Airlines & Lessors

Pilots at two of American Airlines’ wholly owned regional subsidiaries have secured massive pay hikes of around 50%, raising the bar for pilot pay amid a national shortage that is weighing heavily on regional carriers.

South African LCC Mango Airlines is hoping to finalize talks with a buyer later in June, after finally receiving ZAR225 million ($14 million) in additional funding from its existing shareholder, although this is ZAR85 million less than originally planned.

Mark Dunkerley has devoted his life to aviation and the airline business. Among his many accomplishments, he led Hawaiian Airlines from bankruptcy to

The French shipping company acquired the stake through the airline group’s recently concluded €2.6 billion ($2.7 billion) capital raise after agreeing a strategic partnership with Air France-KLM in May.

Virgin Australia is resuming more short-haul international destinations this week, and it is also planning for further expansion of its international network later this year and in March 2023.

Airfares surged by nearly 13% in May on the back of higher jet fuel prices, extending a streak of monthly price increases that some industry watchers are worried may soon start to eat into travel demand.

Fort-Lauderdale based Silver Airways is seeing a robust recovery in demand, but pilot staffing remains a challenge.

African airlines have restored around 76.6% of their 2019 capacity, but traffic is continuing to lag at 66.3% of pre-pandemic levels, causing cash-flow problems for local operators.

The Danish government has acknowledged that Scandinavian Airlines (SAS) is in a “very serious situation,” triggering the state to agree to a debt-to-equity conversion and a possible capital injection.

Alaska Airlines' community ethos shines especially bright at the carrier’s regional sister, Horizon Air.

The airline is focused on achieving top scores in customer care, community and employee values while delivering or exceeding its financial promises.

The new Armenian flag-carrier will initially serve three destinations when flights start on July 3.

Russian airlines are embarking on a new approach to rebuilding their relationships with foreign lessors after the Kremlin banned leased Western-built aircraft from being returned following the implementation of sanctions.

An accident at an oil refinery near Vienna on June 3 is now affecting the supply of kerosene to Vienna International Airport (VIE).

Air travel resumed its strong recovery trend in April, despite the Russia-Ukraine war and continuing travel restrictions in China, IATA said June 9.

South African regional carrier Comair filed for liquidation June 9, after its administrators failed to find the necessary funding to keep the airline going.

While Russian aviation authorities have stopped publishing any commercial aviation statistics from March, recently released—albeit sketchy—data is showing a serious drop in domestic air service.

Hawaiian Airlines is partnering with a Hawaii-based energy supply company to investigate the production of sustainable aviation fuel (SAF) locally.

Icelandic startup Niceair’s operations to the UK have been interrupted after its first flight.

Russia’s largest private carrier S7 Airlines has suspended the launch of its low-cost subsidiary as it cannot take delivery of new aircraft.

Air India Express is eying more international connections from second and third tier cities in India as part of a “huge” expansion plan over the next five years.

Vietnamese retail conglomerate IPP Group (IPPG) is hopeful that it will receive its air operator certificate by the end of July, in time for the delivery of the first of four Boeing 737-800BCF freighters on July 25.

Even though China’s borders remain largely closed, the recovery in Southeast Asia is in full swing.

The ongoing bidding war over Spirit Airlines has the potential to shape the competitive environment in the U.S. air travel market for years to come.

Spirit Airlines postponed a shareholder vote on whether to merge with Frontier Airlines until June 30, from June 10 previously, allowing additional time for the company’s board to negotiate with Frontier, JetBlue Airways and its own shareholders about the best path forward.