Airlines & Lessors
Oct 26, 2018
International Airlines Group (IAG) weathered the effects of rising fuel prices and unfavorable currency movements to record a net profit before exceptional items of €1.14 billion ($1.29 billion) for the third quarter (3Q), nearly the same as the year-ago restated figure.
Oct 26, 2018
International Airlines Group has revealed that the data breach of its British Airways (BA) customer database in September 2018 affected more customers than previously believed.
Oct 26, 2018
Alaska Air Group—parent of Alaska Airlines and Horizon Air— experienced a drop in net income for the third quarter in a row, as the company struggled to generate enough revenues to offset higher fuel costs.
Oct 25, 2018
South African Airways (SAA) is in line for another government bailout as part of a restructuring initiative aimed at restoring profitability by 2020-21. More cash is also in the works for regional carrier SA Express.
Oct 25, 2018
American Airlines posted a 2018 third-quarter net profit of $341 million, down 48% from $661 million in the 2017 3Q.
Aug 05, 2022
After emerging from Chapter 11 proceedings on Dec. 31, 2021, Philippine Airlines has posted its first half-year net profit since 2016.
Aug 05, 2022
Second quarter financial results indicate an uptick for MRO services despite the sluggish environment of Europe’s airline industry.
Aug 04, 2022
The U.S. startup wants to offer scheduled flights before the end of 2022.
Aug 04, 2022
The Panama-based airline deployed nearly 97% of its pre-pandemic capacity in the second quarter.
Aug 04, 2022
A consortium led by Apollo Global Management has forged an agreement to purchase air freight specialist Atlas Air Worldwide.
Aug 04, 2022
Canada Jetlines has delayed its planned start date until Aug. 29 as it works to obtain final regulatory approvals.
Aug 04, 2022
Korean Air’s continuing recovery in passenger demand and capacity helped the carrier achieve a healthy profit for the second quarter.
Aug 04, 2022
Better numbers—at long last—for European legacy carriers should be cause for cheer, but with scenes of airport chaos still dominating the headlines, celebration seems premature.