Airlines & Lessors
Aug 01, 2016
Kuwaiti hybrid carrier Jazeera Airways reported a half-year net profit of KD6 million ($19.9 million), down 3.6% year-over-year (YOY) because of overcapacity in the local marketplace.
Aug 01, 2016
Shanghai-based Juneyao Airlines is expected to join Star Alliance’s Connecting Partner Model (CPM) program in an effort to facilitate its rapid international expansion, according to an industry insider.
Aug 01, 2016
While Virgin Australia remains a popular investment option for overseas airlines, the carrier is set to report a significant net loss due to restructuring costs.
Aug 01, 2016
US-based United Parcel Service (UPS) posted a $1.27 billion net profit for the second quarter of 2016, up 3.2% from net income of $1.23 billion in the same quarter in 2015.
Aug 01, 2016
Air Canada reported C$186 million ($143 million) in net profit for the second quarter of 2016, down 37.2% from the airline’s C$296 million net result in 2Q 2015.
Dec 22, 2020
Uganda Airlines has taken delivery of its first Rolls-Royce Trent 7000-powered Airbus A330-800neo.
Dec 22, 2020
EasyJet says it has agreed with Airbus to defer aircraft deliveries from its 2022-24 financial years.
Dec 22, 2020
Alaska Airlines reached an agreement in principle with Boeing to take as many as 120 new 737-9 jets in coming years, marking the first sale of a MAX aircraft to a U.S.-based customer since the type was grounded nearly two years ago.
Dec 22, 2020
AirAsia X’s attempt to slash its debt and liabilities has struck more complications, with Airbus the latest to challenge the carrier’s drastic…
Dec 21, 2020
Just weeks after launching service with four Embraer 195 jets converted to freighters, Brazilian operator Azul is considering more conversions to decrease delivery times.
Dec 21, 2020
The FAA’s recent shift towards working with certificate holders to resolve certain regulatory violations and its handling of safety complaints from employees are facing renewed scrutiny and some legislative changes following a Senate Commerce, Science & Transportation Committee report on safety oversight.
Dec 21, 2020
U.S. lawmakers are set to pass a $900 billion coronavirus relief package that includes $15 billion in airline payroll support spread out over four months.
Dec 21, 2020
A fleet of 11 former Flybe De Havilland Canada Dash 8-400s are due for transatlantic journeys to their new homes in North America.