Airlines & Lessors
Jan 22, 2016
Gulf Air’s plans to order the Bombardier CSeries regional jet may be in doubt, after the airline’s CEO announced plans to meet the Canadian manufacturer in the next few weeks.
Jan 22, 2016
After five years as CEO of oneworld, Bruce Ashby has resigned and will leave the alliance later this year. “After five years in this role it makes sense for me to move on at this time,” Ashby said, announcing his departure on Jan. 22.
Jan 21, 2016
Southwest Airlines earned net income of $2.18 billion in 2015, up 92% over a net profit of $1.14 billion in 2014, marking the Dallas-based carrier’s 43rd straight year of profitability.
Jan 21, 2016
Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted a full-year 2015 net profit of $848 million, up 40.2% from 2014’s $605 million net result.
Jan 21, 2016
Avianca Holdings has appointed Álvaro Jaramillo Buitrago as interim CEO, following the resignation of Fabio Villegas Jan. 17.
Jul 27, 2020
TAP Air Portugal plans to ramp up operations to almost 40% of its pre-COVID-19 levels in September.
Jul 27, 2020
International Airlines Group (IAG) is considering a €2.75 billion ($3.2 billion) rights issue to strengthen its finances as the coronavirus crisis continues.
Jul 27, 2020
The Belgian Federal Government and Lufthansa have negotiated an agreement that secures the near-term future of Brussels Airlines amid the COVID-19 pandemic.
Jul 24, 2020
LCC Norwegian Air Shuttle has changed its employment model for U.S., UK and Spanish pilots and cabin crew. Previously, the estimated 3,000 personnel…
Jul 24, 2020
The disparate capacity strategies pursued by the three large U.S. network airlines are converging, reflecting a new consensus about the path of…
Jul 24, 2020
Central European ULCC Wizz Air has called for an end to the slot-waiver stance being pursued by many airlines to preserve their positions at airports…
Jul 24, 2020
LCC SpiceJet has been awarded designated-carrier status by the Indian government to serve the U.S. and the UK, a first step toward launching long…
Jul 24, 2020
The U.S. airline industry couldn’t survive another quarter like the 2020 second quarter (Q2).