Airlines & Lessors
Nov 23, 2016
Taipei-based TransAsia Airways has announced it is shutting down, citing heavy operating losses following two major crashes in 2014 and 2015.
Nov 23, 2016
Fiji Airways has committed to ordering five Boeing 737 MAX 8 aircraft to replace its narrowbody fleet of four 737-800s and one 737-700.
Nov 22, 2016
Southwest Airlines’ appearance technicians have ratified a four-year tentative agreement with the Dallas-based airline.
Nov 22, 2016
LCCs have transformed the domestic Mexican market in recent years, and LCCs have a strong foothold in the Brazilian market, but the model has not yet caught on in the rest of Latin America.
Nov 22, 2016
Scandinavian Airlines (SAS) is exploring the possibility of creating a new subsidiary that would tap into the growing European leisure sector.
Mar 12, 2021
Vietnam’s Bamboo Airways reported a pre-tax profit of VND400 billion ($17 million) for 2020 despite the air transport industry being thrown into crisis.
Mar 12, 2021
Russia’s Aeroflot has resumed the evolution of its widebody fleet after a one-year pause.
Mar 12, 2021
The first private passenger airline in Uzbekistan, Qanot Sharq, plans to start commercial operations this spring.
Mar 12, 2021
Rossiya Airlines plans to hire 400 pilots in 2021 and another 200 in 2022 to support the expansion of its fleet with Russian-made regional aircraft.
Mar 11, 2021
Lessor BOC Aviation says it is in good shape for the coming financial year, in another sign of the strengthened position of the leasing industry amid the coronavirus pandemic.
Mar 11, 2021
African airlines are expected to take a $6-13 billion revenue hit in 2020, while encumbered with heavy debts and high operating costs, triggering an appeal for $35 billion in financial support.
Mar 11, 2021
IATA is warning that Latin America is at risk for a delayed recovery from the coronavirus crisis as large portions of the region maintain quarantines and other travel restrictions.
Mar 11, 2021
U.S. federal lawmakers are sending airlines another $14 billion to prop up payrolls until Sept. 30, which they hope will see the industry through to recovery.