Airlines & Lessors
Dec 22, 2015
Belgian regional carrier VLM has taken over routes from Friedrichshafen Airport in south Germany after Austrian regional carrier InterSky ceased operations in early November.
Dec 22, 2015
German investor Intro Aviation—which acquired Irish regional CityJet and its Belgium-based subsidiary VLM in April 2014—plans to sell CityJet following a successful turnaround program.
Dec 22, 2015
Russia’s AirBridgeCargo Airlines (ABC) will focus on US-Asia connections in 2016.
Dec 22, 2015
The Philippines Civil Aeronautics Board (CAB) has granted Filipino low-cost carrier (LCC) Cebu Pacific Air new schedule allocations to the United Arab Emirates (UAE), Taiwan and Russia.
Dec 22, 2015
The Singapore Airlines’ (SIA) offer to owners for the outstanding 44.2% of shares in Tiger Airways has “raised concerns of minority shareholders,” says a Singapore-based investors group, the Securities Investors Association Singapore (SIAS).
Jun 26, 2020
The selection of Bain Capital as the successful bidder for Virgin Australia means the airline will survive in a smaller form and will broadly follow the strategic blueprint developed by the current management team.
Jun 26, 2020
Dutch carrier KLM has secured a total of €3.4 billion ($3.8 billion) in government support through a state-guaranteed loan and a direct loan to help it withstand the COVID-19 crisis, adding to the €7 billion France has granted to sister airline Air France.
Jun 25, 2020
On the second anniversary of Swoop’s inaugural flight, the Canadian ULCC’s head of commercial Bert van der Stege discusses the airline’s response to…
Jun 25, 2020
Canadian airline WestJet will lay off 3,333 employees permanently across several departments, part of a series of organizational changes intended to streamline operations amid the COVID-19 pandemic.
Jun 25, 2020
The union representing American Airlines pilots wants the U.S. government to subsidize load-factor caps across the industry, an approach that would help stabilize airline finances while ensuring social distance in cabins.
Jun 25, 2020
Asia-Pacific LCCs face major hurdles as they struggle to survive the network shutdowns caused by the COVID-19 crisis, but their business models also give them some factors in their favor as they plan for recovery.
Jun 25, 2020
FRANKFURT—An extraordinary assembly of shareholders and the European Commission (EC) has approved a €9 billion ($10.1 billion) state bailout for Lufthansa, clearing the way for the airline to begin its long route to recovery and avoid an imminent bankruptcy filing.
Jun 25, 2020
UK-based easyJet is launching a share placement worth up to £450 million ($558 million), in the budget carrier’s latest move to shore up its finances since the COVID-19 crisis took hold.