Airlines & Lessors

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.

Russian carriers have been barred from almost all of Europe’s airspace as part of sanctions imposed by the European Union following Moscow’s invasion of Ukraine.

The AirAsia Aviation Group saw an encouraging uptick in travelers in the 2021 fourth quarter (Q4), and the carrier expects this trend to continue in early 2022 as more of its key markets reopen.

Khartoum hub plan is central to Sudan Airways growth.

The airlines serve three common North American airports.

The LCC has agreed to lease 10 Boeing 737-8s and eight 737-800s from AerCap as it moves to increase its fleet to 80 aircraft by summer 2023.

Delta Air Lines has suspended its codeshare with Aeroflot, as Russia’s invasion of Ukraine continues to escalate.

Mexican ULCC Volaris believes Mexico could regain its Category 1 safety rating with the FAA during the second half of 2022.

Russian carrier S7 Airlines canceled all its flights to Europe after Poland and Czech Republic closed their airspace for Russian airlines starting midnight Feb. 26 in response to Moscow’s invasion of Ukraine.

Higher fuel costs could widen the cost advantage ULCCs enjoy over legacy airlines, allowing them to more quickly achieve profitability coming out of the COVID-19 pandemic, Spirit Airlines CEO suggests.

A Swiss International Air Lines executive also updates Aviation Daily on the flag-carrier's fleet modernization plans.

New Nigerian airline Green Africa has attracted a new investor that the carrier says will help it accelerate its expansion plans.

International Airlines Group plans to resume substantial investments in fleet upgrades now that the company expects to return to significant profits in 2022.

Revenues in Azul Airlines’ logistics business beat its own targets in 2021, as the company hopes to grow its fleet of Embraer E195 jets converted to freighters.

Kuwait Airways has amended its order with Airbus for a range of models as it presses ahead with a major refleeting exercise.