Airlines & Lessors
Jun 11, 2018
China’s Hainan Airlines Holding has unveiled further details of its assets restructuring plan, which include circulating 3.4 billion shares to take over stakes owned by parent HNA Group’s with an investment of CNY10.5 billion ($1.6 billion) and circulating non-public A shares to 10 investors to raise no more than CNY7 billion.
Jun 11, 2018
Hong Kong flag carrier Cathay Pacific Airways has not ruled out establishing an LCC unit, although such a move would be very unlikely in the short-term, CEO Rupert Hogg said.
Jun 11, 2018
Ireland-based aircraft lessor SMBC Aviation Capital has posted a $319.4 million full-year profit and aims to transition the majority of its fleet to new-technology aircraft by the mid-2020s.
Jun 08, 2018
Margaret Jenny will retire as president of the RTCA after 10 years in that post, the US standards organization announced June 8.
Jun 08, 2018
EasyJet Europe has become Austria’s largest airline after registering more than 100 aircraft in Austria since the launch of the Vienna-based LCC in July 2017.
May 02, 2022
Australian carrier Rex has reached an agreement to become Delta Air Lines’ new partner in the Australian market.
May 02, 2022
Long-haul LCC French bee plans to launch a Paris-Miami service in December 2022, after taking delivery of its sixth Airbus A350 aircraft in winter 2022.
May 02, 2022
Qantas has confirmed a much-delayed order for the Airbus A350-1000s it will use for its Project Sunrise ultra-long-range flights; it has also finalized orders for Airbus narrowbodies to replace its domestic fleet.
Apr 29, 2022
SkyWest Airlines is placing 47 Embraer E175s into service from the 2022 first quarter (Q1) through early 2023, as demand for dual-class regional jets remains strong despite higher fuel prices and a national shortage of pilots.
Apr 29, 2022
Although Frontier Airlines is seeing higher levels of pilot attrition, the ULCC has an excess of pilots in the short term.
Apr 29, 2022
Norwegian startup Norse Atlantic Airways has started selling tickets for its transatlantic services, together with announcing inaugural dates for its initial batch of routes.
Apr 29, 2022
A union between Colombia’s flag-carrier and its largest low-cost operator promises to bring a lower cost structure and a more joined up route network.
Apr 29, 2022
Turkish Airlines has stepped up its sustainability efforts with the first operational flight of an A321 utilizing a range of environment-friendly measures.