Airlines & Lessors
May 03, 2016
Latvian carrier airBaltic has undergone a capital increase, finalizing German investor Ralf-Dieter Montag-Girmes’ 20% stake in the airline.
May 03, 2016
Brussels Airlines passenger traffic fell 19.1% in March following the terrorist attacks, which closed its home base for 12 days.
May 03, 2016
Germany-based Lufthansa Group recorded a net loss of €8 million ($9 million) for 1Q 2016, reversed from a net profit of €425 million for the year-ago period.
May 03, 2016
The latest airport passenger traffic and aircraft movements for 159 airports worldwide - current through May 3, 2016 - presented in monthly and year-to-date figures.
May 02, 2016
Memphis-based FedEx Corp.’s acquisition of Netherlands-based TNT Express is nearing completion after gaining regulatory approval in China.
Oct 27, 2020
UK LCC easyJet has raised $398.6 million from aircraft refinancing and secured union agreement to cut its Berlin-based fleet from 34 to 18 aircraft, with 418 job losses.
Oct 27, 2020
Frontier Airlines is well-placed for further expansion over the coming years fueled by ongoing low-cost point-to-point leisure demand in the U.S., according to CEO Barry Biffle.
Oct 27, 2020
Icelandair’s operations will continue to be “minimal,” after operating just 9% of flights in the 2020 third quarter (Q3), which caused net profits to fall 37.9% to $38.2 million.
Oct 27, 2020
JetBlue Airways executives sounded an upbeat tone about leisure demand trends headed into the winter holiday season, even as they announced a $393 million net loss for the 2020 third quarter (Q3).
Oct 27, 2020
Prior to the pandemic, the average stage-length time flown by a TAP Express Embraer E190-series aircraft was about 1.2 hrs.—a reasonable figure for a regional operator supporting larger domestic and international networks.
Oct 27, 2020
IATA has signed an agreement with the World Meteorological Organization (WMO) to increase and improve the automated reporting of meteorological data by commercial aircraft.
Oct 27, 2020
Airlines are going to take delivery of significantly less than half the aircraft they originally planned to receive in 2020, according to IATA estimates.
Oct 27, 2020
Cebu Air, the parent company for Philippines LCC Cebu Pacific, and Singapore Airlines Engineering Company (SIAEC) have terminated two joint ventures in the Philippines, buying out each other’s shares in the Aviation Partnership (Philippines) Corporation (APPC) and SIA Engineering Philippines Corporation (SIAEP).