Airlines & Lessors
May 04, 2016
China’s big three carriers—Air China, China Southern and China Eastern—have all reported big first-quarter profit increases as a result of stable market demand growth and lower fuel prices.
May 04, 2016
Thai-based low-cost carrier Nok Air has announced the resignation of the chairman of its audit committee Pimol Srivikorn, effective immediately.
May 03, 2016
For the Lufthansa Group, “2015 was our toughest year in emotional terms, and at the same time one of the most successful in our corporate history,” chairman of the board and CEO of Deutsche Lufthansa Carsten Spohr told the company’s annual general meeting (AGM), which was held a few days before Tuesday’s release of its first-quarter results.
May 03, 2016
Calgary-based WestJet reported a first-quarter net profit of C$87.6 million ($67.3 million), down 37.7% from net income of C$140.7 million in the 2015 March quarter, as revenue fell 4.8% year-over-year to C$1.03 billion.
May 03, 2016
Russia’s AirBridgeCargo Airlines (ABC) reported first-quarter 2016 cargo tonnage growth of 27% over first quarter 2015.
Oct 28, 2020
Finnair has increased its cost-savings target by a further €40 million and is in talks with Airbus to defer delivery of its three remaining Airbus A350s on order.
Oct 28, 2020
U.S. carriers have retired hundreds of jets ahead of schedule due to the global slump in commercial air travel caused by the COVID-19 pandemic. But how are they utilizing those aircraft that remain, and which models have lost favor in their revamped fleets? A deep dive into Aviation Week Fleet Discovery data offers some clues.
Oct 28, 2020
Austrian Airlines will cut capacity for the coming winter schedule further to only 20% or less of 2019 levels as the rising number of COVID-19 cases in Europe is expected to dampen any new travel demand.
Oct 28, 2020
South African regional airline Airlink has emphasized the end of its long-term links to flag-carrier South African Airways with a subtle name change.
Oct 28, 2020
Lithuania-based Heston Aviation plans to launch an aircraft, crew, maintenance and insurance operation in early 2021.
Oct 28, 2020
CEO Jude Bricker says the passenger airline’s flexible route network and cargo-handling deal with Amazon have enabled it to remain resilient during the COVID-19 pandemic.
Oct 28, 2020
Salt Lake City International Airport has opened the latest portion of its $4.1 billion expansion project.
Oct 28, 2020
Hawaiian Airlines is pushing back its Boeing 787 deliveries due to a weaker long-term demand outlook.