Airlines & Lessors
Sep 02, 2016
Lufthansa became the first European airline to participate in the US Transportation Security Administration (TSA) Pre-Check program Aug. 31.
Sep 01, 2016
Irish low-cost carrier (LCC) Ryanair has downgraded its UK growth plan to just 6% in 2017-18, down from 15% in 2016-17, because of uncertainty triggered by the UK’s vote to leave the European Union (Brexit).
Sep 01, 2016
Malaysia-based AirAsia aims to set up a Chinese subsidiary with a local partner, Kathleen Tan, newly appointed president for North Asia, said—just six weeks after the group said it was not pursing airline joint ventures.
Sep 01, 2016
Russia’s UTair Airline reported 1H 2016 net loss of RUB684.9 million ($10.7 million), narrowed from the carrier’s RUB1.77 billion loss in 1H 2015.
Sep 01, 2016
Oneworld has named Emirates Airline executive Rob Gurney to replace Bruce Ashby as CEO of the global airline alliance.
Jan 21, 2021
Norway’s government will provide a hybrid loan to Norwegian Air Shuttle providing private investors also back the LCC’s restructuring.
Jan 20, 2021
By the end of 2021, Spirit Airlines looks to surpass its 2019 size as a steady stream of expected aircraft deliveries will expand the ULCC’s fleet.
Jan 20, 2021
Aircastle is seeing demand for some of its older-generation models but expects several of the 16 aircraft it had off-lease as of Nov. 30, 2020 to be sold for part-out, its top executive said.
Jan 20, 2021
The future of a West Atlantic Boeing 737-400SF freighter is uncertain after it sustained apparently significant damage during a reported hard landing in the UK.
Jan 20, 2021
U.S. commercial air fares plunged to their lowest recorded levels in at least two decades during the 2020 third quarter (Q3), new data from the Bureau of Transportation Statistics (BTS) shows.
Jan 20, 2021
Two Southeast Asian flag-carriers are moving closer to completing major restructuring efforts that will help them reduce debt commitments and operate efficiently once demand returns.
Jan 20, 2021
U.S. lessor BBAM has placed a firm order for six more Boeing 737-800 Converted Freighters (737-800BCFs), with options on a further six, increasing its commitment to 15 of the type.
Jan 20, 2021
International Airlines Group (IAG) has negotiated a lower price for Air Europa as it presses ahead with the strategic acquisition of the Spanish carrier despite the COVID-19 crisis.