Airlines & Lessors
Feb 01, 2017
Las Vegas-based Allegiant Travel Co., parent of ultra-low-cost carrier Allegiant Air, reported a $219.5 million net profit for 2016, down 0.4% from $220.4 million in 2015.
Feb 01, 2017
Chicago-based United Airlines and Colombia’s Avianca Holdings are engaged in negotiations to “deepen the companies’ commercial and strategic relations,” United said in a statement.
Feb 01, 2017
Dubai-based low-cost carrier (LCC) flydubai posted a 2016 net income of AED31.6 million ($8.6 million) for 2016, down 69% from net income of AED100.7 million in 2015.
Feb 01, 2017
Etihad and Lufthansa signed a multi-faceted commercial partnership agreement Wednesday that will see the two companies cooperate via codeshares and across catering and MRO services.
Jan 31, 2017
United Parcel Service (UPS) reported a 2016 net profit of $3.4 billion, down 29.2% from net income of $4.8 billion in 2015, on a 4.4% year-over-year rise in revenue to $60.9 billion.
Apr 26, 2021
The European Commission has allowed the transfer of €462 million ($560 million) in COVID-19 pandemic damages from the Portuguese state to TAP Air Portugal but the airline is still waiting on EC approval for its turnaround plan.
Apr 26, 2021
The air travel bubble (ATB) connecting Singapore (SIN) and Hong Kong (HKG) will finally open on May 26, nearly six months after the initial launch was postponed after cases surged in the Chinese special administrative region.
Apr 23, 2021
Mexican ULCC Volaris believes domestic demand could recover this year and its capacity should continue to rise through 2021 as eight leased A320neos join its fleet.
Apr 23, 2021
Airlines flying into Germany are facing another deepening of the novel coronavirus crisis as the government is set to introduce nightly curfews starting April 24.
Apr 23, 2021
Delta Air Lines has agreed to purchase 25 additional Airbus A321neos, with options for 25 more, as carriers resume planning for long-term growth and the severity of the COVID-19 pandemic ebbs across the U.S.
Apr 23, 2021
Dutch carrier KLM plans to equip 39 short-haul aircraft with Viasat Wi-Fi connectivity, while Norwegian regional airline Widerøe is beginning a six-month trial
Apr 23, 2021
The Portuguese flag-carrier said it hopes to reach 60-70% of the equivalent 2019 capacity by the end of 2021, providing its restructuring plan is approved.
Apr 23, 2021
South African Airways' (SAA) low-cost subsidiary Mango is preparing to halt operations on May 1 after learning critical funding has been delayed to June.