Airlines & Lessors
Sep 03, 2019
Cathay Pacific Airways is implementing new inspection protocols and taking some staff off flight duties as the Hong Kong-based carrier continues to investigate how oxygen bottles were emptied on three aircraft in recent weeks.
Aug 30, 2019
Chinese LCC Spring Airlines again posted strong double-digit net profit growth, earning CNY854 million ($119.3 million) in the 2019 first half, 17.5% year-on-year (YOY) increase.
Aug 30, 2019
China’s Hainan Airlines Group earned CNY503 million ($70 million) for the first six months of 2019, boosted by large non-recurring revenue from activities such as asset sales.
Aug 30, 2019
Air China saw its net profit shrink 9.5% to CNY3.1 billion ($451 million) in the 2019 first half. After factoring non-recurring gain and losses, net profit stood at CNY3 billion, down 3.5% year-over-year (YOY).
Aug 30, 2019
Kenya Airways has posted a KES8.6 billion ($83 million) interim net loss for the first six months of 2019, double the KES4 million net loss for the same period in 2018.
Apr 03, 2025
Air Mauritius has bolstered its balance sheet through a debt-to-equity agreement with its parent company.
Apr 03, 2025
Nigerian carrier Green Africa has suspended operations after its fleet of ATR 72s was repossessed by their lessor.
Apr 03, 2025
Air France-KLM has lodged a complaint with France’s competition watchdog, the Autorité de la Concurrence, against U.S.-based parts supplier Woodward.
Apr 03, 2025
Porter Airlines is leasing a hangar in Halifax to provide dedicated maintenance capacity for its E195-E2s and Dash 8-400s.
Apr 03, 2025
United Airlines continues to expand its Asia-Pacific presence, unveiling two new fifth-freedom routes from Hong Kong International Airport.
Apr 02, 2025
As demand grows for its products, Embraer has signed a memorandum of understanding with Turkish Aerospace, with the potential for a final assembly in Turkey.
Apr 02, 2025
Following Lufthansa’s 41% stake in ITA Airways, the Italian airline is beginning the integration process into Star Alliance.
Apr 02, 2025
Cebu Pacific is laying groundwork for more expansion into long-haul markets, fueled by fleet growth and a strong Philippine economic outlook, among others.