Airlines & Lessors
Sep 24, 2015
Aeromexico is looking to upgauge its fleet with newer aircraft in the coming years, the airline’s SVP-global sales Jorge Goytortua said.
Sep 24, 2015
Calgary-based low-cost carrier WestJet has named Canadian Tire Corp. SVP-finance Harry Taylor as its new CFO.
Sep 24, 2015
Russia’s Federal Air Transport Agency, Rosaviatsia, has refused permission for Aeroflot low-cost subsidiary (LCC) Pobeda Airlines to operate international flights.
Sep 24, 2015
Lufthansa Group’s low-cost subsidiary Eurowings and UK low-cost carrier easyJet reportedly could become partners, Lufthansa Group chairman and CEO Carsten Spohr told German magazine Der Spiegel.
Sep 23, 2015
Asia-Pacific airlines reported international load factors of 83% in August, the highest level recorded this year, according to the Association of Asia Pacific Airlines (APPA).
Mar 20, 2020
Nordic governments are stepping in to shore up their airlines during the COVID-19 crisis, with Norway offering a NOK6 billion ($595 million) loan guarantee package—up to half of it for LCC Norwegian—and Finland proposing a €600 million ($667 million) guarantee for Finnair.
Mar 20, 2020
Fiji Airways and Thai Lion Air are the latest Asia-Pacific airlines to halt almost all service because of the COVID-19 pandemic.
Mar 20, 2020
New Zealand’s government has become the latest to introduce a significant airline support package, agreeing to provide an NZ$900 million ($520 million) loan facility to Air New Zealand.
Mar 20, 2020
Cathay Pacific Group’s April and May capacity will be reduced to just 4% of its normal total following plunging demand and a widening list of travel restrictions following the COVID-19 coronavirus pandemic.
Mar 20, 2020
Fractional operator Flexjet will ferry pilots and flight crews to assignments using its own aircraft rather than its usual method of relying on commercial carriers.
Mar 20, 2020
British taxpayers have so far paid £156 million ($180 million) responding to the collapse of leisure company and airline Thomas Cook.
Mar 20, 2020
Three major airline bodies have voiced their dismay at the European Commission’s response to the COVID-19 coronavirus crisis, which has left cash-strapped airlines potentially facing unlimited passenger care and assistance bills.
Mar 19, 2020
VIENNA—Lufthansa Group subsidiaries Swiss International Air Lines (SWISS) and Austrian Airlines have announced wide-ranging survival strategy…