Airlines & Lessors
Apr 26, 2017
Italy is preparing an emergency bridge loan to keep Alitalia going, in hopes of finding a buyer, after employees derailed the carrier’s turnaround plan by rejecting a labor agreement.
Apr 26, 2017
Icelandic low-cost carrier WOW Air has taken delivery of its first Airbus A320neo, sourced from US lessor Air Lease Corp. (ALC).
Apr 26, 2017
Alaska Air Group—the parent of Alaska Airlines, Virgin America and Horizon Air—reported a 2017 first-quarter net profit of $99 million, down 46% from a net profit of $184 million in the 2016 March quarter.
Apr 26, 2017
Pakistan International Airlines (PIA) has confirmed that CFO Nayyar Hayat has become acting CEO, replacing Bernd Hildenbrand, the company said in a statement April 25, when Pakistan’s Federal Minister for Parliamentary Affairs Shaikh Aftab Ahmed visited PIA headquarters.
Apr 26, 2017
Las Vegas-based Allegiant Travel Co., parent of low-cost carrier (LCC) Allegiant Air, reported first-quarter 2017 net income of $41.6 million, down 42.2% from a $72 million profit in 1Q 2016.
Jun 21, 2021
Emirates plans to resume carrying passengers from India, Nigeria and South Africa following the easing of entry restrictions to Dubai and will ramp up capacity to Jordan ahead of Eid al-Adha, one of the most important festivals in the Muslim calendar.
Jun 21, 2021
Oslo-based Flyr will initially focus on domestic Norwegian routes, alongside a few European leisure destinations.
Jun 21, 2021
Norwegian's board has elected to promoted CFO Geir Karlsen to the top job as the LCC emerges from restructuring.
Jun 18, 2021
Breeze Airways defended its practice of recruiting college-age flight attendants through a tuition-reimbursement program with Utah Valley University (UVU), responding to complaints that the program amounts to discrimination against older and diverse candidates.
Jun 18, 2021
Initial route maps rolled out by new entrants Breeze Airways and Avelo Airlines points to an intersection of two trends—pre-downturn medium-hub…
Jun 18, 2021
International Airlines Group (IAG) and Virgin Atlantic have put their support behind legal action that is challenging the lack of transparency around how the UK government classifies countries under its traffic light framework.
Jun 18, 2021
A potential new owner has reportedly emerged for South Korea’s Eastar Jet, boosting the prospect of the grounded LCC eventually returning to operations.
Jun 18, 2021
Italy’s government has appointed former Fiat executive Alfredo Altavilla to be the new executive chairman of Italia Trasporto Aereo (ITA), the yet-to-be-launched successor to Alitalia.