Airlines & Lessors
May 30, 2017
Irish low-cost carrier (LCC) Ryanair reported a full-year net profit of €1.3 billion ($1.5 billion), up 6% from a €1.2 billion net profit in the year-ago period.
May 30, 2017
Greece-based Aegean Airlines reported a 2017 first-quarter net loss of €35.8 million ($38.4 million), widened from a net loss of €21.5 million for the year-ago quarter.
May 30, 2017
Lufthansa Group low-cost (LCC) subsidiary Eurowings—which remains the fastest-growing airline in Europe—aims to continue its fleet expansion and eventually double the number of aircraft it has in order to compete with other European LCCs such as the UK’s easyJet and Ireland’s Ryanair.
May 30, 2017
Calgary-based low-cost carrier WestJet has named Charles Duncan as the new head of WestJet Encore, WestJet’s regional airline, effective June 6, pending immigration approval.
May 29, 2017
Royal Jordanian Airlines has appointed Stefan Pichler as president and CEO from June, the airline announced May 28.
Jul 16, 2021
Under the new 2021-2025 business plan the ITA fleet is set to grow to 78 aircraft by 2022 and, with the gradual addition of new generation aircraft to the fleet, 105 by the end of 2025.
Jul 16, 2021
At the launch of Eurowings Discover its CEO has laid out plans for the new leisure carrier to operate a 21-strong all-Airbus fleet by summer 2022.
Jul 15, 2021
Logic dictates that the stark differences in the full-service and ultra-low-cost business models would prohibit those operators from ever forging partnerships.
Jul 15, 2021
In its latest act of support for EU carriers, the European Commission (EC) has approved further assistance for Scandinavian Airlines (SAS).
Jul 15, 2021
Cathay Pacific is due to introduce its first Airbus A321neos into service in August, as the carrier continues to gradually increase its network and capacity.
Jul 15, 2021
A combination of employment-preservation measures has allowed TAP Air Portugal to radically reduce the number of redundancies it initially planned to make as a result of the pandemic.
Jul 15, 2021
Domestic travel restrictions are likely to remain in place in Malaysia into the 2021 fourth quarter (Q4), causing a major setback for Malaysia Airlines’ recovery timetable.
Jul 15, 2021
The Helsinki-based carrier is set to reassess its strategy in the fall as a result of COVID-19's impact on the sector.