Airlines & Lessors
May 25, 2016
Ryanair CEO Michael O’Leary believes it will be difficult to increase his airline’s load factor above 93%, which it achieved in its 2015-16 financial year.
May 25, 2016
A clear message from the 2016 SITA Passenger IT Trends Survey is that passengers prefer technology-delivered over people-delivered service.
May 25, 2016
US-based FedEx Corp. completed its €4.4 billion ($4.9 billion) acquisition of Dutch TNT Express on May 24.
May 24, 2016
Richard Anderson, who resigned as Delta Air Lines’ CEO May 2, had some direct, if tongue-in-cheek words of advice for his successor, Ed Bastian: “Don’t screw it up.”
Nov 09, 2020
Air Canada has followed through on previous warnings that orders for Airbus and Boeing narrowbodies were in jeopardy because of Canada’s stringent travel restrictions and lack of financial support.
Nov 09, 2020
SWISS International Air Lines (SWISS) and the company’s cabin crew union have provisionally agreed on measures to cut costs and staff numbers in light of the COVID-19 pandemic.
Nov 09, 2020
Etihad Airways has announced significant senior leadership changes, formally repositioning itself as a mid-sized airline and moving away from its previous “super-connector” role through its Abu Dhabi hub.
Nov 09, 2020
Norwegian Air Shuttle said it was facing a “very uncertain future” after Norway’s government said it would not provide further financial support.
Nov 09, 2020
Singapore Airlines (SIA) is weighing its option to raise another S$6.2 billion ($4.6 billion) in mandatory convertible bonds (MCB) as it burns through S$300 million in cash monthly amid slower than expected recovery.
Nov 09, 2020
Alaska Airlines CEO Brad Tilden will retire in March 2021, with current Alaska president Ben Minicucci selected to succeed him as chief executive, the company announced Nov. 9.
Nov 09, 2020
Russian LCC Pobeda no longer plans to take delivery of 30 Boeing 737 MAX narrowbodies for which it had signed a letter of intent, according to the airline’s CEO Andrey Kalmykov.
Nov 09, 2020
JAL said some of the money raised will go towards the replacement of Boeing 777s with the Airbus A350s it already has on order