Air Transport

FLY LEASING had $225.9m net income in 2019 (vs $85.7m in 2018) on 16% higher revenues; it ended year with 89 aircraft.
Air Transport

AIR NEW ZEALAND had NZ$101m net income for six months ended December 31 (vs NZ$150m a year ago) on 3% higher revenues, reflecting the slower demand
Air Transport

By Tony Osborne
Plans to build a third runway at London’s Heathrow Airport are in tatters after judges sided with a group of climate campaigners and ruled against expansion over environmental concerns.
Airports & Networks

By Graham Warwick
Europe has launched a research project to develop technologies and configurations for a hybrid-electric 50-seat regional airliner that could enter service in 2035-40.
Aircraft & Propulsion

By Chen Chuanren
AirAsia Group recorded a MYR286 million loss for fiscal 2019 ending Dec. 31, dragged down by its Indian subsidiary and a host of other costs.
Airlines & Lessors

By Chen Chuanren
Garuda Indonesia has set aside its turnaround plans and gone into survival mode to weather the fallout from COVID-19.
Airlines & Lessors

By Adrian Schofield
Grappling with sliding profits and slowing demand due to the COVID-19 coronavirus outbreak, Air New Zealand will now take delivery of a number of aircraft later than planned.
Airlines & Lessors

By Michael Bruno
The next three months could be decisive in the 16-year World Trade Organization dispute between Airbus and Boeing.
Air Transport

By Sean Broderick
A proposed law targeting changes in U.S. aircraft certification calls for tweaks to the FAA’s delegation system, but the bill’s more significant elements include adding operational data, such as minimum training requirements, to type certificates (TCs) and prohibiting aircraft sales to countries that do not pass the FAA’s international safety audit.
Safety, Ops & Regulation

By Ben Goldstein
Spirit Airlines’ newly announced expansion from Austin, Texas is a “natural fit” to the carrier’s 2020 route strategy of connecting existing points within its network, VP-network strategy John Kirby said in an interview.
Airlines & Lessors

By Michael Bruno
The Canadian government will provide $3 million to LAUAK Canada to establish a high-technology manufacturing center in Mirabel.
Aircraft & Propulsion

By Victoria Moores
Shifts in exchange rates and accounting standards doubled Scandinavian Airlines’ (SAS) fiscal first quarter (Q1) net loss, but the airline has secured a labor agreement for a new operating platform and is maintaining its guidance after minimal impact from the COVID-19 outbreak.
Airlines & Lessors

By Ben Goldstein
Delta Air Lines became the first North American carrier to announce service reductions to South Korea on Feb. 26, citing plummeting demand caused by the largest outbreak of COVID-19 outside of China.
Airlines & Lessors

By Adrian Schofield
Air New Zealand has developed a bunk-like sleeping pod product for economy class passengers that the carrier is considering introducing on long-haul flights.
Airlines & Lessors

AIR VANUATU carried record 406,000 pax and secured record VT7.3b revenues in 2019; it contributes >7% of Vanuatu’s GDP
Air Transport

SAS

SAS took delivery of new LEAP-powered A320neo (9352) on lease from Air Lease Corporation.
Air Transport

COMAIR, South Africa lost R564m for six months ended Dec 31 as a result of its fleet renewal program, transition of its fleet from South African
Air Transport

Jonty Nel to Executive Vice President of Commercial-International, based in Dubai, of GECAS (effective April 2020).
Air Transport

Bob Genise, Asa Watts, and Greg Byrnes joined White Oak Aviation, based in Bellevue, Washington and Ireland respectively.
Air Transport

CARGOLUX leased ex-AirBridgeCargo 747-400ERF (35170) in deal arranged by FPG Amentum.
Air Transport

AVATION, Singapore launched its aircraft engine leasing business, and has placed a PW127M to AEROMAR, Mexico.
Air Transport

LUFTHANSA GROUP is taking measures to counteract economic impact of the Coronavirus outbreak, including suspending new hiring, expanding part-time
Air Transport

By Helen Massy-Beresford
French airports operator Groupe ADP has completed the first phase of its plan to take over a 49% stake in GMR Airports, buying an initial 25% stake in the New Delhi-based airport operator.
Airports & Networks

AEG FUELS joined ALTA as an Affiliate Member. It provides fueling services at >3,000 worldwide locations.
Air Transport