Airlines & Lessors
May 23, 2018
Rising fuel prices may ground some older aircraft if airlines cut capacity, but most are putting off the decisions until after the peak summer season.
May 23, 2018
AirAsia X reported a first-quarter group net profit of RM41.5 million ($10.4 million), up from a profit of RM10.3 million in the same period last year.
May 23, 2018
China’s Ruili Airlines has sealed deals with four lessors to lease 15 Boeing 737 MAX aircraft to accelerate its fleet expansion pace.
May 23, 2018
American Airlines’ recent 30-aircraft regional jet order is part of the carrier’s strategy to simplify its operations and reduce costs by pulling more feeder flying back in-house.
May 22, 2018
Ryanair CEO Michael O’Leary is expecting to see further European airline consolidation through winter 2018, as higher fuel prices begin to bite, creating potential opportunities for the Irish LCC.
Apr 21, 2022
Confidence in continued ramp-up of business travel and a steady return of long-haul flying has United Airlines forecasting that it will turn a profit this quarter and for the full year, despite headwinds from rising fuel costs and constrained capacity.
Apr 21, 2022
UAE LCC Air Arabia and flydubai have announced the resumption of more direct flights to Saudi Arabia from their bases in Sharjah and Dubai, respectively.
Apr 21, 2022
Icelandic LCC PLAY Airlines, which began commercial operations in June 2021, launched new transatlantic services on April 20, operating daily from Keflavík International Airport to Baltimore-Washington International Airport.
Apr 20, 2022
Spirit Airlines will open a maintenance hangar at Houston George Bush Intercontinental Airport (IAH) that will eventually be staffed with more than 50 workers, the company said April 20.
Apr 20, 2022
Pilots at Delta Air Lines have picketed at many of the airline’s domestic hubs in recent weeks, citing what they describe as overly-fatiguing flying schedules.
Apr 20, 2022
Irish LCC Ryanair has signed a sustainable aviation fuel (SAF) agreement with Neste, while Etihad is embarking on a week of intensive flight tests to cut carbon emissions and contrails.
Apr 20, 2022
While U.S., European Union and UK sanctions mean that direct flights to and from Russia are off the table for carriers in those markets, for airlines based elsewhere, the picture is less clear cut.
Apr 20, 2022
Regional aircraft lessor Nordic Aviation Capital (NAC) has secured court approval for its restructuring plan, placing the company on track to exit U.S. Chapter 11 proceedings before the end of May.