Airlines & Lessors
Jun 27, 2016
Delta Air Lines took the preemptive step in May of lowering its planned second-half 2016 system capacity growth by 1% to below 2% year-over-year, citing rising fuel prices. The move was seen by many analysts as the latest evidence that the US airline industry has fundamentally changed to the point where sustained, strong profitability should be expected regardless of circumstances.
Nov 30, 2020
Air traffic in Europe fell to 35.5% of 2019 levels in the week to Nov. 29, Eurocontrol figures showed, as COVID-19 travel restrictions and national lockdowns continued to affect demand for travel.
Nov 27, 2020
Joint-venture partners Delta Air Lines and Virgin Atlantic have separately announced COVID-19 testing trials on specific transatlantic routes.
Nov 27, 2020
ICAO’s council has adopted decisions on eligibility units and sustainability certification, clearing the path for the implementation of CORSIA, the carbon-offsetting scheme for airlines.
Nov 27, 2020
Condor expects to operate up to 75% of its pre-crisis capacity next summer after COVID-19 vaccines have become available and quick testing infrastructure is established.
Nov 27, 2020
All Nippon Airways (ANA) is the latest airline looking to bolster its balance sheet through a major new share offering, which will be partly used to fund future aircraft deliveries.
Nov 26, 2020
Air India has revealed plans to launch two new long-haul routes to the U.S. early next year, one of which will become the farthest service in the airline’s network.
Nov 26, 2020
The sale of French leisure carrier Corsair will be completed shortly to a consortium based in the French Caribbean, according to Peter Oncken, MD of controlling shareholder INTRO Aviation and Corsair chairman.
Nov 25, 2020
The numbers of airline accidents and accident fatalities are tracking down this year, although a factor in the decline will be the big drop in flights caused by the COVID-19 pandemic.