Airlines & Lessors
Oct 25, 2016
JetBlue Airways saw softer yields and posted third-quarter net income essentially flat over the previous year as costs grew 3%.
Oct 25, 2016
Russia’s S7 Airlines has reported it carried 967,075 domestic passengers in September, up 30% year-over-year (YOY).
Oct 25, 2016
New York-based Jet Blue Airways has taken a minority stake in fast-growing, California-based jet charter company JetSuite.
Oct 25, 2016
YTO Cargo Airlines plans to expand its fleet to 50 aircraft by 2020 as China’s domestic express delivery market continues to experience rapid growth.
Oct 25, 2016
Korean Air achieved a net profit of KRW428 billion ($378 million) for the third quarter, reversing a loss of KRW510 billion in the year-ago period.
Feb 17, 2021
Air Canada’s acquisition of Transat has hit a patch of uncertainty after the European Commission (EC) pushed back approving the tie-up.
Feb 17, 2021
Groupe ADP, the operator of Charles de Gaulle (CDG) and Orly (ORY) airports, said pre-pandemic levels of traffic at its Paris airports are not expected to return until 2024-27.
Feb 17, 2021
Gulf Air and Etihad Airways have agreed to strengthen their operational links by signing a strategic commercial cooperation agreement (SCCA).
Feb 17, 2021
Asiana Airlines managed to achieve a net profit in the fourth quarter largely thanks to its cargo operation which narrowed its full-year loss amid the pandemic.
Feb 16, 2021
U.S. airlines carried approximately 60% fewer passengers in 2020 than in 2019, according to new data from the U.S. Transportation Department’s Bureau of Transportation Statistics (BTS).
Feb 16, 2021
In a sign of optimism over the future of the cargo market, Ireland-based ASL Aviation Holdings (ASL) confirmed Feb. 16 that it is taking up 10 options for the 737-800 Boeing Converted Freighter (BCF).
Feb 16, 2021
Southwest Airlines lowered its cash burn estimate for the 2021 first quarter (Q1) after observing stronger than expected revenue and booking trends in February.
Feb 16, 2021
Portuguese finance minister João Leão has acknowledged that TAP Air Portugal could need further financial support in 2021, beyond the €500 million ($606.5 million) in state funding already provisioned.