Airlines & Lessors
Mar 08, 2018
WestJet, Canada’s second largest airline, made a surprise CEO change, announcing March 8 that Gregg Saretsky was stepping down “effective immediately” after eight years leading the company.
Mar 08, 2018
UK long-haul carrier Virgin Atlantic has cancelled the six Airbus A380s that it originally ordered in 2001.
Mar 07, 2018
São Paulo-based LCC GOL reported a BRL378.2 million ($114 million) net profit for 2017, a 65.7% drop from BRL1.1 billion in 2016 net income, as the company paid BRL547 million in deferred income taxes during the year.
Mar 07, 2018
International Airlines Group (IAG) CEO and new Airlines for Europe (A4E) chairman Willie Walsh has said the association will “beat people to death” on the same core issues as the body enters its third year.
Mar 07, 2018
Airline CEOs attending the Airlines for Europe (A4E) Aviation Summit believe there is scope for further European consolidation, with Ryanair CEO Michael O’Leary predicting that “the next downturn is imminent.”
Feb 15, 2022
The network growth increases competition with Lufthansa on U.S. routes from Frankfurt.
Feb 15, 2022
Australian startup LCC Bonza has revealed the 25 routes that will comprise its launch network, as well as the airports it will use as its initial hubs.
Feb 15, 2022
Ukraine International Airlines (UIA) has deployed another two aircraft to Spain for safekeeping, reducing its fleet to 13 units, as tensions with Russia continue to simmer.
Feb 15, 2022
Malaysia Airlines’ parent company has signed a long-term lease deal with U.S. lessor Air Lease Corp. (ALC), covering 25 Boeing 737-8s.
Feb 15, 2022
China Airlines (CAL) has extended its existing Total Component Support (TCS) contract with Lufthansa Technik for a minimum of a further six years, the companies said Feb. 14.
Feb 15, 2022
UAE LCC Air Arabia believes that easing health restrictions will provide an optimistic backdrop to the current year’s financial performance, as it also embarks on two new joint venture (JV) projects.
Feb 15, 2022
It won’t come from governments this time.
Feb 14, 2022
In addition to confirming an order for 28 Airbus A320neo family aircraft, Kuwaiti LCC Jazeera Airways reported a return to profit in 2021, despite continuing pandemic-related restrictions.