Airlines & Lessors
Jul 19, 2016
Delta Air Lines executives said they are not concerned by the money-losing first-half 2016 performance of the company’s Trainer, Pennsylvania oil refinery, noting that the facility is part of Delta’s overall fuel strategy and is not judged solely by profitability.
Jul 19, 2016
Hainan Airlines is expected to raise its stake in Shanghai-based Yangtze River Airlines from 0.37% to 11.6% with an investment of CNY915.2 million ($136.8 million) to enhance its position in Shanghai and the East China market.
Jul 18, 2016
Plans for Qatar Airways to set up a subsidiary to contest the liberalizing Saudi Arabian domestic airline market have been suspended, or even abandoned, ATW understands.
Jul 18, 2016
UK long-haul, low-cost startup People Over Profit (POP) has delayed its launch from the fourth quarter of 2016 to the first half of 2017, partly because of slower-than-expected progress on its funding drive.
Jul 18, 2016
Malaysia-based low-cost carrier (LCC) AirAsia has confirmed that a significant proportion of its latest major Airbus narrowbody aircraft order will be allocated to its leasing subsidiary.
Dec 09, 2020
Virgin Australia has cut its Boeing 737 MAX orders by about half but remains focused on narrowbody operations, signaling that a return to widebody flying is still on the agenda but remains a long-term prospect.
Dec 08, 2020
American Airlines announced plans to offer pre-flight COVID-19 tests to domestic travelers, in a bid to help customers avoid mandatory quarantines in more than a dozen states and territories.
Dec 08, 2020
United Airlines accepted delivery of its 15th 737-9 aircraft Dec. 8—the first 737 MAX-family aircraft delivered since the model was approved to return to service following a 20-month grounding.
Dec 08, 2020
Mexico’s ULCCs continue to benefit from the retrenchment of their competitors, taking advantage of U.S. transborder opportunities from the country’s largest airport in Mexico City.
Dec 08, 2020
Etihad Airways has taken what it describes as the first step on its journey to reduce CO2 emissions to 50% of 2019 levels by 2035 by committing to purchasing carbon offsets to neutralize the emissions of its flagship “Greenliner” Boeing 787-10 throughout 2021.
Dec 08, 2020
Turkish LCC Pegasus Airlines plans to issue debt instruments of up to TRY2.5 billion ($319 million) to raise additional funding.
Dec 08, 2020
A new study by a group of travel experts set out to determine what percentage of business travel may be permanently lost in the post-COVID-19 era
Dec 08, 2020
Seattle is being added to Qatar Airways’ network during the first quarter of 2021, becoming the 11th destination in the U.S. to be served by the Gulf carrier.