Airlines & Lessors
Oct 24, 2018
Leisure operator Small Planet Airlines announced that its Lithuanian business—Small Planet Airlines UAB—has filed for restructuring under Lithuanian law, as a knock-on effect of debts at its German and Polish airlines that both hit financial difficulties this fall.
Oct 24, 2018
Hawaiian Airlines reported a 3Q net profit of $93.5 million, up 31% compared to net profit of $71.6 million in the same period a year earlier.
Oct 24, 2018
New York-based LCC JetBlue Airways, reacting to a 37% year-over-year (YOY) increase in fuel prices, doubled down on its plan to “improve our earnings, particularly in the areas we can control,” CEO Robin Hayes said in a third-quarter earnings call Oct. 23.
Oct 23, 2018
British Airways (BA) will make a multimillion-pound investment in staff training at its London Heathrow Airport hub, 10 months after a light snowfall there brought chaos to its services.
Oct 23, 2018
Final airline financial data from 2Q indicate a drop in airline profitability compared to the year-earlier period. And while industry-wide cash flows have improved this year overall, there are significant differences between regions, according to IATA’s latest Airline Financial Monitor, released Oct. 17.
Oct 30, 2024
TAAG Angola Airlines will move its first passenger route to Angola’s new airport in Luanda from November.
Oct 30, 2024
Finnair says it has completed the refurbishment of its first Embraer E190 cabin under its latest interiors renewal program.
Oct 30, 2024
Two major lessors posted strong profits on the back of strong demand for aircraft in recent months driven, at least in part, by production and delivery delays.
Oct 30, 2024
Airbus has delivered the first A321XLR to launch customer Iberia, which plans to deploy the long-range narrowbody on a Madrid-to-Boston route from mid-November.
Oct 29, 2024
Changes to its product and pricing are driving the majority of improvements JetBlue Airways is seeing from its go-forward plan.
Oct 29, 2024
Frontier Airlines remains undeterred in its belief the ultra-low-cost business model has staying power in the U.S.
Oct 29, 2024
Austrian Airlines reported solid third-quarter results but sees issues ahead, such as the growing advantage held by Chinese carriers in Europe.
Oct 29, 2024
ZipAir is seeing strong advance bookings for its long-haul low-cost routes, especially to North America, with some destinations seeing load factors of over 90%.