Airlines & Lessors
Mar 10, 2016
The 10 publicly traded US passenger airlines collectively reported a pre-tax profit margin of 14.6% in 2015, according to Washington, DC-based lobbying group Airlines for America (A4A).
Mar 09, 2016
Qatar Airways, which announced major route expansion for 2016/17 at ITB Berlin, warned the A320neo delivery delay may affect growth plans.
Mar 09, 2016
Santiago-based LATAM Airlines Group posted a net loss of $219.3 million for 2015, nearly doubling its 2014 net loss of $109.8 million.
Mar 09, 2016
Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest and comparative figures for the current week.
Mar 09, 2016
African low-cost carrier fastjet has issued a third profit warning in a year and has said it may have to raise further funds later in 2016.
Sep 21, 2020
In a last-ditch effort to prevent mass airline employee furloughs beginning Oct. 1., two U.S. Senate Republicans introduced a bill to extend the Payroll Support Program (PSP) through March 31, 2021.
Sep 21, 2020
American Airlines has issued a tentative 737 MAX pilot instruction schedule that would have computer-based lessons begin in five weeks, simulator sessions starting in November and all 4,200 of its 737 pilots trained by February 2021.
Sep 21, 2020
Lufthansa decided to deepen the cuts to its fleet and staffing levels after determining that air transport is not recovering as fast as it had hoped.
Sep 21, 2020
Prospects for two South African airlines have taken a turn for the better after the country’s government said it would not allow the national carrier to fail, while regional airline Comair’s creditors agreed a route out of administration.
Sep 18, 2020
Delta Air Lines will seek to raise $9 billion in debt backed by its SkyMiles frequent-flier program, amounting to a nearly 40% increase from previous plans to raise $6.5 billion.
Sep 18, 2020
Lufthansa subsidiary Austrian Airlines is facing yet another setback: new travel warnings for the Vienna region.
Sep 18, 2020
The mix-and-match of different testing and quarantine requirements that are currently holding back the region’s recovery must come to an end, and European authorities are on the case.
Sep 18, 2020
South American operator Avianca Holdings has hit a stumbling block in its Chapter 11 restructuring after a Colombian court issued an injunction against a $370 million loan the country’s government has offered to the company.