Airlines & Lessors

May 21, 2018
HNA Group has sold its 6.2% stake in South African carrier Comair through its Netherland-based subsidiary as part of the Hainan, China-based company’s asset disposal plan.
May 21, 2018
American’s first two annual financial results following Parker’s $3 billion-$7 billion assertion will end up at the low end of the range.
May 21, 2018
Omani national carrier Oman Air has begun the process of disposing its small fleet of Embraer 175 regional jets, almost three years after it originally proposed removing them from its inventory.
May 21, 2018
Finnair CEO Pekka Vauramo is to step down by November 2018 to take up a position as CEO with Metso Corporation, a Finnish industrial machinery company that specializes in mining and related industries.
May 21, 2018
Irish LCC Ryanair’s net profit for 2017-18 has risen 10% to €1.45 billion ($1.71 billion), delivering a 20% net margin, even after thousands of flight cancellations in fall 2017, but rising labor and fuel costs mean a weaker result is expected for 2018-19.
Apr 15, 2022
The world’s largest operator of Antonov An-124 superheavy freighters―Russia’s Volga-Dnepr Airlines―is trying to redesign its business model after Western markets closed to Russian carriers.
Apr 15, 2022
The Allied Pilots Association (APA) is suing American Airlines over what it says is an illegal change to the airline’s training protocols that would replace check pilots with line pilots during simulator evaluations when an additional pilot, or seat filler, is needed. 
Apr 15, 2022
Icelandair will convert one of its passenger Boeing 767-300ERs into a freighter aircraft and will integrate an additional 767 which will also be converted for cargo operations.
Apr 15, 2022
The recovery in Latin America’s second largest market, Mexico, is continuing at a steady pace. 
Apr 14, 2022
Delta Air Lines is seeing some encouraging signs that pre-departure COVID-19 testing to enter the U.S. could be eliminated in the near future.
Apr 14, 2022
Estonian-based ACMI provider Xfly plans to launch a training program to help ensure a pipeline of pilots for its operations. 
Apr 14, 2022
ULCC Ryanair plans to undertake a five-year heavy maintenance agreement with Jordanian MRO provider Joramco, which will see the Ireland-based airline using up to six heavy maintenance bay slots at the maintainer’s facility in Amman.
Apr 14, 2022
While Cathay Pacific’s March statistics continued to reflect its dire predicament, April should see some degree of improvement as Hong Kong eases COVID-19 border restrictions.