Airlines & Lessors
Jan 29, 2016
IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions.
Jan 29, 2016
Czech leisure carrier Travel Service is aiming to operate 40 Boeing 737 MAX 8s by 2025 and has just leased a further 16 aircraft, increasing its total commitment to 25 of the type.
Jan 29, 2016
Lufthansa Group subsidiary Swiss International Air Lines (SWISS) has taken delivery of the first of nine Boeing 777-300ERs in Zurich.
Jan 29, 2016
American Airlines reported a net profit of $7.61 billion for the full-year 2015, well more than double net income of $2.88 billion in 2014.
Jan 29, 2016
Hong Kong-based Dragonair is being renamed Cathay Dragon in an effort to align itself more closely with parent Cathay Pacific.
Aug 05, 2020
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
Aug 04, 2020
UK carrier Virgin Atlantic, which is 49% owned by Delta Air Lines, filed for bankruptcy protection in a New York court Aug. 4. The move comes just…
Aug 04, 2020
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
Aug 04, 2020
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate.
Aug 04, 2020
Australian regional and charter carrier Alliance Aviation is buying a fleet of Embraer E190s to take advantage of growth opportunities it foresees in the local market.
Aug 04, 2020
Indian LCC SpiceJet has secured slots at London Heathrow (LHR), which will allow the airline to commence flight services to the UK in September.
Aug 04, 2020
A city government in eastern China will take a stake in privately held Ruili Airlines, extending a trend toward growing state ownership in the country’s commercial aviation sector.
Aug 04, 2020
Vietnam’s Pacific Airlines has unveiled its livery and branding, transitioning from its former guise Jetstar Pacific after Qantas announced its exit from the joint venture in mid-June.