Airlines & Lessors
Aug 03, 2018
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian real and the US dollar during the three-month period ended June 30.
Aug 03, 2018
International Airline Group—parent company of British Airways, Iberia, Aer Lingus, Vueling and Level—reported strong half-year profits Aug. 3, despite the dual headwinds of rising fuel prices and continuing strikes by French air traffic controllers.
Aug 02, 2018
Substantial marketing efforts led to Royal Jordanian more than halving its losses for 1H 2018 compared to the same period a year earlier, the airline said.
Aug 02, 2018
Air Austral will wet lease an Airbus A380 from Portuguese wet-lease specialist Hi Fly to replace its second Boeing 787-8, which is being taken out of service for three months from Aug. 24 for Rolls-Royce Trent 1000 engine inspections.
Aug 02, 2018
China Eastern Airlines and Japan Airlines (JAL) will apply to form a joint venture (JV) for international and domestic operations.
Jun 09, 2022
Vietnamese retail conglomerate IPP Group (IPPG) is hopeful that it will receive its air operator certificate by the end of July, in time for the delivery of the first of four Boeing 737-800BCF freighters on July 25.
Jun 08, 2022
The ongoing bidding war over Spirit Airlines has the potential to shape the competitive environment in the U.S. air travel market for years to come.
Jun 08, 2022
Spirit Airlines postponed a shareholder vote on whether to merge with Frontier Airlines until June 30, from June 10 previously, allowing additional time for the company’s board to negotiate with Frontier, JetBlue Airways and its own shareholders about the best path forward.
Jun 08, 2022
The Nigerian Civil Aviation Authority has granted an air transport license to start-up carrier Nigeria Air, four years after the project was first unveiled at the 2018 Farnborough Airshow.
Jun 08, 2022
American Airlines has committed to pay its pilots “at the top of the industry” says CEO Robert Isom.
Jun 08, 2022
With ambitions to be North America’s first zero-emission airline, startup Connect Airlines has placed a firm order with Universal Hydrogen to convert 75 ATR 72-
Jun 08, 2022
Central and Eastern European LCC Wizz Air is planning to more than double its all-Airbus fleet over the next five years, growing from 153 to 383 aircraft.
Jun 08, 2022
European airlines have given a mixed reaction to a vote by the European Parliament on key legislation packages governing the aviation industry’s efforts to reduce its emissions.