Airlines & Lessors

Winter looks to be challenging for the Irish LCC, but the Ryanair Group CEO foresees a modest profit for the company's current fiscal year.

The funds will cover the airline’s needs to restructure debt for letters of credit.

Spirit Airlines announced a fourth delay to its planned vote on the proposed merger with Frontier Airlines amid continued signs that the deal lacks sufficient shareholder support.

Delta Air Lines is slowing its planned capacity growth through the end of the year, part of an effort to improve reliability issues that weighed on its 2022 second-quarter (Q2) performance.

The head of the representative body for UK-based airlines has expressed dismay at London Heathrow Airport asking carriers to stop selling tickets to ease congestion at the airport.

Ryanair Group is extending the leases for the Lauda-operated aircraft because lessors are demanding long-term agreements in the wake of aircraft seizures in Russia, CEO Michael O'Leary says.

UK regional Flybe has delayed plans to extend its route network after lessors failed to deliver aircraft on schedule.

Leading lessors continued to see strong demand in the 2022 second quarter (Q2), with Air Lease Corp. (ALC) nearly doubling its Q2 deliveries year-over-year and AerCap signing 125 lease agreements, up from 51 in Q2 2021.

The country’s aviation sector remains at less than 40% of 2019 levels.

Korean Air’s chairman is confident of gaining regulatory approval for proposed Asiana acquisition by the end of this year.

A key plank of regional startup Connect Airlines' plan revolves around the reintroduction of turboprop flying—specifically on the De Havilland Canada Dash 8-400.

Proposals to allow Europe’s airline slot regime to return to normal have been published by the European Commission.

Scandinavian Airlines (SAS) is seeking to resume mediation efforts with its pilots in an effort to end the strike, now in its second week.

Investment firm SVPGlobal has acquired the remaining 50% of Deucalion Aviation, a company which was created from the sale of DVB Bank’s leasing arm.

The Norwegian airlines have signed a letter of intent to work together, paving the way for connections between their complementary networks.

Garuda Indonesia has managed to slash its aircraft leasing rates, some as much as 69%, under its debt restructuring plan to keep the carrier’s overheads low.

The Air Line Pilots Association has filed complaints with the U.S. DOT against two regional airlines’ proposals intended to help remedy what the carriers describe as a national shortage of qualified pilots.

Canadian startup Canada Jetlines has completed its required demonstration flights, which moves the company closer to launch.

The CEO of Frontier Airlines wrote a letter to the CEO of Spirit Airlines urging another delay for their planned merger vote, asserting that more time is needed to ensure the deal has support from a sufficient number of large shareholders.

Central and Eastern European LCC Wizz Air has taken a financial battering in its fiscal 2023 first quarter, partly driven by earlier changes to its hedging policies, which have since been reversed.

With COVID-19 restrictions impeding travel to Japan, the country’s airlines are focusing more heavily on transit traffic at their Tokyo hubs to rebuild international operations.

The Dutch carrier said long queues at Amsterdam necessitate reduced flying from the airport.

Dublin-headquartered lessor SMBC Aviation Capital has written off the full value of 34 aircraft stranded in Russia.

All Nippon Airways is converting two of its Boeing 777X orders to freighters, and the carrier has also finalized a previously-announced order for 737 MAXs.

The largest U.S. regional carrier hopes partial return to Part 135 status could help remedy chronic shortage of regional airline pilots.