Airlines & Lessors
Sep 02, 2015
Russia’s Aeroflot, which revealed plans to buy Transaero Airlines Sept. 1, will acquire 75% plus one share of Transaero for RUB1 (1.53 US cents), TASS news agency reported, quoting Russia’s deputy prime minister Igor Shuvalov.
Sep 02, 2015
International Airlines Group (IAG) has acquired Aer Lingus after shareholders, representing 98.05% of the Irish carrier, signed up to sell their stakes to takeover vehicle AERL Holding Limited.
Sep 02, 2015
Southwest Airlines is planning to open a five-gate international facility at Fort Lauderdale Airport in Florida as it grows its beyond-US network.
Sep 02, 2015
Air Canada plans to aggressively market Toronto Pearson International Airport as “North America’s first global transit hub.”
Feb 26, 2020
Thai AirAsia (TAA) ended 2019 with a total net loss after tax of THB871 million ($29 million) despite an increase in passengers and 3% revenue growth.
Feb 26, 2020
A China Eastern subsidiary set up to fly Comac aircraft will serve coastal districts from the Yangzi River Delta and retain the business aviation operation on which it has been based, the parent company said.
Feb 26, 2020
The air transport industry is in the middle of the deepest crisis in decades, deeper than what it experienced during the fallout of the Severe Acute…
Feb 25, 2020
Lufthansa and United Airlines are seriously considering a plan to jointly acquire TAP Portugal in an effort to protect their position in the Europe-Latin America market and keep Delta Air Lines from investing in another European carrier.
Feb 25, 2020
The European Commission (EC) has approved plans by the Romanian government to provide state-owned flag-carrier TAROM with a temporary loan of approximately €36.7 million ($39.9 million) to allow it to maintain services.
Feb 25, 2020
The growing cluster of COVID-19 coronavirus cases in Iran has sparked a series of precautionary moves in the Gulf states.
Feb 25, 2020
United Airlines has withdrawn its full-year financial guidance, citing uncertainty over the ramifications from the COVID-19 coronavirus on travel demand, particularly in the Asia-Pacific region where the airline had 15% of its planned full-year capacity.
Feb 25, 2020
All Nippon Airways (ANA) on Feb. 25 placed an order for 15 more Boeing 787s, and has made a significant change in engine supplier for the new aircraft deliveries.