Airlines & Lessors
Feb 24, 2017
Los Angeles-based commercial aircraft lessor Air Lease Corp. (ALC) posted a 2016 net profit of $374.9 million, up 48% from $253.4 million net income in 2015.
Feb 23, 2017
Mexican low-cost carrier (LCC) Grupo Viva Aerobus posted a 2016 net profit of MXP765.8 million ($37 million), a 69.2% increase over the company’s MXP452.7 million 2015 net income.
Feb 23, 2017
Atlas Air Worldwide Holdings earned a 2016 net profit of $41.5 million, a nearly six-times increase over net income of $7.3 million in 2015, though the 2015 results are skewed by one-time charges related to settling class-action litigation.
Feb 23, 2017
Qantas reported a consolidated net profit of A$515 million ($372.1 million) for the first half of its FY2017 (July-December 2016), down 25.1% from A$688 million in the first half of FY2016.
Feb 23, 2017
The AirAsia X (AAX) Group reported a significant decline in fourth-quarter profits, although this was not enough to prevent an impressive turnaround in its full-year 2016 results.
May 07, 2021
Although Air Canada’s major priority remains lobbying to reopen Canadian borders and restore passenger demand, the airline is taking its time to evaluate longer-term fleet composition, which could include adding the Airbus A321LR.
May 07, 2021
International Airlines Group (IAG) is confident that it can restore its operating margin over the next three years as it gets ready to cautiously ramp up flying.
May 07, 2021
Japan Airlines has revealed more detail on how it plans to prepare for the post-pandemic environment by strengthening its LCC portfolio while scaling back its widebody mainline fleet.
May 07, 2021
Flydubai has announced it is growing its network in Russia to 11 points.
May 07, 2021
Swiss International Airlines is confronting the greatest challenge in its corporate history as management concluded that a significant restructuring of its business is unavoidable.
May 07, 2021
Most Europeans are willing to travel by the end of August, demonstrating the “significant amount of pent-up demand which has accumulated following months of travel restrictions,” a new report has found.
May 06, 2021
Copa plans to return to a six-bank operating structure at its Panama City Tocumen hub in June to drive greater efficiency as it continues to face an uneven recovery from the coronavirus pandemic.
May 06, 2021
Recent start-up Avelo Airlines plans to use Connecticut’s Tweed New Haven Airport (HVN) as its first East Coast base and has committed $1.2 million toward an ambitious, $100 million capital-improvement plan unveiled by the airport and its manager, Avports.