Airlines & Lessors
Feb 22, 2016
Air Serbia will launch services from its Belgrade base to New York JFK in June, 24 years after its predecessor JAT last served the North Atlantic route.
Feb 22, 2016
New Indian cargo carrier Quikjet Airlines will launch 4X-daily freight services serving Delhi, Chennai, Bengaluru and Hyderabad using a Boeing 737-400SF.
Feb 22, 2016
Mexican low-cost carrier (LCC) Volaris earned a 2015 net profit of MXP2.46 billion ($142.3 million), a more than fourfold increase over net income of MXP605 million in 2014.
Feb 19, 2016
A strike on some of SAS’s Nordic services has been threatened from Feb. 22, following a breakdown of negotiations between pilots, cabin crew and the company that hires them.
Feb 19, 2016
Russian authorities have approved VIM Avia to operate up to 7X-weekly services from Moscow to Manchester and Birmingham.
Aug 31, 2020
China’s three state carriers reported a combined CNY26.1 billion ($3.8 billion) net loss for the first six months (H1) of 2020, even as the Chinese commercial aviation industry worked its way back toward normal capacity in the second quarter.
Aug 31, 2020
The Colombian government has agreed to loan Avianca Holdings up to $370 million as part of a restructuring designed to get the airline back on solid financial footing.
Aug 28, 2020
Ethiopian Airlines has announced the opening of a new terminal at its home hub Addis Ababa Bole International Airport—which has been designed to incorporate COVID-19 mitigation measures.
Aug 28, 2020
South African carrier Comair could soon exit business rescue, after a potential investor submitted a binding offer late on Aug. 28.
Aug 28, 2020
Norwegian Air Shuttle said a government loan guarantee was “not enough” to get it through the prolonged COVID-19 crisis and warned of a significant risk of insolvency.
Aug 28, 2020
Southwest Airlines president and CEO Gary Kelly said business must double from current levels for the company to break even, as demand remains badly…
Aug 28, 2020
Croatia Airlines has requested financial assistance from its owner the Croatian government after the flag-carrier’s liquidity became strained because of COVID-19.
Aug 28, 2020
Colombia appears poised to restart commercial aviation operations after shutting down the sector for roughly six months to combat the spread of COVID-19.