Airlines & Lessors
Mar 01, 2016
Turkish Airlines reported a 2015 net profit of $1.69 billion, up from $845 million for the previous year and surpassing a billion dollar level for the first time in its history.
Mar 01, 2016
Malaysia-based low-cost carrier (LCC) AirAsia reported a 4Q 2015 net profit of MYR554.2 million ($131 million), reversed from a net loss of MYR428.5 million in the year-ago period.
Mar 01, 2016
India-based low-cost carrier IndiGo has trimmed its delivery schedule for 26 new Airbus A320neos by March 2017 by two aircraft, and will now take 24 over the next 13 months.
Mar 01, 2016
The Chinese government has appointed former Transport of China vice minister Wang Changshun as China Southern Airlines’ new chairman.
Mar 01, 2016
Air China has ordered 12 Airbus A330-300 aircraft, valued at $2.93 billion at list prices, according to a carrier statement.
Sep 09, 2020
Virgin Australia confirmed plans to keep 56 of its Boeing 737s when it exits the administration process, which means it will cut almost 30 aircraft from its narrowbody fleet compared to pre-COVID-19 pandemic levels.
Sep 09, 2020
Wary of the current lack of air cargo capacity, IATA has urged the freight industry, governments and public health agencies to work together to prepare the transportation of COVID-19 vaccines around the world if and when they become available.
Sep 09, 2020
Finnair has more than halved its capacity plans for October, cutting its schedule from around 200 daily flights to just 70-80, citing a slower-than-expected traffic recovery in light of weak demand and ongoing travel restrictions.
Sep 09, 2020
A lack of “clear information” from Boeing on the return of the 737 MAX is hampering Ethiopian Airlines’ ability to make decisions on its future narrowbody fleet as it studies the Airbus A220, according to the flag-carrier’s CEO Tewolde Gebremariam.
Sep 09, 2020
How JAL Engineering is adjusting its maintenance operations to the COVID-19 pandemic while upgrading its capabilities.
Sep 08, 2020
Luis Gallego, formerly the head of Iberia, has taken over as CEO of parent company International Airlines Group (IAG), after the retirement of Willie Walsh, who had led the group and been instrumental in its development since its creation in 2011.
Sep 08, 2020
The number of air passengers processed at U.S. airport security checkpoints hit a post-pandemic high over Labor Day weekend, with daily throughput approaching one million passengers for the first time since mid-March.
Sep 08, 2020
International and domestic commercial routes to and from Argentina could restart in October, according to the country’s transport minister.