Airlines & Lessors
Apr 27, 2018
United Airlines parent United Continental Holdings has boosted its stake in Azul Airlines to 8% after purchasing shares in the Brazilian company from China’s HNA Group subsidiary Hainan Airlines.
Apr 27, 2018
United Parcel Service (UPS) saw first-quarter net income rise 15% on the strength of its large US domestic network, helping offset headwinds, including weather disruptions that cost the company a chunk of profit.
Apr 27, 2018
The Japan Airlines Group’s net profit dropped by 17.5% in the fiscal year ending March 31, although it saw a 2.5% rise in its operating profit for the same period.
Apr 27, 2018
All Nippon Airways (ANA) Holdings achieved another strong profit rise in its fiscal year ended March 31, driven mainly by a sharp increase in international revenue.
Apr 27, 2018
Fort Lauderdale-based ultra-LCC Spirit Airlines posted a $44.9 million net loss for the first quarter of 2018, reversed from a $31.3 million net profit in 1Q 2017, as $89 million in special charges related to Spirit’s February labor agreement with its pilots impacted the net result.
Mar 29, 2022
Latin and Caribbean airline association ALTA is praising a new resolution designed to encourage the development of sustainable aviation fuel (SAF) in the region.
Mar 29, 2022
A new study shows a shift from short-haul flying to rail travel has limited environmental benefit, airport and airline associations have said.
Mar 29, 2022
The supply of aircraft spare parts and maintenance services was banned by the EU along with the delivery and lease of commercial airliners in early March in response to Russia’s invasion of Ukraine.
Mar 28, 2022
UPS has named Jim Joseph as president of its airline operations, replacing Brendan Canavan, who has held the position since 2014.
Mar 28, 2022
Aer Lingus has secured €200 million ($220 million) in fresh financing from the Ireland Strategic Investment Fund (ISIF), while Irish regional start-up Emerald Airlines has been granted €6 million.
Mar 28, 2022
As the EU enforces sanctions against Russia for its invasion of Ukraine, Europe’s air transport industry has new problems to solve, ranging from the financial health of its carriers to air traffic management and a post-war relationship with Russia.
Mar 28, 2022
Saudi Arabian airline flynas' board of directors has approved its strategic plan, which includes raising new aircraft orders to 250.
Mar 28, 2022
The Hong Kong government has taken another step toward reducing COVID-19 travel restrictions for airlines, prompting Cathay Pacific to incrementally boost its schedule.