Airlines & Lessors
Nov 01, 2016
Canadian low-cost carrier (LCC) WestJet reported a third-quarter net profit of C$116 million ($88.6 million), a 13.9% increase compared to a C$101.8 million net income in 3Q 2015.
Nov 01, 2016
Jazeera Airways has reported a third-quarter net profit of KD6 million ($19.8 million), down 27% on the year-ago period, as continued low oil prices and fare cuts by competitors took their toll.
Nov 01, 2016
SaudiGulf Airlines has launched operations, triggering the next stage in the liberalization of Saudi Arabia’s domestic flight market.
Nov 01, 2016
Icelandair Group reported a third-quarter net income of $102.8 million, down 0.4% from a $103.1 million profit in the year-ago period.
Nov 01, 2016
Garuda Indonesia reported a third-quarter net profit of $19.6 million, down 11.6% compared to the year-ago period, but a marked improvement on the $63.2 million loss in the first half of 2016.
Feb 24, 2021
IATA is concerned that its December 2020 forecast for traffic recovery may have been too optimistic and the airline industry will burn a lot more cash for longer than anticipated.
Feb 24, 2021
Kuwaiti LCC Jazeera Airways foresees significant demand for air transport starting to return from midway through 2021 and intends to continue with plans to revitalize its fleet.
Feb 24, 2021
Garuda Indonesia subsidiary Citilink is reportedly looking to add five ATR 72-600 turboprops to its fleet to increase its foothold in the domestic market, a booming sector especially while borders are closed.
Feb 24, 2021
The European Commission has launched a new partnership focusing on electric, hybrid and disruptive technologies which will build on Clean Sky 2 and contribute to a new breed of regional, short- and medium-haul aircraft that will fly by 2035.
Feb 23, 2021
One year into the COVID-19 pandemic, U.S. flight attendants remain trapped in a vicious cycle: furlough, recall, repeat.
Feb 23, 2021
Airlines are increasingly leaning on process automation to overcome the erratic demands of the COVID-19 crisis, making systems reliability even more essential, according to aviation information technology (IT) specialist SITA.
Feb 23, 2021
Indian carrier IndiGo has signed a sale and leaseback agreement with Dubai Aerospace Enterprise (DAE), covering seven Airbus A321neos.
Feb 23, 2021
Norwegian Air Shuttle is closer to reaching a restructuring agreement to secure its survival.