Airlines & Lessors

Sep 21, 2015
Source: Airports Council International
Sep 21, 2015
The UK airline industry has rejected government air passenger duty (APD) proposals and is calling for APD to be eliminated.
Sep 21, 2015
Aeroflot low-cost subsidiary (LCC) Pobeda Airline, which carried its two-millionth passenger on Sept. 10, predicts it will carry more than 3 million passengers in 2015. Pobeda, which began operations Dec. 1, 2014, carried its millionth passenger on June 3.
Sep 21, 2015
Hong Kong flag carrier Cathay Pacific Airlines Group saw 8.5% year-over-year passenger traffic growth in August.
Sep 21, 2015
Ireland’s FLY Leasing is selling 12 older aircraft from its portfolio for $240 million as the company continues its fleet renewal strategy.
Mar 17, 2020
Increasingly strict border and quarantine requirements are curtailing international air travel across Asia as governments across the continent ramp up their response to the COVID-19 coronavirus crisis.
Mar 17, 2020
France’s economy minister Bruno Le Maire has pledged to support big companies, including Air France, by any means necessary as the government unveiled an initial €45 billion ($49.6 billion) package of financial aid for struggling businesses hit by the COVID-19 coronavirus crisis.
Mar 17, 2020
British Airways’ (BA) unions are worried about potential redundancies after the airline launched a formal consultation over employment measures to…
Mar 17, 2020
IATA expects the global airline industry to need $150-200 billion in various forms of government financial assistance to survive the current COVID-19 crisis, the association’s director general and CEO Alexandre de Juniac said Mar. 17. 
Mar 17, 2020
Air New Zealand and Qantas are making further major cuts in capacity, suspending most international flights and grounding aircraft in response to the COVID-19 coronavirus pandemic.
Mar 17, 2020
LCC Cebu Pacific (CEB) and Philippine Airlines (PAL) will suspend flights as quarantine measures are ramped up across the Philippines following the COVID-19 coronavirus outbreak.
Mar 17, 2020
Korean Air’s parent company Hanjin KAL has hit back with regulatory complaints against two shareholders that are attempting to take over management control of the flag carrier.
Mar 16, 2020
WASHINGTON—U.S. President Donald Trump said his administration will be “backing the airlines 100%,” hours after Airlines for America (A4A) called on…