Airlines & Lessors
Feb 26, 2018
Air Lease Corp. (ALC) received a $354 million benefit from the December 2017 US tax reform legislation, pushing the Los Angeles-based commercial aircraft lessor to a $756.2 million net profit for 2017, more than doubling ALC’s $375 million net income in 2016.
Feb 23, 2018
Thai AirAsia (TAA) intends to grow its fleet and network this year, as the carrier looks to capitalize on Thailand’s surging international tourist numbers.
Feb 23, 2018
Airport traffic January-December 2017, aircraft values; airline traffic 2017; 2017 Third Quarter Airline and Lessor Financial Results.
Feb 23, 2018
Dublin-based Avolon reported a $550 million profit for the year, a 59.4% rise over its $345 million profit after tax in 2016.
Feb 07, 2022
To celebrate the opening of the Beijing Winter Olympics, Xiamen Air mounted what it calls its first carbon neutral flight on its Xiamen to Beijing service.
Feb 04, 2022
A perfect storm is brewing that could threaten small community air service across the U.S. for years to come.
Feb 04, 2022
U.S. regional operator SkyWest is cutting planned block hours for 2022 as continuing staffing challenges, including unexpected higher levels of captain attrition, are creating a drag on its operations.
Feb 04, 2022
French regional carrier Amelia Airlines has signed a letter of intent (LOI) with California-based Universal Hydrogen to convert three of its aircraft to hydrogen fuel cell powerplants.
Feb 04, 2022
El Al has signed an MOU with Arkia Airlines under which the Israeli flag-carrier will acquire the country’s second-largest airline.
Feb 04, 2022
Executive Board Chairman Johannes Bussmann is planning to depart the company; COO Soeren Stark is slated to take over as Chairman on July 1.
Feb 04, 2022
JAL is reacting to continued COVID-19 restrictions in place in Japan as the country attempts to contain the spread of the omicron variant.
Feb 04, 2022
Icelandair’s remaining 13 Boeing 757-200/300s will be replaced in the second half of this decade and the all-Boeing operator is preparing to enter discussions with OEMs on its future aircraft options.