Airlines & Lessors
Oct 26, 2017
American Airlines said it lost an estimated $75 million in pre-tax earnings from the three hurricanes that struck the Caribbean and US mainland in August and September; the company’s $624 million net profit for the 2017 third quarter was a 15.3% drop from 3Q 2016.
Oct 26, 2017
Southwest Airlines weathered hurricanes and a competitive fare environment to post a 29.6% year-over-year (YOY) net profit gain in the third quarter, and the Dallas-based carrier is confident about its prospects for 2018.
Oct 26, 2017
Two days before the insolvent airberlin ceases operations, last-minute negotiations with both German leisure carrier Condor and UK LCC easyJet about the transfer of assets continue, but many airberlin aircraft are expected to be grounded at least temporarily.
Oct 26, 2017
Irish LCC Ryanair has postponed plans to cut its regular hand-luggage allowance from two pieces to just one, shifting the change from Nov. 1 this year to Jan. 15, 2018.
Oct 26, 2017
Dubai-based Emirates Airline has announced plans to create an “Aviation X-Lab,” with the aim of rethinking the transportation industry.
Oct 28, 2021
Strong corporate demand between the U.S. and the UK is fueling the carrier’s latest transatlantic expansion.
Oct 28, 2021
Italy’s Blue Panorama Airlines, which operated as Luke Air, suspended operations on Oct. 28 due to financial problems related to the COVID-19 pandemic.
Oct 28, 2021
Norwegian Air Shuttle said passenger demand is returning and forward bookings are positive, meaning it expects to have a peak of 50 aircraft in operation by the end of 2021 and 70 in 2022.
Oct 27, 2021
ULCCs have gained dominance in recent years by capitalizing on rock bottom fares to attract price-sensitive leisure travelers.
Oct 27, 2021
UK regional airline Flybe has taken another step closer to relaunching with the appointment of a CEO, Dave Pflieger.
Oct 27, 2021
Environmental lobby group Greenpeace has called on the EU to ban short-haul flights in favor of rail substitutes, citing new research performed by OBC Transeuropa (OBCT).
Oct 27, 2021
The UK government plans to halve Air Passenger Duty (APD) on domestic flights but levy more tax on ultra-long-haul flights, drawing an angry response from industry stakeholders.
Oct 27, 2021
The airline says the alliance with American Airlines enables it to grow in the capacity-constrained New York market well beyond what it otherwise could.