Airlines & Lessors
Jan 27, 2016
Moscow’s three airports—Sheremetyevo, Domodedovo and Vnukovo—handled 37.9 million passengers in 2015, down 10.4% year-over-year (YOY), according to statistics released by Russia’s Federal Air Transport Agency, Rosaviatsia.
Jan 27, 2016
Irish low-cost carrier (LCC) Ryanair CEO Michael O'Leary has confirmed his interest in providing long-haul services for European legacy carriers.
Jan 27, 2016
Little time passed in 2016 before the burgeoning and increasingly formidable ultra-low cost carrier (ULCC) sector in the US made seismic waves.
Jan 27, 2016
Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.
Jan 27, 2016
Airbus is assembling the main airframe sections of China Airline’s first A350 XWB at the Final Assembly Line (FAL) in Toulouse, France, as a 2016 third-quarter delivery date approaches.
Jul 31, 2020
The European Business Aviation Association (EBAA) has reported growing demand from passengers who would ordinarily use airlines but are not willing to anymore because of the pandemic.
Jul 31, 2020
Hawaiian Airlines has told unions it may have to furlough more than 2,000 employees as the carrier looks to realign the size of its workforce with the new operating environment.
Jul 31, 2020
Dutch airline KLM said it would cut 4,500-5,000 jobs as it embarks on a post-COVID-19 road to recovery that is set to be “long and fraught with uncertainty.”
Jul 31, 2020
Thailand’s Nok Air has become the latest airline to seek a restructuring through the courts after succumbing to the financial pressures caused by the COVID-19 pandemic.
Jul 30, 2020
Air France-KLM, pledging to step up its restructuring plans as it unveiled a massive quarterly loss caused by the COVID-19 crisis, said it expects capacity to remain at least 20% below 2019 levels in 2021, with a recovery to pre-crisis capacity by 2024.
Jul 30, 2020
A senior United Airlines executive said up to a third of the company’s pilots may be furloughed this fall, as carriers increasingly warn of the need to cut labor costs following the expiration of federal payroll support on Sept. 30.
Jul 30, 2020
Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.
Jul 30, 2020
As part of its efforts to preserve cash, Singapore Airlines (SIA) will be expanding its pay cuts to all employees, ranging from 10% to 35% depending on seniority.