Airlines & Lessors
Aug 29, 2017
A combination of yield pressure and seasonality were some of the factors behind hybrid carrier flydubai recording a loss of AED142 million ($38.8 million) for 1H 2017, the airline said.
Aug 28, 2017
Russian airlines carried 58.3 million passengers from January-July 2017, up 21% year-over-year (YOY).
Aug 28, 2017
Greybull Capital, the owner of Monarch Airlines, is the latest company to emerge as interested in Alitalia, highlighting the possibility that the Italian flag carrier’s operations could be sold off separately—even though Italy’s government has stated a preference for a sale of the company as a whole.
Aug 28, 2017
[UPDATED] Houston Intercontinental Airport (IAH) and Houston Hobby Airport (HOU) are closed because of severe flooding in Houston in the aftermath of Hurricane Harvey, significantly affecting United Airlines and Southwest Airlines.
Aug 28, 2017
Hainan Airlines reported a net profit of CNY1.2 billion ($17 million) for the 2017 first half, down 31% over net income of CNY1.7 billion for the same period last year.
Sep 15, 2021
Malaysia’s High Court has granted AirAsia X an extension until March 17, 2022 to gain approval from creditors for its restructuring plan.
Sep 15, 2021
Sunwing served Cuba starting in 2005, but the Toronto-based airline dropped flights to the country because of the COVID-19 pandemic.
Sep 15, 2021
As the industry starts to look beyond the immediate crisis to the beginnings of a “new normal,” the players with the clout to do so will be mapping out acquisition opportunities.
Sep 15, 2021
American Airlines is to buy a minority stake in Brazil’s GOL as it seeks to better compete against Delta Air Lines and its regional partner LATAM.
Sep 14, 2021
Sun Country’s CEO says the downturn has given it the opportunity to wait out good deals on unused assets.
Sep 14, 2021
Kenya Airways is leasing two Embraer E190s to Congo Airways, forming part of a wider-ranging partnership between the two airlines.
Sep 14, 2021
Irish LCC Ryanair is investing €50 million ($59 million) in a new training center, as part of an exclusive cadet-pilot partnership with Dublin-based Airline Flight Academy (AFA).
Sep 14, 2021
Indian carrier Vistara is promoting Vinod Kannan to become its new CEO, replacing current airline head Leslie Thng.