Airlines & Lessors
Apr 26, 2018
American Airlines reported a 45.2% year-over-year (YOY) drop in first-quarter net income from $340 million to $186 million as soaring fuel costs overwhelmed an otherwise positive business environment for the Dallas/Fort Worth-based carrier.
Apr 26, 2018
Norwegian Air Shuttle reported a first-quarter net loss of NOK46.2 million ($5.9 million), compared with a net loss of NOK1.5 billion in the year-ago period, helped by a NOK1.9 billion financial gain from reclassification of its investment in bank Norwegian Finans Holding.
Apr 26, 2018
Vietnam Airlines has achieved strong profit growth in the three months through March 31, with its performance exceeding projections for the period.
Apr 25, 2018
Oneworld carrier Finnair’s double-digit growth strategy has resulted in a €1.6 million ($1.95 million) first-quarter net profit, reversing an €8 million prior-year loss.
Apr 25, 2018
Russian airlines carried 22.1 million passengers in 1Q 2018, up 12.4% year-over-year (YOY).
Mar 27, 2022
Rescuers recovered China Eastern Airlines flight MU5735’s flight data recorder March 27, and investigators are encouraged that damage to the unit will not prevent it from yielding valuable clues that will help explain what brought the aircraft down.
Mar 25, 2022
The lack of widebody capacity for international services is making Russian carriers look for alternative ways to serve foreign destinations.
Mar 25, 2022
IATA announcement that it is moving its AGM from Shanghai to Doha may be indicative of China's currently diminishing role in aviation.
Mar 25, 2022
The International Air Cargo Association (TIACA) is launching “the BlueSky program,” a sustainability index aimed at allowing air cargo operators to measure their progress on sustainability goals and speed up the industry’s sustainability efforts.
Mar 25, 2022
LOT Polish Airlines is launching new passenger flights to Mumbai and resuming service to Delhi after a two-year hiatus because of the pandemic.
Mar 25, 2022
SunExpress is looking to push its Boeing 737-8 fleet performance to more than 17 hours per day.
Mar 25, 2022
Cebu Pacific is banking on the relaxation of travel restrictions within the Philippines and across the region more broadly as it hopes to bring back pre-COVID levels of domestic capacity during the second quarter of the year.
Mar 24, 2022
Alaska Air Group plans to accelerate its transition to an all-Boeing 737 mainline fleet by year-end 2023, ahead of previous plans for 2024.