Airlines & Lessors
Oct 02, 2015
European low-cost carriers (LCC) Norwegian and Ryanair are closing in on a cooperative agreement that would see the Irish carrier feeding passengers into Norwegian’s long-haul services. Norwegian CEO Bjørn Kjos told Bloomberg News that negotiations with Ryanair were proceeding and there could be an agreement “shortly.”
Oct 02, 2015
CityJet’s long experience in providing ACMI services was a major factor behind winning the contract to provide regional services for Scandinavian Airlines, the chairman of the Dublin-based carrier said Oct.2.
Oct 02, 2015
August global passenger traffic grew 7.1% year-over-year, producing a record-high 84.7% load factor, according to IATA’s August Air Passenger Market Analysis.
Oct 02, 2015
Okinawa-based Ryukyu Air Commuter Co. has been identified as the launch customer for the Bombardier Q400 combi aircraft.
Oct 02, 2015
AirAsia is taking steps to reduce the debt owed by its Indonesian joint venture to meet a government ultimatum, as signs are also emerging that Indonesia’s two AirAsia franchises may merge.
Mar 31, 2020
British Airways (BA) has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021.
Mar 30, 2020
Air Canada announced plans to temporarily lay off over 15,000 employees early next month, citing the “unprecedented impact” of the COVID-19 pandemic…
Mar 30, 2020
Chinese domestic airline activity is not as good as it looks.
Mar 30, 2020
UK LCC easyJet has grounded its entire fleet in response to the COVID-19 pandemic, while Irish LCC Ryanair continues to operate just 10% of its aircraft.
Mar 30, 2020
Aeroflot LCC subsidiary Pobeda Airlines is suspending all flights from Apr. 1 until May 31, following the Russian government’s recommendation for the country’s resorts to halt operations to combat the spread of COVID-19.
Mar 30, 2020
Vietnam Airlines is cutting its domestic network to a handful of flights on trunk routes in response to tighter government restrictions in response to the COVID-19 pandemic.
Mar 30, 2020
Qantas pilots have voted to accept new contract conditions that would allow ultra-long-haul flying, although plans to order aircraft for such flights are on hold.
Mar 30, 2020
Scandinavian Airlines (SAS) has started the search for a new CFO, after Torbjørn Wist announced plans to leave by September 2020.