Airlines & Lessors
Jan 10, 2017
Italian national carrier Alitalia has been asked to present the Italian government with a detailed business plan agreed with creditors, banks and shareholders within the next few weeks as it again faces significant financial losses.
Jan 10, 2017
Air France-KLM has sold 100% of its London Heathrow ground handling subsidiary, Cobalt Ground Solutions, to French company Groupe CRIT.
Jan 10, 2017
UK carrier Virgin Atlantic has raised an additional £32 million ($39 million) and has extended its codeshare agreement with UK regional carrier Flybe.
Jan 09, 2017
Asian airlines’ international air cargo traffic for November increased 5.3% year-over-year (YOY) to 6.1 billion FTKs, a 1.3% rise in FTKs from October, according the Association of Asia-Pacific Airlines (AAPA).
Jan 09, 2017
Thirty-one Chinese carriers are expected to receive CNY987.6 million ($143 million) in subsidies for operating regional routes in 2017, according to the Civil Aviation Administration of China (CAAC).
Apr 12, 2021
Aegean Airlines is hoping for a meaningful recovery of air traffic in the second half of 2021 after disclosing a pre-tax net loss of €297 million ($354 million) for 2020.
Apr 12, 2021
France has moved closer to banning short-haul domestic flights on routes than can be covered by train in under 2.5 hrs. as part of efforts to lower carbon emissions.
Apr 12, 2021
Brisbane-based Alliance Airlines has inked a wet lease agreement with Qantas Airways to operate recently acquired Embraer E190 aircraft under the QantasLink brand.
Apr 12, 2021
LCC Norwegian is turning its attention to raising fresh capital by the end of May, after securing Oslo court approval for its restructuring plan.
Apr 09, 2021
Boeing recently scored its biggest sale since the COVID-19 pandemic swept across North America in March 2020, with Southwest Airlines’ commitment to purchase at least 100 additional 737-7s over the next decade.
Apr 09, 2021
LATAM Airlines Group is using its Chapter 11 bankruptcy reorganization to retire its Airbus A350 widebodies, which will streamline its twin-aisle fleet to all Boeing aircraft.
Apr 09, 2021
Swedish charter airline Novair—which is currently owned by travel company DER Touristik and Swedish travel agency Apollo—is to be indirectly acquired by Jettime owner and airBaltic shareholder Lars Thuesen.
Apr 09, 2021
Boston-based charter operator Waltzing Matilda Aviation (WMA) is planning to launch a new scheduled airline later this year targeting business traffic.