Airlines & Lessors
Oct 23, 2015
Etihad Airways has applied to the German Court for an injunction to protect codeshare flights with airberlin on routes between Germany and Abu Dhabi.
Oct 22, 2015
Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported GAAP net income of $274 million for the third-quarter, up 38.4% year-over-year (YOY).
Oct 22, 2015
United Airlines executives said the carrier is preparing to make a number of customer service improvements in accordance with the guidance of president and CEO Oscar Munoz, who is on medical leave.
Oct 22, 2015
Southwest Airlines earned net income of $584 million in the third quarter, up 77.5% from a net profit of $329 million in the 2014 September quarter, as the carrier continued to grow capacity at a faster rate than other major US airlines.
Apr 21, 2020
The European Commission has approved a Danish state guarantee of up to €137 million ($149 million) for Scandinavian Airlines (SAS), ruling that the funding is in line with EU state-aid rules.
Apr 21, 2020
Virgin Australia has entered voluntary administration and the airline’s management is proposing to keep as much of the airline intact as possible when it reemerges under a new ownership structure.
Apr 20, 2020
The U.S. Transportation Department (DOT) granted Hawaiian Airlines a waiver to temporarily cease flying to eight mainland markets, agreeing that travel restrictions imposed by Hawaii’s governor make most service to the mainland unfeasible.
Apr 20, 2020
Porter Airlines, joining its larger Canadian rivals, will tap the Canada Emergency Wage Subsidy (CEWS) program to bring some staff back to the…
Apr 20, 2020
Norwegian Air Shuttle said its pilot and cabin crew subsidiaries in Sweden and Denmark were filing for bankruptcy, in the latest casualty of the COVID-19 crisis.
Apr 20, 2020
United Airlines warned of an estimated $2.1 billion pre-tax loss in the 2020 first quarter (Q1) and said it plans to seek up to $4.5 billion in additional loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Apr 20, 2020
Virgin Group chairman Richard Branson is saying Virgin Atlantic and Virgin Australia will need government support if they are to survive the COVID-19 crisis and keep competition alive in markets that would otherwise become effective monopolies.
Apr 20, 2020
After keeping silent about the rumored merger between Malaysia Airlines Berhad (MAB) and LCC AirAsia, the Malaysian government is saying a union…