Airlines & Lessors

The SkyTeam alliance member targets breaking even by 2024.

Jiri Marek was promoted to CEO at Air Serbia in January, having been with the airline since July 2019 when he led the company’s commercial and

AirAsia X completed its restructuring in March after cutting most of its debt obligations.

Air Canada plans to have 12 dedicated freighters in its fleet by the end of 2024, part of an effort to build greater revenue diversification into its operation.

TAP Air Portugal (TAP) is tracking close to pre-pandemic unit revenue and costs, despite higher fuel costs and a smaller fleet, but interest costs and unfavorable dollar exchange rates pushed the company to a €202 million ($201.7 million) first-half net loss.

The Middle East could face a shortage of 3,000 pilots as early as next year, according to a new report by consultancy Oliver Wyman.

Passenger demand is starting to resemble past cycles, but some new trends are emerging in how customers travel, a top American Airlines executive says.

Bidders for a majority stake in ITA Airways have submitted improved offers to the Italian government in advance of a deadline that expired Aug. 22, but industry sources fear political uncertainty in Italy could once again hold up the long-drawn out sale process.

ExpressJet, the long-time regional feeder airline that morphed into a stand-alone leisure operator under the aha! brand, has filed for bankruptcy protection.

The airline launched European short-haul flights in June 2021 and added long-haul transatlantic operations in April 2022.

London Heathrow Airport has given airlines until Aug. 31 to hand back up to 10% of their winter slots without penalty.

Maarten Stienen takes on the role as KLM continues to face operational disruption.

Boom is close to unveiling its propulsion provider, as American Airlines Overture order boosts the supersonic airliner’s backlog.

U.S. regional operator Air Wisconsin is forging a new partnership with American Airlines, opting to end an agreement with its current major airline partner, United Airlines.

U.S. airlines will benefit from a full year of “normalized demand” in 2023 but will soon face headwinds from broader macroeconomic factors that are threatening most industries, a new Fitch Ratings forecast said.

Wizz Air has appointed a new CFO, Ian Malin, to replace Jourik Hooghe, who is leaving the low-cost airline after three years.

Airfares are falling in the U.S., offering a reprieve to travelers who spent most of this year confronting inflation, rising energy bills and sky-high ticket prices.

FarCargo will fly fresh salmon to the U.S. using a Boeing 757-200F.

Air fares for flights departing from France increased 43.5% in July versus the same period last year, according to statistics released by the French civil aviation authority, DGAC.

The East African airline expects to add four more Boeing aircraft by the end of 2023.

Australia’s competition regulator has raised concerns in its preliminary report into Qantas' acquisition of Alliance.

As more COVID-related travel restrictions lift, airlines and airports across Asia-Pacific are seeing demand return. And they are also looking to new markets as China adheres to its zero-COVID policy.

Canada Jetlines wins regulatory approval to launch scheduled flights, becoming the latest entrant in a growing Canadian ULCC market.

The Hong Kong flag carrier has issued its most vociferous call yet for the government to produce a roadmap for the removal of remaining restrictions.

Lessor BOC has expressed confidence in the “robust recovery underway in the world’s airline and travel sectors” despite unveiling a financial loss for the first half (H1) of 2022.