Airlines & Lessors
Nov 05, 2015
Lufthansa Group has suspended all flights to/from Sharm el-Sheikh, Egypt, a move made following strong statements from the UK government that an explosive device could be responsible for the Oct. 31 Metrojet Airbus A321 crash.
Nov 05, 2015
Air Canada posted third-quarter net income of C$437 million ($325.9 million), up 35.3% over a net profit of C$323 million in the 2014 September, as the airline’s earnings bucked Canada’s weak economy.
Nov 05, 2015
Air New Zealand has placed a firm order for 15 additional ATR 72-600s, valued at $375 million at list prices.
Nov 05, 2015
International Airlines Group (IAG) has converted options on two Airbus A330-300s for Aer Lingus, two A330-200s for Iberia and 15 A320neos for use across the group.
Nov 05, 2015
Korean Air has finalized an order for 30 Boeing 737 MAXs and two 777-300ERs, with a list value of nearly $4 billion, firming up the commitment it made during the Paris Air Show in June.
May 06, 2020
Icelandair is planning a new share issuance to boost its liquidity and ensure connectivity to the Northern Atlantic island, while discussions are ongoing regarding a possible government-backed credit line.
May 06, 2020
Welcome to Routes’ weekly look at how Europe's aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
May 06, 2020
The Philippines’ largest LCC Cebu Pacific has posted a PHP1.2 billion ($24 million) loss for the first quarter of 2020, reversing the PHP3.4 billion…
May 05, 2020
European carriers are taking the first steps towards restoring parts of their flight schedules, after the COVID-19 pandemic left most carriers grounding virtually their entire fleets.
May 05, 2020
IATA expects airlines to have to offer low fares to stimulate demand at least through 2021—making it unlikely for the industry to return to a profit.
May 05, 2020
SkyTeam member KLM is restarting seven routes that were suspended in compliance with COVID-19-related travel restrictions.
May 05, 2020
Virgin Atlantic plans to exit its base at London Gatwick (LGW) as part of a series of measures being implemented to help the airline survive the coronavirus crisis.
May 05, 2020
The varying severity of the COVID-19 pandemic in different Southeast Asian countries means that air travel across the region is recovering at uneven rates.