Airlines & Lessors
Dec 28, 2015
For an airline whose primary market is tourism, a military junta and terrorist bombings definitely impact the bottom line. While those events have affected Thai Airways’ financial situation, they are not the main problem.
Dec 24, 2015
Global international passenger traffic increased 4.5% year-over-year (YOY) in October, according to IATA’s October Premium Traffic Monitor.
Dec 24, 2015
Baggage fees revenues for US airlines in 3Q 2015 rose 6.2% year-over-year, to $1.02 billion, according to the US Bureau of Transportation Statistics (BTS).
Dec 24, 2015
United Airlines is one step closer to placing an order for new small narrowbody aircraft, after a key union committee voted on Dec. 22 to approve a proposed two-year contract extension.
Jul 01, 2020
Icelandair Group is still locked in financial restructuring talks with lessors, a credit card acquirer and Boeing, further-delaying its time line toward a share offering and government-backed loan.
Jul 01, 2020
Following cases of transit passengers being stranded at Hong Kong International Airport (HKG) as a result of mishandling by airlines, Airport Authority Hong Kong (AA) has introduced a series of penalties imposed on airlines should such cases occur again.
Jul 01, 2020
French airline Corsair is negotiating with potential new investors who could buy the entire 53% stake held by INTRO Aviation, the carrier’s majority…
Jun 30, 2020
The government ministry responsible for South African Airways (SAA) has withdrawn from talks aimed at fostering employee engagement in developing an operating model for a restructured SAA.
Jun 30, 2020
Wizz Air Abu Dhabi (WAAD) has been endorsed as a national carrier of the United Arab Emirates.
Jun 30, 2020
Air Canada will suspend 30 domestic regional routes and close eight stations as it continues to reshape its network to meet reduced demand during the COVID-19 pandemic.
Jun 30, 2020
Cathay Pacific has gained approval from the vast majority of its employees for an unpaid leave program—an important part of the airline’s efforts to reduce short-term costs.
Jun 30, 2020
ULCC Norwegian has issued notice to Boeing of its intention to cancel orders for 92 737 MAX and five 787s, together with the GoldCare service agreements accompanying all of the aircraft.