Airlines & Lessors
Jan 27, 2016
Chinese carriers are expected to report big profit increases for 2015, mainly due to robust market demand growth and lower fuel prices.
Jan 27, 2016
Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.
Jan 27, 2016
Hawaiian Airlines parent Hawaiian Holdings reported a 2015 net income of $182.6 million, more than doubled from a net profit of $68.9 million in 2014.
Jan 26, 2016
Oslo Airport has started supplying Air BP Biojet via its regular fuel hydrant system, naming KLM Royal Dutch Airlines, Lufthansa Group and SAS Scandinavian Airlines as launch customers.
Jan 26, 2016
UK low-cost carrier (LCC) EasyJet’s FY 2016 1Q revenue of £929.5 million ($1.38 billion), a 0.1% year-over-year drop, reflected lower demand after terrorist attacks in Egypt and France.
Jul 30, 2020
AirAsia X (AAX) has signaled it will not resume scheduled flights until late 2020 and is cutting its fleet and network to aid its eventual recovery.
Jul 30, 2020
The municipal government of Fuzhou, China, is moving to take a larger stake in HNA’s Fuzhou Airlines as part of a drive to expand local air services.
Jul 30, 2020
Irish lessors AerCap and Avolon have both released second quarter (Q2) 2020 financial results that reveal the initial impact of the COVID-19 crisis on their balance sheets.
Jul 30, 2020
Emirates Airline has notified its passengers that all travelers arriving in Dubai or transiting at its Dubai (DXB) hub must have a negative COVID-19 PCR test certificate, starting from Aug. 1.
Jul 29, 2020
JetBlue Airways is the first U.S. airline to place into service a new Honeywell ultraviolet (UV) cabin disinfection system through a pilot evaluation.
Jul 29, 2020
Privately owned African startup Sky Mali, having secured its air operator’s certificate (AOC), is planning to launch flights to four domestic destinations.
Jul 29, 2020
Wizz Air CEO József Váradi is looking to accelerate aircraft deliveries and is considering new orders, viewing the post-COVID downturn as a unique opportunity to buck the market.
Jul 29, 2020
A majority of lawmakers in the U.S. House signed a letter urging leaders from both chambers of Congress to extend the Payroll Support Program (PSP) through March 2021, arguing that failure to do so will lead to hundreds of thousands of job losses across the airline industry this fall.