Airlines & Lessors
Jul 25, 2016
The UK’s forthcoming exit from the European Union (EU), or Brexit, is one of the major business risks facing Irish low-cost carrier (LCC) Ryanair in the near future, CFO Neil Sorahan said in London July 25.
Jul 25, 2016
Irish low-cost carrier (LCC) Ryanair reported 1Q 2016 net profit of €256 million ($281 million), up 4% compared to €245 million year-over-year (YOY).
Jul 22, 2016
Southwest Airlines canceled at least 300 additional flights Friday, July 22, as the airline continued to deal with lingering disruptions following its systemwide technology breakdown Wednesday, July 20.
Jul 22, 2016
African low-cost carrier (LCC) fastjet has raised a new tranche of capital through a share placement.
Dec 15, 2020
December is shaping up to be the weakest air travel month in the U.S. since August, as rising COVID-19 case counts and new government restrictions threaten to undo the modest demand improvement seen during the 2020 third quarter.
Dec 15, 2020
IATA has renewed its call for governments to ensure that aviation-sector employees are counted among the essential workers who will receive COVID-19 vaccines early.
Dec 15, 2020
Los Angeles has been earmarked by Starlux Airlines as the Taiwanese carrier’s first U.S. destination as it builds on plans to grow its international network.
Dec 15, 2020
Qantas subsidiary Jetstar is planning to increase domestic flying during the first quarter of 2021 amid strong travel demand in Australia and the reopening of state borders.
Dec 14, 2020
TAP Air Portugal plans to reduce its fleet to 88 aircraft and cut 2,000 positions under a restructuring proposal, which has been submitted to the European Commission (EC) for approval.
Dec 14, 2020
The European Commission (EC) has approved state aid totaling more than €135 million ($164 million) to French leisure carrier Corsair.
Dec 14, 2020
United Airlines’ declaration that it aims to achieve carbon neutrality by 2050 goes beyond the obvious goal of emissions reduction.
Dec 14, 2020
British Airways (BA) has formed a partnership with hydrogen-electric flight specialist ZeroAvia, aimed at accelerating the technology for commercial aviation.