Airlines & Lessors
Dec 06, 2018
UK long-haul carrier Virgin Atlantic has no immediate plans to join the SkyTeam alliance, despite being part-owned by US SkyTeam member Delta Air Lines and alliance partner Air France-KLM being in the process of buying a stake in the carrier.
Dec 06, 2018
The airline division of UK travel operator Thomas Cook Group weathered summer European aviation disruptions to post a 37% profit growth to £129 million ($150 million) for the financial year ended Sept. 30.
Dec 06, 2018
Swiss charter carrier PrivatAir filed for insolvency Dec. 5, including its German subsidiary PrivatAir GmbH.
Dec 06, 2018
Hawaiian Airlines has adjusted its fourth-quarter (4Q) guidance, reflecting slightly weaker unit revenue and lower costs. The airline now expects 4Q unit revenue will be down 3%-5% year-over-year.
Dec 05, 2018
The oneworld global alliance announced Dec. 5 that Royal Air Maroc (RAM) will become its 14th full member airline, likely being inaugurated in mid-2020.
Nov 14, 2024
Lufthansa is considering an engine manufacturer swap for some future Boeing 787 deliveries and follow-ups as it grapples with Rolls-Royce Trent 1000 issues.
Nov 14, 2024
American Airlines is the third U.S. carrier to confirm its aircraft was struck with gunfire over Port-au-Prince, Haiti.
Nov 14, 2024
Thai startup Really Cool Airlines plans to launch operations in the first half of next year with leased widebody aircraft.
Nov 14, 2024
All Nippon Airways continues to grapple with engine-related aircraft availability issues with its Boeing 787 and Airbus A320neo-family fleets.
Nov 14, 2024
Air Canada is examining reworking the balance of owned and leased aircraft in its fleet to create more flexibility.
Nov 13, 2024
Spirit says discussions with bondholders to restructure its debt have “advanced materially” and are continuing, amid reports of a pending bankruptcy filing.
Nov 13, 2024
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
Nov 13, 2024
The plans are part of the new French government’s proposed 2025 budget and would see a tripling of the so-called Solidarity Tax on Airline Tickets (TSBA).