Airlines & Lessors
Aug 02, 2015
Malaysia’s transport minister told media Sunday that a piece of debris found on Reunion Island last week is from a Boeing 777. The statement raises confidence that this may be the first piece of wreckage to be recovered from flight MH370 which vanished last year.
Aug 02, 2015
A second piece of wreckage, possibly an aircraft door, has been found on Reunion Island in the southern Indian Ocean, the BBC reported Sunday, Aug. 2. The discovery follows that of a large piece of debris found last week on the island and which is believed to be a wing flap from a large airliner.
Jul 31, 2015
International passenger traffic grew globally 6.2% year-over-year (YOY) in May, increasing from April’s 3.8% YOY improvement and due largely to accelerating traffic within the European market, according to IATA’s May Premium Traffic Monitor.
Jul 31, 2015
Nairobi-based Kenya Airways reported a net loss of KSh25.74 billion ($274 million) for the 2014-15 financial year ended March 31, deepened from a KSh3.38 billion net loss in the year-ago period.
Dec 20, 2019
Worried that poor profit margins could compromise LCC safety standards, the Civil Aviation Authority of Thailand (CAAT) told Thai media that it will be ramping up safety inspections on airlines, especially LCCs.
Dec 20, 2019
Changes will go beyond MAX training curriculum
Dec 19, 2019
Titan Aviation Holdings and Bain Capital Credit LP have entered into an agreement to form a long-term joint venture (JV) that will develop a diversified aircraft portfolio with an anticipated value of $1 billion.
Dec 19, 2019
Ireland-headquartered SMBC Aviation Capital said it has become the first lessor to sign aircraft operating leases using the Global Aircraft Trading System (GATS), an electronic platform that aims to simplify aircraft transactions.
Dec 19, 2019
LCC Norwegian is moving towards completing the transfer of its flights serving Oakland International Airport (OAK) to San Francisco International Airport (SFO) for the summer 2020 season and beyond, citing higher levels of business from the larger airport.
Dec 19, 2019
Nairobi-based Kenya Airways has warned that its full-year earnings are expected to drop by more than a quarter because of financial reporting changes, tough competition and lower yields.
Dec 19, 2019
Central and Eastern European LCC Wizz Air has announced two finance department changes, which will see existing CFO Iain Wetherall becoming chief investment officer and aviation industry newcomer Jourik Hooghe joining the airline as EVP and group CFO.
Dec 19, 2019
European destinations are leading expansion in long-haul travel to and from China as growth in the North America market plummets, figures from China’s dominant aviation IT company show.