Airlines & Lessors
Aug 24, 2017
The European Aviation Safety Agency (EASA) has issued an emergency airworthiness directive (AD), warning operators about a risk of the Airbus A350 hydraulic engine driven pump (EDP) overheating and causing a fire.
Aug 23, 2017
Rising fuel expenses, combined with the cost of operating new international routes, were behind Thailand LCC Nok Air’s THB749 million ($22 million) net loss for the 2017 second quarter, narrowed from a THB864 million net loss in 2Q 2016.
Aug 23, 2017
Amid intense pressure to find quick solutions for the failing airberlin business, the company’s creditor committee is expected to grant preliminary approval for the sale of Austrian affiliate Niki to Lufthansa at its Aug. 23 meeting.
Aug 23, 2017
Airport and airline traffic; aircraft values; Jan-June 2017; 2017 Second Quarter Airline & Lessor Financials Results
Aug 23, 2017
Since Mehmet Nane became CEO of Pegasus Airlines, Turkey has endured a Russian tourism ban, an attempted coup and terrorist attacks, yet it continues to grow.
Sep 13, 2021
Hainan Airlines will likely see Liaoning Fangda Group become its controlling shareholder after it picked the conglomerate to be its strategic investor to navigate the group out of bankruptcy.
Sep 13, 2021
Korean Air has opted to leave the Association of Asia Pacific Airlines (AAPA) as it adjusts its industry group commitments following the impact of the COVID-19 crisis.
Sep 13, 2021
The Australian Competition and Consumer Commission has denied authorization for Qantas Airways and Japan Airlines (JAL) to coordinate flights between Australia and Japan.
Sep 13, 2021
The recruitment drive will support the arrival of new aircraft joining Wizz Air’s fleet, but the airline could not confirm several media reports regarding a potential new order for another 100 Airbus A320 family aircraft.
Sep 13, 2021
IATA has named former Singapore Airlines executive Philip Goh as its new regional VP.
Sep 10, 2021
LATAM Airlines Group has released a five-year business plan that projects 13% revenue growth from pre-crisis levels by 2026, driven in part by a forecast of robust growth in Brazil and Chile’s domestic markets.
Sep 10, 2021
Japan Airlines (JAL) has revealed plans to raise another ¥300 billion ($2.7 billion) in financing to help strengthen its business in the COVID-19 industry recovery phase.
Sep 10, 2021
Two European wet-lease operators—Ireland’s CityJet and Estonia’s Xfly—are each separately looking to expand their ACMI businesses to include Embraer E-Jets, in response to market demand.