Airlines & Lessors
May 06, 2016
Asia-Pacific international passenger traffic in March slowed to 4.5% to 24.4 million, according to the Association of Asia Pacific Airlines (AAPA).
May 06, 2016
Russia’s Aeroflot airline plans to carry 30 million passengers in 2016, Aeroflot CEO Vitaly Savelyev told Russia’s TV Rossiya 24.
May 06, 2016
Panama City-based Copa Holdings reported first-quarter net income of $115.5 million, up 2% from a net income of $113.2 million in the year-ago quarter.
May 06, 2016
Singapore-based low-cost carrier (LCC) Tigerair reported a net profit of S$7.9 million ($5.8 million) for the 4Q 2016, which ended March 31.
May 05, 2016
Purchase, New York-based air cargo operator Atlas Air Worldwide Holdings reported a first-quarter net profit of $471,000, down significantly from net income of $29.2 million in the prior-year period, as revenue fell 5.9% year-over-year to $418.6 million.
Oct 30, 2020
Air cargo operators and shippers are facing a severe squeeze on capacity as the sector’s traditional year-end peak season, driven by holidays and retail demand, gets underway.
Oct 30, 2020
Greater Bay Airlines, a new Hong Kong-based venture by Chinese billionaire Wong Cho-bau, is reportedly willing to take in former Cathay Pacific Group staff members as it waits for its air operator certificate.
Oct 30, 2020
The Indian government has made a major revision to its proposed terms for the sale of Air India in an effort to attract more buyer interest.
Oct 30, 2020
Air France-KLM Group said Air France expected to operate around 35% of its 2019 network passenger capacity and KLM about 45% in the fourth quarter, as the group reported a 2020 third-quarter loss of €1.67 billion ($1.95 billion).
Oct 30, 2020
Japan Airlines (JAL) plans to cut its widebody fleet by retiring many of its Boeing 777s, following a similar move announced recently by All Nippon Airways (ANA).
Oct 29, 2020
The South African government has agreed to provide another cash bailout for debt-ridden South African Airways (SAA), funding the carrier’s revival as a new national airline.
Oct 29, 2020
Spirit Airlines will operate 80% of its pre-pandemic capacity beginning in November, as it capitalizes on solid leisure demand following a better…
Oct 29, 2020
Las Vegas-based Allegiant Air believes the COVID-19 pandemic is creating opportunities to acquire used aircraft without huge capital outlays.