Airlines & Lessors
Jul 07, 2016
Global air passenger traffic grew 4.6% year-over-year in May, unchanged from April and signaling a slowdown in growth, according to IATA’s latest Air Passenger Market Analysis.
Jul 07, 2016
China’s HNA Group, parent of Hainan Airlines, has acquired 61.7% of Swiss airline catering and logistics services company Gategroup—and 63.6% of the voting rights and shares as of July 1—which is sufficient for its takeover bid.
Jul 07, 2016
Airlines in China and Taiwan have either canceled or delayed flights over the next few days as the region braces for Typhoon Nepartak, which is expected to make landfall on Taiwan’s east coast early Friday, then hit China Saturday.
Jul 06, 2016
Airbus had its biggest delivery month so far this year with 64 commercial aircraft handed over in June to 33 airlines and nine lessors.
Jul 06, 2016
Global air freight market demand slowed to 0.9% in May year-over-year (YOY) while global air freight capacity increased 4.9% YOY, the slowest pace since March 2015, according to IATA’s Air Freight Market Analysis.
Dec 03, 2020
Somon Air hopes to tie up a deal to add the Boeing 737 MAX to its fleet before the end of 2020, which would allow the Dushanbe, Tajikistan-based carrier to expand its network further east and west.
Dec 03, 2020
Kazakhstan’s Air Astana is reshaping its international network in response to strong demand for point-to-point leisure destinations, according to CEO Peter Foster.
Dec 03, 2020
Europe’s largest LCC Ryanair placed a follow-on order for 75 Boeing 737-8200s on Dec. 3, in what is the first major commitment for the MAX since the outbreak of the COVID-19 pandemic and the U.S. FAA’s decision to unground the aircraft.
Dec 03, 2020
Qantas is continuing to see a rapid rebound in its domestic network as more state borders open; the airline expects this will help prompt the beginnings of a financial recovery.
Dec 03, 2020
The national airlines of Israel and Bahrain have followed up the signing of a peace treaty between their respective nations with an MOU on future cooperation between the two carriers.
Dec 03, 2020
Scandinavian Airlines (SAS) has initiated the process of phasing out 21 of the older, less fuel-efficient aircraft in its fleet earlier than planned as a result of the COVID-19 pandemic.
Dec 02, 2020
Large U.S. airports could exhaust the federal aid they received in 2020 unless passenger volumes significantly improve in 2021, a new report from Moody’s found.
Dec 02, 2020
South African carrier Comair has named Glenn Orsmond as CEO and resumed operations after an eight-month break, paving the way for the company to exit business rescue proceedings.