Airlines & Lessors

The airline hopes to serve at least seven U.S. destinations from London Gatwick.

Air travel disruption caused by staff shortages and a fast ramp-up in demand will likely last throughout the summer, according to the European Commission (EC), while network manager Eurocontrol forecast high fuel prices will drive a hike in ticket prices in the fall.

LCC Norwegian has firmed its previously announced letter of intent with Boeing for 50 737-8s, the airline announced June 23.

United Airlines has received an FAA waiver allowing it to remove around 50 departures a day from Newark Liberty International Airport (EWR) beginning in July in an effort to reduce congestion and improve its on-time performance.

Korean Air is making progress toward gaining key approvals from U.S. and European regulators for its proposed acquisition of rival Asiana Airlines.

Some industry observers believe Hong Kong's extremely cautious approach to easing travel and border restrictions will result in long-term competitive damage, but Cathay Pacific says it has significant fundamental advantages that will come back into play when restrictions ease.

The outlook for U.S. small community air service is grimmer than any time in recent memory, and the situation will likely get worse before it stabilizes.

Turkish Airlines is evaluating whether to use Airbus A350-1000XWB or Boeing 777X aircraft for nonstop services to Australia and is nearing a decision on 30 regional aircraft.

Regional aircraft lessor Elix Aviation has merged with ADARE Aviation Capital, with both companies coming together under a new “Abelo” brand.

Finnair has agreed to take 7 million gal. of sustainable aviation fuel (SAF) annually from Colorado-based renewable fuels producer Gevo, as part of a wider 200 million gal. per year commitment by the Oneworld alliance.

Aviation executives departed into a parallel universe for a few days in June.

Regional carrier Mokulele Airlines has been named the launch partner in Hawaii for Regent’s 12-passenger Viceroy seaglider, an electric wing-in-ground-effect transport for dock-to-dock overwater routes.

Inmarsat has signed up UK LCC easyJet as its first airline partner for the Iris air traffic modernization program it developed with the European Space Agency (ESA) to ease airspace congestion.

JetBlue Airways raised its offer to buy Spirit Airlines to $33.50/share, from $31.50/share previously, adding pressure to Frontier Airlines to sweeten its own bid before a crucial shareholder vote next week.

CEO Jayne Hrdlicka has stressed the importance of new codeshare partnerships with the likes of United Airlines and Qatar Airways.

LATAM Airlines Group may need to consider a widebody refresh in the future, but those decisions will be considered by the company’s new board of directors.

UK LCC easyJet is looking to exercise purchase rights and options on 56 Airbus A320neo-family aircraft and convert orders for 18 A320neos to the larger A321neo, under a proposal valued at $6.5 billion at list prices.

With commencement of flight tests, Airbus is moving closer to new territory: true long-haul narrowbody services.

About $1 billion of foreign currency funds is being blocked by governments in Africa, according to IATA estimates.

Emirates has been among the airlines suffering the most from Boeing’s aircraft delivery delays.

The New York-based carrier is adding more London flights and has routes to Paris on its radar.

The air transport industry’s recovery remains uneven region to region and there are concerns about the general economy and a global recession, but airline leaders seem confident in a return to pre-pandemic levels of growth.

Labor shortages have forced Amsterdam Schiphol and London Gatwick to set capacity limits, while Brussels Airlines canceled almost all flights from its home base on June 20 in the face of eight-hour security wait times.

Cathay Pacific calls for policy stability from the Hong Kong SAR government as the territory gradually but cautiously relaxes border restrictions.

UK LCC easyJet has emerged as the front-runner for 18 additional daily slot pairs at Lisbon Airport, which TAP Air Portugal is required to give up as a competition remedy for its €2.55 billion ($2.68 billion) restructuring.