Airlines & Lessors
Dec 06, 2016
Italian flag carrier Alitalia is planning to release a new strategy this month and has named former LATAM Airlines executive Jorge Vilches as CCO after three board resignations.
Dec 05, 2016
United Airlines has agreed to pay $2.4 million to settle civil charges related to a money-losing flight it operated to “curry favor” with former Port Authority of New York and New Jersey (PANYNY) chairman David Samson, according to a statement from the US Securities and Exchange Commission (SEC).
Dec 05, 2016
Taiwan’s EVA Air posted a TWD2.5 billion ($79 million) net profit for the third quarter of 2016, up 1.9% year-over-year (YOY).
Dec 05, 2016
Irish regional airline CityJet has withdrawn from talks to acquire UK regional Stobart Air, formerly known as Aer Arann, saying the negotiations were taking too long.
Dec 05, 2016
Oneworld member airberlin, which announced the sale of 49.8% of its Austrian subsidiary FlyNiki to Abu Dhabi-based Etihad for €300 million ($320 million) Dec. 5, said the deal will deliver much-needed cash injection.
Mar 22, 2021
Star Alliance will set up a second headquarters in addition to its Frankfurt office, but this may be the first step towards giving up its German base.
Mar 22, 2021
Brookfield Asset Management will dive into the aerospace sector after hiring recently retired Air Canada president and CEO Calin Rovinescu as an advisor.
Mar 22, 2021
Warnings from officials about international travel and tightening coronavirus restrictions in several countries are threatening European airlines’ hopes for a much-needed summer recovery in air travel demand.
Mar 22, 2021
Air New Zealand plans to launch a year-round route between Auckland and Hobart when a two-way transtasman bubble is started.
Mar 22, 2021
Australian carrier Regional Express (Rex) has backtracked on its decision to cut five regional routes after the country’s government extended a support program.
Mar 22, 2021
China Airlines ceased Boeing 747-400 operations on March 20 following a farewell flight over Japan, retiring the type after 28 years of service.
Mar 19, 2021
British Airways (BA) may sell its Waterside headquarters building next to London Heathrow Airport (LHR) as it assesses flexible working options for its office workers.
Mar 19, 2021
The government plans to purchase $210 million worth of advance tickets for security personnel at airports to which El Al and Sun d’or will fly to over the next 20 years.