Airlines & Lessors
Nov 08, 2016
South Korean carrier Asiana Airlines posted a third-quarter net profit of KRW152.6 billion ($133.1 million), reversing a loss of KRW62.2 billion in the same period last year.
Nov 07, 2016
Montreal-based Air Canada reported a third-quarter 2016 net profit of C$768 million ($586.6 million), up 75.7% over net income of C$437 million in the 2015 September quarter, as the carrier continues to aggressively grow.
Nov 07, 2016
Global air passenger traffic increased 7% year-over-year (YOY) in September—its strongest monthly rise since February—according to IATA’s September Air Passenger Market Analysis.
Nov 07, 2016
The unveiling of Kuwait Airways’ new livery on a Boeing 777 in October was just the physical manifestation of a major change in the Arab carrier’s future course, CCO Philip Saunders said Nov. 7 on the sidelines of the World Travel Market exhibition in London.
Nov 07, 2016
Canadian scheduled air freight carrier Cargojet reported a C$4.8 million ($3.7 million) net loss for the 2016 third quarter, widened from the company’s C$2.2 million net loss in 3Q 2015.
Mar 02, 2021
Italy’s plans to relaunch Alitalia have been pared back following a March 1 meeting headed by the country’s newly appointed Prime Minister Mario Draghi, Italian newspaper La Repubblica reported.
Mar 02, 2021
Thai Airways has submitted a restructuring plan that will see the airline emerge from administration with a significantly reduced operation.
Mar 02, 2021
Air Canada has announced a shake-up of its regional services by making Jazz Aviation the sole operator of Air Canada Express flights.
Mar 01, 2021
Delta Air Lines said it plans to return all pilots to active status by October, signaling a faster-than-expected timeline for demand recovery.
Mar 01, 2021
LATAM Airlines Group plans to bolster its cargo operations during the next three years with the planned conversion of up to eight Boeing 767-300ERs.
Mar 01, 2021
After nearly a year of being idled, Canadian operator Porter Airlines has been forced to push back its re-launch date because of continued travel restrictions.
Mar 01, 2021
United Airlines raised its existing Boeing 737 MAX order by 25 jets, while pulling forward dozens of aircraft deliveries scheduled over the next few years.
Mar 01, 2021
Indian carrier IndiGo has signed a sale and leaseback agreement on eight Airbus A320neos with BOC Aviation, marking its second aircraft refinancing deal in quick succession.