Airlines & Lessors
Oct 27, 2017
Russian airlines carried 81 million passengers in the first nine months of 2017, up 19.7% year-over-year (YOY).
Oct 27, 2017
Air Mauritius CEO Somaskaran Appavou believes the Vanilla Alliance, which was established in 2015 by the Indian Ocean Commission (IOC) airlines, needs a carrier to take the lead to move it forward.
Oct 27, 2017
The South African government has confirmed that national carrier South African Airways (SAA) will receive recapitalization totaling ZAR10 billion ($700 million) in the 2017-18 financial year.
Oct 27, 2017
International Airlines Group (IAG) has reported what it described as a strong third quarter, despite disruptions caused by weather and terrorism during the period.
Oct 27, 2017
Finnair reported a 2017 third-quarter net income of €93.6 million ($109.3 million), up 6.8% compared to net profit of €87.6 million a year ago as the Finnish national carrier continues expansion plans based on the strong quarterly performance.
Oct 29, 2021
All Nippon Airways (ANA) has downgraded its financial outlook for fiscal 2021, as improvements in the second half of the year will not be enough to offset a weaker first half.
Oct 29, 2021
Philippine Airlines (PAL) owner Lucio Tan is injecting $505 million in fresh capital and debt financing into the airline as the flag carrier lays out plans to become profitable in 2022.
Oct 29, 2021
Turkish Airlines has decided to increase the crew wages of its cockpit personnel by 25% and the pay of its remaining domestic staff by 20%, based on current wages, effective Oct. 1, 2021.
Oct 29, 2021
China Express Airline’s profit streak ended in the 2021 third quarter (Q3) as two safety incidents dragged down the airline’s operating numbers, compounded by the outbreak of COVID-19 cases in key cities.
Oct 29, 2021
Air France-KLM is expecting its 2021 fourth-quarter (Q4) capacity to reach as much as three-quarters of 2019 levels and has posted a much lower net loss for the September quarter as the recovery in air travel demand continues.
Oct 28, 2021
Spirit Airlines has pushed out some recovery targets as it works to prevent operational meltdowns similar to the massive disruptions that cost the ULCC $50 million in the third quarter.
Oct 28, 2021
Colombia’s Avianca plans to make its Boeing 787s the only widebody passenger aircraft in its fleet, simplifying long-haul operations within the Americas and Europe.
Oct 28, 2021
Allegiant Air is joining many U.S. airlines in finding ways to combat pandemic-induced irregular operations.