Airlines & Lessors
Jul 28, 2016
UK-based regional airline Flybe has warned it will take a £2.5 million ($3.3 million) full-year profit hit because of currency fluctuations following the UK’s decision to exit (Brexit) the European Union (EU).
Jul 28, 2016
Icelandair has reported a 2016 second-quarter net income of $26.2 million, up 17% from a $22.4 million profit in the year-ago period; however, the airline has downgraded its outlook because of market uncertainty triggered by Brexit and recent terrorist attacks.
Jul 28, 2016
Kazakhstan-based Air Astana is conducting a network and fleet study that may result in the airline taking Embraer E2s and creating a joint-venture airline in the region.
Jul 28, 2016
Malaysia Airlines is moving forward with a 12-point turnaround plan, which is proceeding faster than expected, Malaysia Airlines CEO Peter Bellew told ATW.
Jul 27, 2016
Full-year traffic results for 112 airlines and airline groups. Source: ATW Research
Dec 18, 2020
JetBlue Airways will roll out a new seamless testing and verification procedure for customers traveling to Aruba in early 2021.
Dec 17, 2020
Portuguese ACMI specialist Hi Fly, the only airline to take a second-hand Airbus A380 into its inventory, has flown the aircraft for the last time…
Dec 17, 2020
Alaska Airlines launched a new COVID-19 testing program that allows passengers traveling to Hawaii from the U.S. west coast to bypass airport screening and avoid a mandatory quarantine upon arrival.
Dec 17, 2020
JetBlue Airways’ decision to launch service from Miami International airport caps off a raft of network changes the company has undertaken during the COVID-19 pandemic to respond to what it deems as “changing customer demand.”
Dec 17, 2020
Norwegian Air Shuttle shareholders have voted in favor of a series of restructuring measures including a rights issue at an extraordinary general meeting Dec. 17.
Dec 17, 2020
The future of the Malaysia Aviation Group (MAG), depends on whether the company can successfully settle negotiations with creditors and lessors on its debt restructuring plans.
Dec 17, 2020
British Airways (BA) is scaling back its long-haul route network during the northern 2021 summer season as part of efforts to cut costs and adjust to the lower level of travel demand.
Dec 17, 2020
Star Alliance member Air Canada and oneworld member Qatar Airways announced the start of a strategic cooperation agreement to expand their relationship.