Airlines & Lessors
Aug 28, 2015
Lufthansa Group will take delivery of its first Airbus A320neo towards the end of 2015 and not in early 2016 as previously anticipated, an airline spokesperson in Frankfurt has confirmed to ATW.
Aug 28, 2015
The Dutch Safety Board (DSB) has said it will publish its final report on the investigation into the crash of Malaysia Airlines flight MH17 on Oct. 13, 2015.
Aug 28, 2015
Estonian Air believes it will break even in 2016, after it recorded its first profitable early summer months since 2010.
Aug 28, 2015
Air China has reported a net income of CNY4.2 billion ($660 million) for the first half of 2015, up 721% over the net profit of CNY510 million for the same period of last year. Operating revenue rose 3.87% to CNY51.9 billion while operating costs increased by 5% to CNY45.2 billion.
Aug 28, 2015
IATA CEO and director general Tony Tyler will retire in June 2016 after serving five years in the position. Tyler’s retirement was announced Aug. 28 and the search for his successor has begun.
Feb 20, 2020
Qantas expects to take a major financial hit from capacity reductions related to the COVID-19 outbreak, although the airline remains on track to make some significant aircraft order moves this year.
Feb 19, 2020
GoJet Airlines will expand its Bombardier CRJ-550 fleet by 20 aircraft, a move that will see it operate 74 of the 50-seat jets on behalf of United Airlines as United Express.
Feb 19, 2020
As airlines grapple with capacity shortages created by the Boeing 737 MAX grounding or a sudden over-supply because of COVID-19-related schedule reductions, lessors are supporting their mitigation plans, including matching customers in both categories and moving aircraft between them.
Feb 19, 2020
WestJet is doubling down on its Calgary base in 2020, with plans to add more than 90 new flights to its primary hub by the peak summer travel season.
Feb 19, 2020
Russia´s S7 Group completed the merger of Sibir and Globus Airlines in December, the company said in a statement Feb. 26.
Feb 19, 2020
Dubai Aerospace Enterprise (DAE) has reported a $413.6 million pre-tax profit for 2019, 3.5% down on the $428.8 million profit posted for 2018.
Feb 19, 2020
Air France and its low-cost sister airline Transavia are expanding their services to and from Algeria, adding services from Paris and the French regions, taking advantage of the gap left by Aigle Azur, which collapsed in September.
Feb 19, 2020
Qatar Airways has increased its shareholding in International Airlines Group (IAG) from 21.4% to 25.1%, in a transaction worth around $600 million.