Airlines & Lessors
Nov 03, 2017
Hainan Airlines reported a net profit of CNY1.6 billion ($240.3 million) in the third quarter—down 5.9% over net income of CNY1.7 billion in the year ago quarter—because of the poor financial performance of its subsidiary Tianjin Airlines.
Nov 03, 2017
Traffic between Moscow Sheremetyevo International Airport (SVO) and Prague increased in January—October 14.6% year-over-year.
Nov 02, 2017
The Russian government will add RUB1 billion ($17.3 million) to the State Transport Leasing Co. (STLC) this year.
Nov 02, 2017
Dublin-based lessor AerCap Holdings posted $265.8 million in third-quarter 2017 net profit, up 17.8% from $225.5 million net income in the year-ago quarter.
Nov 02, 2017
Sweden-based cargo airline West Atlantic is considering looking for additional shareholders to recapitalize operations, in the light of costly delays in bringing in new freighters to its fleet.
Nov 04, 2021
Talon 1 Acquisition Corp., headed by serial U.S. airline entrepreneur Ed Wegel of Eastern Airlines and Global Crossing Airlines, is eyeing a merger with an aerospace, aviation or related services company.
Nov 04, 2021
The route is made possible by the 2020 Abraham Accords which facilitated visa-free travel between the countries.
Nov 04, 2021
Finnair is planning to resume two of the shortest routes in its network during the summer 2022 season—but also intends to add bus connections to lower the carbon footprint of the services.
Nov 03, 2021
Collins Aerospace will be installing new business class cabin and galley features as part of the airline’s efforts to create a consistent passenger experience across its fleet.
Nov 03, 2021
Lufthansa CEO Carsten Spohr is concerned about the number of new aircraft coming into the market in the coming years, mainly based on the production rates envisioned by Airbus.
Nov 03, 2021
Austrian Airlines, Swiss International Air Lines (SWISS) and Brussels Airlines have reported their first positive financial signs since the global pandemic took hold.
Nov 03, 2021
New Middle East freight carrier MENA Cargo aims to add “at least three to four” more aircraft for its fleet in the next 12 months and is aiming to have 15 to 20 aircraft in the longer term.
Nov 03, 2021
Air Canada believes it can return to 2019 capacity levels by 2023, sooner than it previously forecast, citing encouraging trends since Canada’s borders reopened to vaccinated travelers in September.