Airlines & Lessors

The countries have signed an agreement to remove a cap on the number of flights and capacity.

Russia’s largest cargo carrier, Volga Dnepr Group, is changing its ownership in order to avoid sanctions imposed by the UK against its long-term founder and president.

Philippines’ Cebu Pacific remained in the red, primarily due to pressures from fuel prices and a weakened peso.

While international capacity is accelerating in the Asia-Pacific region, the recovery has been twice as strong in Europe and North America.

Aircraft lessors are optimistic that strong demand for air travel, combined with continued aircraft and engine supply constraints, bode well for their prospects in coming years.

Azul Airlines is hinting it could soon announce changes to its fleet transformation plan as it looks to broaden the number of next generation aircraft in its fleet.

The measure led to many airlines having to reduce the number of flights, or limit the number of passengers on services, with many having their flights canceled and rearranged.

The Sharjah-based LCC will continue to invest in expanding its fleet and route network, as well as developing its new joint ventures in Armenia and Pakistan.

There are multiple reasons for this dynamic, including the slow easing of pandemic-related entry restrictions, financial restructuring and fleet cuts.

The airline is targeting routes to 14 destinations, including six in Europe and two in North America.

The widebody aircraft were reactivated by the airline which cited a quicker than expected return in demand.

The LCC says the new disembarkation process reduces by approximately five minutes the exit procedure on the aircraft.

Oman Air is joining other Gulf airlines in creating a shuttle service for soccer fans hoping to visit Qatar for this winter’s FIFA soccer World Cup.

Lingering staffing shortages have forced carriers including Spirit to dial back their utilization to build a bigger operational buffer.

United Airlines has made a $10 million predelivery payment on 100 of the 200 electric air taxis it agreed to purchase from Archer Aviation in February 2021.

What will these two U.S. airlines look like as a single operation; and how hard will it be to get it through regulatory approval?

The European leisure group is grappling with rising fuel prices, consumer skittishness, and an unsettled geopolitical situation.

Increasing fuel costs and softening yields have not dented optimism on the business outlook at Kuwait’s Jazeera Airways.

The large pay increases granted by American Airlines to its regional pilots earlier this summer appear to already be pushing up pay rates across the industry.

American Airlines formally accepted a 787-8 from Boeing’s Charleston, South Carolina, production site on Aug. 10.

While Hong Kong has eased its COVID-19 entry rules slightly, Cathay Pacific is calling for more significant steps to remove constraints on passengers and air crew.

The Caribbean carrier plans to serve 12 countries in the Americas, including Mexico, Colombia and Peru.

Up to eight Airbus A220s will be stationed at the airport and the carrier hopes to be flying in excess of 20 routes from the base by 2027.

CAL attributed the decline in air freight demand to changes in the global economy.

The regional airline industry continues to be squeezed by surging pilot attrition rates and difficulty sourcing enough qualified new hires.