Airlines & Lessors
Aug 19, 2016
Turkish low-cost carrier (LCC) Pegasus Airlines recorded a sharp deterioration in its half-yearly financial figures, with the airline making a net loss of TL202.9 million ($70 million) widened from a deficit of TL42.2 million for the same period last year.
Aug 18, 2016
Oscar Munoz is not afraid of bringing ULCC attributes into United’s business.
Aug 18, 2016
Former Allegiant Air president Andrew Levy has been named United Airlines CFO, filling a position that had been handled on an acting basis for more than a year.
Aug 18, 2016
El Al Israel Airlines reported a net profit of $35 million for the 2016 second quarter, doubling the airline’s $17.3 million net income in 2Q 2015.
Jan 11, 2021
Scandinavian Airlines (SAS) president and CEO Rickard Gustafson plans to leave the company, the carrier announced late Jan. 11, local time.
Jan 11, 2021
Aircraft lessor Avolon and Dubai Aerospace Enterprise’s leading division DAE Capital both recorded an increased number of lease transactions for 2020.
Jan 11, 2021
Royal Brunei has named airline veteran Khalidkhan bin Hj Asmakhan as its new CEO, replacing former airline head Karam Chand.
Jan 11, 2021
Air cargo volumes improved toward the end of 2020, but the sector is still facing a shortage of capacity with many long-haul passenger flights remaining grounded, removing belly capacity from the market.
Jan 11, 2021
Dubai-based Emirates is resuming Dallas, Seattle and San Francisco flights and adding extra frequencies to its existing Los Angeles, New York and São Paulo services.
Jan 11, 2021
Jordan Aviation has filed an application with the U.S. Transportation Department (DOT) to begin flights between Jordan and the U.S.
Jan 11, 2021
The national carriers of Qatar and Saudi Arabia are adding back scheduled routes between the countries, less than a week after a deal was reached to end a diplomatic dispute spanning more than three years.
Jan 11, 2021
China e-commerce giant Jingdong, better known as "JD.com," has taken the first step in setting up its own in-house air freight carrier to support its huge online shopping business.