Airlines & Lessors
May 04, 2018
Chicago-based United Airlines and Frankfurt-based Lufthansa Cargo (LHC) launched a joint venture (JV), effective May 3. The JV agreement was signed April 20, 2017.
May 04, 2018
Air cargo operator Atlas Air Worldwide Holdings reported a $9.6 million net profit for the first quarter of 2018, reversed from a $752,000 net loss in 1Q 2017.
May 04, 2018
Air France-KLM warned its 2018 operating profit would be “notably below” 2017’s because of the financial impact of ongoing Air France strikes, currency fluctuations and a fuel bill that is €350 million ($419 million) higher than last year’s.
May 04, 2018
The board of Norwegian Air Shuttle (NAS) has rejected two offers for a full takeover by International Airlines Group (IAG) since the group made public its initial small investment.
Apr 04, 2022
New Italian flag carrier ITA Airways has signed an aircraft lease agreement with Irish lessor AerCap, covering 10 Airbus A320neos and two A330neos.
Apr 01, 2022
Seattle-based Alaska Airlines canceled more than 120 flights across its network on April 1, as pilots gathered to picket flights at airports in five cities to protest stalled contract negotiations.
Apr 01, 2022
Doha’s Hamad International (DOH), the country’s international gateway, is hoping the event will generate a longer-term traffic increase.
Apr 01, 2022
Two years into the pandemic, European airlines have acclimated to high levels of short-term uncertainty, but as CEOs gathered in Brussels at the Airlines For Europe (A4E) annual summit, it was long-term issues that dominated discussions.
Apr 01, 2022
Latvian charter and ACMI specialist SmartLynx Airlines is seeking to spread its peaks of activity by looking outside Europe.
Apr 01, 2022
British Airways (BA) is recovering from the latest in a series of IT outages that has plagued the airline in recent years.
Apr 01, 2022
Spanish LCC Volotea is seeing a continuation of strong last-minute sales, even though some uncertainties linger that might deter travelers from flying.
Apr 01, 2022
A strong, diversified portfolio has helped Vietjet Air remain profitable despite a relatively slow return to full recovery.