Airlines & Lessors
Dec 01, 2016
For commercial airlines and airline groups worldwide, year-to-date 2016 passenger traffic, RPKs, load factors, and FTKs, as of Dec.1, 2016.
Dec 01, 2016
Denmark-based charter airline Jet Time has discontinued its cargo and ACMI business units for SAS Scandinavian Airlines in an effort to save the carrier.
Dec 01, 2016
Turkish Airlines has taken eight Airbus A330-200s out of service as part of a sublease plan to cut costs following a net loss of $463 million in the first nine months of 2016, reversed from a net profit of $877 in the year-ago period.
Dec 01, 2016
Russia’s State Transport Leasing Co. (STLC) has placed an order for five Let L-410 aircraft with Russia’s Ural Works of Civil Aviation (UWCA), in a deal valued at RUB2 billion ($30.7 million) at list prices.
Nov 30, 2016
US industry trade organization Airlines for America (A4A) president and CEO Nicholas Calio praised the nomination of Elaine Chao to be Secretary of the US Department of Transportation (DOT) for the incoming Trump administration.
Mar 18, 2021
Aeroflot Group has confirmed that a planned regional hub in Krasnoyarsk, located in the Siberia region of Russia, will open in June.
Mar 18, 2021
Qatar Airways Cargo wants to speed up the digitalization of air cargo in 2021, saying that the industry has taken too long to improve its way of doing business.
Mar 18, 2021
The board of China Airlines has promoted senior VP Kao Shing-Hwang to president, replacing Hsieh Su-Chien who has been double-hatting as chairman and president since April 2019.
Mar 18, 2021
AirAsia Group has raised MYR336.5 million ($82 million) following the completion of a two-tiered private share placement, part of a broader plan to raise MYR2-2.5 billion to save the struggling LCC operator which has been battered by the pandemic.
Mar 17, 2021
Sun Country Airlines raised $218 million from its initial public offering (IPO) on the Nasdaq, as investors bet on a rebound in leisure travel demand.
Mar 17, 2021
The European Commission (EC) has approved a state loan to another European flag-carrier as a result of the coronavirus pandemic wreaking havoc on airline finances.
Mar 17, 2021
A year after the coronavirus pandemic forced airlines to shut down much of their operations, governments have pumped $215 billion in financial support into the sector, according to IATA.
Mar 17, 2021
UK lessor Falko Regional Aircraft is to participate in the development of Electric Aviation Group’s (EAG) hybrid-powered regional airliner.