Airlines & Lessors
Dec 21, 2016
Chorus Aviation, the parent company of Canadian regional carrier Jazz Aviation, will establish an aircraft leasing subsidiary, Chorus Aviation Capital.
Dec 20, 2016
Anticipated higher costs and a sluggish global economy lead IATA forecasters to believe 2017's net profit will be almost $6 billion lower than 2016's.
Dec 20, 2016
Fast-expanding low-cost carrier (LCC) Norwegian is examining the possibility of setting up operations in Argentina.
Dec 20, 2016
Nigerian carrier Arik Air has resumed operations after a Dec. 20 meeting called by the Nigeria Civil Aviation Authority (NCAA) addressed concerns between the airline and protesting aviation unions.
Dec 20, 2016
Hong Kong Airlines plans to accelerate its intercontinental expansion with the scheduled delivery of its first Airbus A350 in August 2017.
Mar 31, 2021
Although Korean Air expects significant synergy savings from its merger with Asiana Airlines, there will be no large-scale redundancies or near-term fleet cuts resulting from the integration.
Mar 31, 2021
Two contradictory plans have been announced by the UK government that mean international travel from England would be simultaneously permitted and illegal for a full six weeks.
Mar 31, 2021
Bamboo Airways’ European expansion ambitions have taken a step forward after the Vietnamese carrier was granted takeoff and landing slots at London Heathrow (LHR) to operate six flights per week from May.
Mar 31, 2021
Canadian ULCC Flair Airlines is expanding its network to include Montréal (YUL) from July as part of an ongoing strategy to stimulate domestic traffic.
Mar 31, 2021
Hydrogen propulsion pioneer ZeroAvia has secured an investment from British Airways (BA) and kicked off development of a fuel-cell power train for 50-seat-plus regional aircraft.
Mar 31, 2021
Air France is considering closing its bases at Marseille (MRS), Nice (NCE) and Toulouse (TLS) as it restructures its domestic network.
Mar 31, 2021
Air China and China Eastern Airlines both remained in the red for all four quarters of 2020, racking up annual net losses of CNY14.4 billion (£2.2 billion) and CNY11.8 billion respectively.
Mar 31, 2021
Despite recording a pandemic-driven CNY10.8 billion ($1.65 billion) net loss for 2020, China Southern Airlines is optimistic on the prospects for the aviation market in the longer term.