Airlines & Lessors

Angolan carrier Bestfly has moved into the regional jet market as it steps up its services in Cabo Verde.

Korean Air managed to post impressive profits in the 2022 first quarter (Q1), with freight operations again a major factor and passenger services starting to make more gains as well.

Canadian regional aviation specialist Chorus Aviation has completed its acquisition of UK-headquartered lessor Falko Regional Aircraft, triggering investment firm Brookfield Asset Management to take a 12.5% stake in Chorus, as planned.

All Nippon Airways (ANA) is not operating its services to London and Paris because of Russia’s invasion of Ukraine and subsequent airspace restrictions.

Boeing promotes optimistic outlook for financing air transport deliveries based on the 2021 results.

JetBlue Airways may have been a “breath of fresh air” when it launched two decades ago, but it may need a new niche to stay competitive.

Latvian flag-carrier airBaltic plans to wet-lease a Boeing 737-900ER from Ukraine International Airlines (UIA), at the same time the company is wet-leasing some of its own fleet of Airbus A220s to other airlines.

U.S. airlines are unified in recognizing the need to get more pilot candidates in the pipeline but are grappling with training-process bottlenecks as they work to grow their near-term pool of qualified line pilots.

South African Airways (SAA) plans to instate another CEO, following the departure of the position’s interim holder.

Romanian carrier Tarom has received the go-ahead for a €1.9 million ($2 million) capital injection to compensate for losses incurred during the COVID-19 pandemic.

While airlines are reporting a strong demand environment going into the northern hemisphere summer, the full restoration of global airline networks is likely years away, IATA DG Willie Walsh told Aviation Week Network editors.

VietJet achieved robust profit growth in the 2022 first quarter, thanks to the airline’s restored domestic flights and the start of more international services.

Luxembourg startup FlyLux Airlines is planning to become active in wet-lease, charter and cargo flying, operating Airbus A320neo-family aircraft.

Dublin-based lessor Avolon said it had recognized an impairment of $304 million against its exposure to the Russian market during the first quarter, reducing the carrying value of its 10 owned aircraft in the country to zero.

Icelandic lessor Icelease and U.S. private-investment firm Corrum Capital Management have secured $40 million in funding to acquire three Boeing 737-800s for cargo conversion.

As flight activity rises, the aftermarket recovery’s pace faces threats from labor, supply chain constraints.

Fuel prices have been driven sharply upward by a combination of an aggressive war, cartel avarice and climate idealism. Short-term cost increases will

In 2008, Thai Airways suffered one of its worst financial results, incurring a THB21.4 billion ($647 million) net loss on the back of surging fuel

Plans to establish North America’s first mega-ULCC remain in place after Spirit Airlines rejected a revised takeover bid from JetBlue Airways in favor of an earlier offer from Frontier Airlines.

Australian carrier Rex has reached an agreement to become Delta Air Lines’ new partner in the Australian market.

Long-haul LCC French bee plans to launch a Paris-Miami service in December 2022, after taking delivery of its sixth Airbus A350 aircraft in winter 2022.

Qantas has confirmed a much-delayed order for the Airbus A350-1000s it will use for its Project Sunrise ultra-long-range flights; it has also finalized orders for Airbus narrowbodies to replace its domestic fleet.

SkyWest Airlines is placing 47 Embraer E175s into service from the 2022 first quarter (Q1) through early 2023, as demand for dual-class regional jets remains strong despite higher fuel prices and a national shortage of pilots.

Although Frontier Airlines is seeing higher levels of pilot attrition, the ULCC has an excess of pilots in the short term.

Norwegian startup Norse Atlantic Airways has started selling tickets for its transatlantic services, together with announcing inaugural dates for its initial batch of routes.