Airlines & Lessors
Mar 23, 2018
Hainan Airlines reported a net profit of CNY3.3 billion ($507 million) in 2017, up 6% over net income of CNY3.1 billion in 2016.
Mar 22, 2018
The UK’s Stobart Group has ended talks with UK regional Flybe over a possible acquisition, after Stobart’s board said it had been unable to reach an agreement.
Mar 22, 2018
FedEx Corp. posted an unadjusted $2.1 billion net profit for its fiscal 2018 third quarter, as the Memphis-based package delivery company saw a $1.53 billion benefit following US tax reforms enacted in late 2017.
Mar 22, 2018
All Nippon Airways (ANA) has confirmed it will merge its LCC subsidiaries Peach Aviation and Vanilla Air, after boosting its shareholding in Peach.
Mar 21, 2018
Southwest Airlines said a combination of factors will keep it from growing first-quarter RASM as much as expected, but the carrier remains confident in its full-year outlook for a unit-revenue uptick.
Feb 28, 2022
The AirAsia Aviation Group saw an encouraging uptick in travelers in the 2021 fourth quarter (Q4), and the carrier expects this trend to continue in early 2022 as more of its key markets reopen.
Feb 28, 2022
The airlines serve three common North American airports.
Feb 28, 2022
The LCC has agreed to lease 10 Boeing 737-8s and eight 737-800s from AerCap as it moves to increase its fleet to 80 aircraft by summer 2023.
Feb 25, 2022
Delta Air Lines has suspended its codeshare with Aeroflot, as Russia’s invasion of Ukraine continues to escalate.
Feb 25, 2022
Mexican ULCC Volaris believes Mexico could regain its Category 1 safety rating with the FAA during the second half of 2022.
Feb 25, 2022
Russian carrier S7 Airlines canceled all its flights to Europe after Poland and Czech Republic closed their airspace for Russian airlines starting midnight Feb. 26 in response to Moscow’s invasion of Ukraine.
Feb 25, 2022
Higher fuel costs could widen the cost advantage ULCCs enjoy over legacy airlines, allowing them to more quickly achieve profitability coming out of the COVID-19 pandemic, Spirit Airlines CEO suggests.
Feb 25, 2022
A Swiss International Air Lines executive also updates Aviation Daily on the flag-carrier's fleet modernization plans.