Airlines & Lessors
Aug 16, 2017
Cathay Pacific has plunged further into the red for the first half of 2017, and is pinning its hopes on a transformation plan to help counter surging competition.
Aug 15, 2017
Citing significant second-quarter gains in yield, operating income, revenue and traffic, Colombia’s Avianca Holdings raised its full-year EBIT margin guidance to between 7%-9%, up one point from 1Q 2017, the company reported Aug. 15.
Aug 15, 2017
A weaker second-quarter performance has dealt a setback to Thai Airways’ financial turnaround efforts, dragging the carrier into the red for the first half of the year.
Aug 15, 2017
German carrier airberlin, in which Etihad Airways has a 29.2% stake, filed for insolvency Aug. 15 after Etihad withdrew financial support.
Aug 14, 2017
California-based aircraft lessor Aviation Capital Group’s (ACG) tax status conversion in late March provided a substantial tax benefit to its overall equity, propelling ACG to an $887.5 million net profit for the first half of 2017, compared to $37.6 million in net profit for the same period in 2016.
Sep 08, 2021
After pandemic-related setbacks, MRO in Singapore is growing again, partly thanks to passenger-to-freighter conversions.
Sep 07, 2021
The new airline would not be an LCC but would operate Airbus A320 family aircraft and follow BA brand guidelines.
Sep 07, 2021
British Airways (BA) plans to acquire sustainable aviation fuel (SAF) from Air BP, giving passengers the option of contributing toward the additional cost.
Sep 07, 2021
Avianca’s post-bankruptcy business plan rests on a leaner cost structure and fewer aircraft overall.
Sep 07, 2021
U.S. consumer prices jumped more than 5% in the year to July 2021, the highest annual rate in many years. That has prompted worries that chronic…
Sep 07, 2021
Figures issued Sept. 6 by ACI Europe showed that on Aug. 1, passenger traffic through UK airports was still 72% below 2019 levels while EU airports were only down 43%.
Sep 07, 2021
Despite the surge in demand and strong leisure business over the summer, 2021 will still be “economically challenging,” according to Eurowings CEO Jens Bischof.
Sep 07, 2021
Garuda Indonesia will be subsumed into a new state holding company once the national carrier’s debt restructuring is complete.