Airlines & Lessors
Nov 18, 2016
In 2011, the highest equity value of any airline in the world was the forming LATAM at $12 billion. Now it is Delta at $35 billion.
Nov 18, 2016
Shanghai-based Juneyao Airlines reported a third-quarter net profit of CNY554.3 million ($83.1 million), up 22% compared to a net income of CNY454.5 million in the year-ago quarter.
Nov 18, 2016
Russian heavy cargo specialist Volga-Dnepr Group has confirmed its Ruslan International Antonov An-124-100 joint venture with Ukraine’s Antonov Airlines will end Dec. 31, 2016.
Nov 18, 2016
Malaysia Airlines has confirmed plans to reconfigure and reassign its six Airbus A380s to a new carrier unit dedicated to transporting Hajj pilgrimage passengers.
Nov 18, 2016
Asia-Pacific airlines will benefit from some of world’s largest and fastest-growing markets but also will face considerable challenges meeting demand with many low-cost carriers likely to struggle if oil prices rise.
Mar 11, 2021
Alitalia unions called for pay guarantees after a March 10 meeting with new commissioners appointed by Italy’s government to help map out the airline’s next steps.
Mar 10, 2021
United Airlines CEO Scott Kirby believes the European market should be one of the strongest performers once the coronavirus pandemic is over.
Mar 10, 2021
Southwest Airlines CEO Gary Kelly believes the airline is moving beyond the worst of the COVID-19 pandemic as widespread vaccinations could help move the needle on demand later in 2021.
Mar 10, 2021
The Royal Schiphol Group, whose major asset is Amsterdam Schiphol Airport, does not anticipate passenger volumes returning to 2019 levels before the middle of this decade, the airport said in its annual report.
Mar 10, 2021
Icelandair is discontinuing the domestic Air Iceland Connect brand and integrating the two carriers’ networks.
Mar 10, 2021
Eurowings’ CEO says the LCC is targeting additional bases throughout Europe when demand recovers.
Mar 10, 2021
Cathay Pacific is engaged in talks with the Hong Kong government to remove onerous crew quarantine requirements that have severely disrupted the carrier’s operations.
Mar 10, 2021
The Jetstar LCC group is moving aircraft from its units in Japan and Singapore to Australia in order to adjust to varying recovery rates in its markets.