Airlines & Lessors
May 13, 2016
Belgian regional VLM Airlines has filed a formal application asking for creditor protection for six months to avoid bankruptcy, a source close to the situation confirmed to ATW following media reports in the Belgium and the Netherlands.
May 13, 2016
Germany’s airberlin reported a first-quarter net loss of €182.3 million ($206.2 million), narrowed from a €210.1 million loss in the year-ago quarter.
May 13, 2016
Shanghai-based Juneyao Airlines is expected to establish a branch company in the Jiangsu province to further explore the East China market.
May 13, 2016
Thai-based Bangkok Airways reported a net profit of THB1.57 billion ($44.5 million) for 1Q 2016, up THB487.9 million (44.9%) from the year-ago period.
Nov 03, 2020
The way to KLM receiving loans and loan guarantees from the Dutch government totaling €3.4 billion ($4 billion) seemed open late Nov. 3 after the final union in the Dutch airline’s workforce signed up to employment conditions attached to the deal.
Nov 03, 2020
Targeting Thailand’s religious and predominately Buddhist population, Thai Airways has announced a pilgrimage flight-to-nowhere event that will see an aircraft fly over 99 sacred sites while passengers say Buddhist prayers onboard.
Nov 03, 2020
China Southern Airlines is the last of the big three state-owned carriers to put its cargo operations into a standalone entity.
Nov 03, 2020
To generate more alternate revenue amid the pandemic and after rising demand for its training speciality, Singapore Airlines (SIA) is commercializing its training services by setting up the Singapore Airlines Academy.
Nov 03, 2020
With much of its fleet parked during the pandemic, Alaska added new maintenance programs, cleared open deferrals and performed technician training.
Nov 02, 2020
United Airlines continues its push to convince governments that COVID-19 testing is a viable alternative to quarantines and other travel restrictions—it plans to conduct free rapid testing for passengers onboard select flights between its Newark hub and London Heathrow.
Nov 02, 2020
A project to create a long-haul start-up carrier operating flights between the UK and India has re-emerged following several years’ silence after securing UK government funding.
Nov 02, 2020
The body representing Arab airlines believes that around half of all aircraft deliveries to its members scheduled for the next two years will be canceled or deferred and that recovery from the COVID-19 pandemic hinges on a series of government actions to aid the sector.