Airlines & Lessors
Aug 23, 2016
South African carrier Comair has told its shareholders that it has ended talks to acquire an undisclosed company.
Aug 23, 2016
According to Liu Zhiren, general manager of the Hunan Airport Management Group, the new carrier will be named Zhongnan Airlines and will begin with registered capital of 1 billion yuan ($151 million).
Aug 23, 2016
Russia’s second-biggest airline group, S7 Airlines, reported its traffic increased 29.5% year-on-year (YOY) in July, while Aeroflot Group’s July traffic was up 5.4% YOY.
Aug 23, 2016
Germany-based leisure carrier Condor has been hit by shrinking demand, especially on flights to holiday destinations, related to recent terrorist attacks in Europe.
Aug 22, 2016
Delta Air Lines will consolidate its London Heathrow Airport operations in Terminal 3 as of Sept. 14, the Atlanta-based airline announced Aug. 22.
Jan 13, 2021
Vietjet Air has secured VND650 billion ($28 million) in its latest bond issue, which was launched in December 2020.
Jan 13, 2021
Northwestern Cargo International Airlines (NWCIA) has become the latest Chinese municipal cargo airline startup to begin commercial operations.
Jan 12, 2021
Private equity funders on Jan. 12 unveiled San Francisco-based Vmo Aircraft Leasing, a newly-formed company to acquire and lease commercial aircraft worldwide, along with a $500 million endowment.
Jan 12, 2021
IATA has joined other industry organizations in raising concerns over new travel restrictions issued by Latin American governments as new variants of the coronavirus emerge and continue to spread.
Jan 12, 2021
Airbus subsidiary Skytra has secured UK finance regulator approval for a data tool which will allow airlines to hedge revenue for the first time, in the same way they do for fuel and currency.
Jan 12, 2021
Nigerian carrier Air Peace will receive three initial Embraer E195-E2s in 2021, introducing the type to the African continent.
Jan 12, 2021
IATA believes the situation for airlines will become worse before it becomes better, as international travel restrictions persist and vaccine roll-out is only just beginning.
Jan 12, 2021
Despite the onset of the COVID-19 pandemic, China ended 2020 with 420 million passenger movements, making it the world’s second-largest aviation market for the fifteenth consecutive year.