Airlines & Lessors

Restrictions, rerouting and the rising cost of fuel will impact airlines aiming for a recovery from the COVID-19 crisis.

Technology firms Sabre and Amadeus will remove Aeroflot’s inventory from their respective global distribution systems (GDS) due to the Russian invasion of Ukraine.

Lufthansa group subsidiaries Austrian Airlines, Brussels Airlines and SWISS all reported increased revenues and substantial reductions in annual losses as cost-reduction plans and fleet re-evaluations have taken hold.

Scott Laurence, who left JetBlue for Delta Air Lines in January 2022 only to depart the following month, will lead American Airlines’ partnership strategy.

Lufthansa is looking to place orders for additional aircraft, now that the airline is expecting a strong bounce-back in demand pent-up during the pandemic and despite new risks emerging as a result of the war in Ukraine.

Japan’s major airlines are canceling most of their flights to Europe due to the war in Ukraine, yet Korean Air’s Moscow flights are operating as normal for now and the carrier’s European services continue to overfly Russia.

Airlines, lessors and manufacturers will all feel the pinch of sanctions against Russia.

Beyond removing passenger and routine air cargo links between Russia and the U.S., the ban will have aerospace supply-chain implications.

WestJet is attempting to initiate some consolidation in the Canadian market through a proposed agreement to acquire tour operator Sunwing.

Swiss International Airlines expects to take delivery of carbon-neutral aviation fuel produced using concentrated sunlight in 2023, under a strategic collaboration with Swiss startup Synhelion.

Hungary-based LCC Wizz Air is planning to evacuate its aircraft from Ukraine and redistribute capacity elsewhere in its network.

Carriers are being invited to apply for 18 daily slots at Lisbon Airport (LIS) being made available by TAP Air Portugal as a condition of the state-owned airline's restructuring.

Italian carrier Air Dolomiti, a Lufthansa Group subsidiary, will add two Embraer E195s to its fleet, confirming earlier outlined growth perspectives for the regional carrier.

International Airlines Group (IAG) member Iberia says it has revived its fleet delivery plan as the oneworld alliance member sees a gradual recovery across all of its markets.

After bringing in THB81.5 billion ($2.5 billion) in revenue following a massive debt restructuring and asset sales, Thai Airways has recorded a full-year profit for the first time in five years.

Sanctions targeting Russia’s airlines and broader economy will disrupt one of the strongest post-downturn domestic-market recoveries and put much of its international flying at immediate risk.

A webinar presented by aviation analytics company IBA on March 1 summarized some of the effects of the Ukraine-Russia crisis as can be ascertained so far.

Irish startup Emerald Airlines has undertaken its first flight, as it gears up to operate to a series of UK destinations.

Etihad Airways is looking to a strong 2022 as traffic returns post-pandemic, the company’s Group CEO said March 1.

IATA’s latest estimate of the returning global passenger market continues to set 2024 as the point at which traveler numbers finally outstrip those of 2019.

Canadian regional aviation specialist Chorus Aviation is to acquire UK-headquartered lessor Falko Regional Aircraft for $855 million, with investment firm Brookfield Asset Management slated to take a 12.5% stake in Chorus once the deal completes.

Russia is maintaining air connection to Europe with its ally Belarus as well as Serbia and Turkey.

Air India’s newly named CEO Ilker Ayci is withdrawing from the role before his tenure has officially begun.

The pilot of an Aeroflot airliner that violated Canadian airspace on Feb. 27 after it had been closed to all Russian aircraft declared the flight to be on a hum

Shipping giants FedEx Express and UPS have halted cargo flights to and from Russia, as the ripple effects of the Russian invasion of Ukraine continue to widen.