Airlines & Lessors
Apr 29, 2016
Airberlin has reported a €446.6 million loss ($485.5 million) in 2015, deepened from a €376.7 million loss in the year-ago period.
Apr 29, 2016
Europe’s International Airlines Group (IAG)—parent company of British Airways, Iberia, Vueling and Aer Lingus—posted a first-quarter net profit of €104 million ($118 million), reversed from a net loss of €26 million a year ago.
Apr 29, 2016
Delta Air Lines has agreed to acquire 37 additional Airbus A321s valued at $4.2 billion at list prices. The announcement of an additional order for CFM International CFM56-powered A321s comes a day after Atlanta-based Delta placed a firm order for 75 Bombardier CS100s.
Apr 28, 2016
For Canadian manufacturer Bombardier's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 first quarter.
Apr 28, 2016
Bombardier reported a consolidated net loss of $138 million for the first quarter of 2016, reversed from a consolidated $100 million net profit in 1Q 2015.
Oct 26, 2020
The U.S. Transportation Department (DOT) has tentatively granted antitrust immunity to the proposed Delta Air Lines-WestJet transborder joint venture (JV), but with conditions that the carriers must accept.
Oct 26, 2020
Lufthansa plans to put large parts of group administration into “hibernation mode” between mid-December and the end of February 2021 and is making further operational cutbacks to deal with the much lower level of demand for air travel.
Oct 23, 2020
Mexican ULCC Volaris successfully trimmed its losses in the 2020 third quarter (Q3), boosted by a rapid capacity restoration and the weakened financial state of its top rivals.
Oct 23, 2020
Qatar Airways took delivery of three Airbus A350-1000s on Oct. 23.
Oct 23, 2020
Southeast Asia’s airline industry is being shaken up by a wave of restructuring programs prompted by the COVID-19 crisis, with most of the region’s flag-carriers looking to downsize to survive.
Oct 23, 2020
Malaysia Airports has sued AirAsia X for MYR78.2 million ($19 million) in overdue charges, which comes as the long-haul LCC embarks on a MYR63.5 billion debt restructuring.
Oct 23, 2020
American Airlines and oneworld alliance partner International Airlines Group (IAG) are pushing for the creation of a travel corridor between the U.S. and the UK to speed the return of lucrative transatlantic flights.
Oct 23, 2020
ULCC Wizz Air has announced that its 38th base will be in Bari (BRI), Italy, while it is expanding from Doncaster Sheffield (DSA) in the UK.