Airlines & Lessors
Nov 14, 2016
Shanghai-based Spring Airlines posted a third-quarter net profit of CNY429.5 million ($64.4 million), down 26.3% over a net income of CNY582.8 million in the year-ago quarter.
Nov 14, 2016
Thailand low-cost carrier (LCC) Nok Air reported a consolidated third-quarter net loss of THB1.1 billion ($30.2 million), deepened from a loss of THB652.6 million in the same period last year.
Nov 12, 2016
Saudi Arabian Airlines Group has appointed former SunExpress CEO Jaan Albrecht as the CEO of mainline carrier Saudia, the Group confirmed to ATW.
Nov 11, 2016
Santiago, Chile-based LATAM Airlines Group posted a $4.7 million net profit for the 2016 third quarter, reversed from a $113.3 million net loss in 3Q 2015.
Mar 05, 2021
Recent commentary from U.S. airline executives suggests a travel demand rebound in spring 2021, as COVID-19 case counts, deaths and vaccinations continue to trend in a positive direction.
Mar 05, 2021
Lufthansa Cargo (LHC) said that it is prepared for the next downturn in the air cargo business when it happens after the company presented the best results in its 26-year history following an unprecedented year.
Mar 05, 2021
Palermo, the capital of the Italian island of Sicily, is to become the 42nd base in Hungarian ULCC Wizz Air’s network.
Mar 05, 2021
Philippine carrier Cebu Pacific has signed a PHP16 billion ($329 million) 10-year loan facility with six domestic banks, just weeks after raising PHP12.5 billion through a rights issue that was finalized in February.
Mar 04, 2021
Delta Air Lines said it will budget more than $30 million to offset 13 million metric tons of carbon dioxide (CO2) emitted in the last 10 months of 2020.
Mar 04, 2021
Despite some near-term uncertainty created by a second wave of COVID-19 infections in Brazil, Azul is maintaining a positive outlook, particularly as vaccinations become more widespread in the country.
Mar 04, 2021
The government of the African nation of Cabo Verde has made the first move to allow the national airline to access new funding sources.
Mar 04, 2021
The COVID-19 crisis hit Etihad Airways just as the Abu Dhabi-based carrier was starting to see the fruits of a transformation program that began in 2017.