberia is moving out of survival mode and looking to Latin America as a key pillar of the Spanish flag carrier’s future strategy.
Aug 12, 2022
As the cargo sector adapts to the new normal, the messages are mixed: while the pandemic boom times might be over, e-commerce demand is expected to drive growth in the long-term.
Aug 12, 2022
The countries have signed an agreement to remove a cap on the number of flights and capacity.
Aug 12, 2022
Russia’s largest cargo carrier, Volga Dnepr Group, is changing its ownership in order to avoid sanctions imposed by the UK against its long-term founder and president.
Aug 12, 2022
Philippines’ Cebu Pacific remained in the red, primarily due to pressures from fuel prices and a weakened peso.
Aug 11, 2022
Aircraft lessors are optimistic that strong demand for air travel, combined with continued aircraft and engine supply constraints, bode well for their prospects in coming years.
Aug 11, 2022
Azul Airlines is hinting it could soon announce changes to its fleet transformation plan as it looks to broaden the number of next generation aircraft in its fleet.
Aug 11, 2022
The measure led to many airlines having to reduce the number of flights, or limit the number of passengers on services, with many having their flights canceled and rearranged.
Aug 11, 2022
The Sharjah-based LCC will continue to invest in expanding its fleet and route network, as well as developing its new joint ventures in Armenia and Pakistan.