Airlines & Lessors
May 01, 2017
Most Chinese carriers are reporting declines in first-quarter net profits because of rising fuel expenses that collectively increased 40%-50%.
May 01, 2017
UAE-based lessor Dubai Aerospace Enterprise (DAE) signed long-term lease agreements May 1 for 10 ATR 72-600 regional turboprops with Air India regional subsidiary Alliance Air.
May 01, 2017
Calgary-based low-cost carrier WestJet has appointed Bob Cummings as EVP of its yet-to-be-named ultra-low-cost carrier (ULCC), which will launch late in 2017 or early 2018 with an initial fleet of 10 “high-density” Boeing 737-800s.
May 01, 2017
Grupo Aeromexico reported a MXP258 million ($13.8 million) net loss in the 2017 first quarter, reversed from a MXP161 million net profit in the year-ago quarter.
May 01, 2017
Finnair has reported an €8 million ($8.7 million) first-quarter net loss, narrowed 46.9% from a €15.1 million loss in the year-ago period.
Jun 24, 2021
Aer Lingus has been burning through an average of more than €1 million ($1.2 million) a day for more than a year and government support funding is insufficient, the airline’s CEO told Irish parliamentarians June 22.
Jun 24, 2021
The prospective new owners of Jet Airways have now won court approval for their planned takeover, but shorn of the dormant carrier's previously extensive slot portfolio they are in the same position as a new entrant when it comes to airport access at Delhi and Mumbai.
Jun 24, 2021
Starting from June 28, passengers traveling on selected Singapore Airlines (SIA) Airbus A350s will be able to shop, buy and pay for duty-free products online from their inflight entertainment (IFE) system.
Jun 24, 2021
Alternative investment specialist Bain Capital plans to acquire 16.6% of Icelandair Group for ISK8.09 billion ($65.8 million), with options to further increase its stake.
Jun 24, 2021
PLAY launched services on June 24 with an A321neo flight from Iceland to London, a day after announcing plans for an IPO.
Jun 23, 2021
Spirit Airlines is looking to cement its status as South Florida’s premier ULCC with new service out of Miami International Airport (MIA) beginning in September.
Jun 23, 2021
WestJet will integrate at least four 737-800 Boeing Converted Freighters (BCFs) to its expanding cargo strategy and plans to have at least two operating when its first dedicated freighter service is launched early in 2022.
Jun 23, 2021
After serving at the helm of Southwest Airlines for nearly 17 years, CEO Gary Kelly will “transition roles” in February 2022, stepping aside from leading the Dallas-based carrier to serving as its Executive Chairman.