Airlines & Lessors

A sale of Italy's newly founded legacy carrier has been further delayed by the resignation of Prime Minister Mario Draghi.

Diarmuid Ó Conghaile—CEO-designate of the Irish Aviation Authority (IAA) and former CEO of Malta Air, a Ryanair Group airline—has been named MD of Wizz Air Malta, which will be established later in 2022.

Frontier Airlines is adding five international destinations to its growing Atlanta Hartsfield-Jackson Airport (ATL) station, part of a long-term push to boost capacity across its network.

KLM has reached an agreement in principle with its pilots’ union for a two-stage pay rise.

International Airlines Group (IAG) has become a shareholder in Air Europa, after converting its loan to parent company Globalia into a 20% stake in the Spanish airline.

American Airlines has placed a firm order for 20 Boom Supersonic Overture airliners.

American Airlines says the premiums will be strictly temporary, but others are less sure.

The ULCC has blamed a “stupid and illogical” tax imposed by the Hungarian government.

Archer Aviation’s production electric air taxi, called the Midnight, is being designed to fly 45 back-to-back 20-mi. missions a day with a pilot and four passengers and a 10-min. recharge between flights, at prices comparable to ground ride-sharing, the startup has revealed.

South African Airways (SAA) has been contacted by South Africa’s Air Services Licensing Council (ASLC) over possible license breaches related to company financial reporting and its planned equity partnership.

Icelandic LCC PLAY now has six active Airbus A320 family aircraft, putting it on track to operate a 10-strong fleet by spring 2023.

The decision will allow the airline to cut certain flights from three airports while maintaining slot usage rights.

Scandinavian Airlines (SAS) has signed an agreement with U.S. private equity firm Apollo Global Management, which will provide $700 million in debtor-in-possession (DIP) financing to see the airline through Chapter 11.

The 20 new-generation aircraft will replace the airline's existing A330ceo fleet.

Thai Airways is bringing back long-haul services as Thailand's COVID restrictions have eased.

The latest round of feuding was prompted by recently issued FAA pilot supply data that shows 8,823 newly certificated commercial pilots were produced in the last 12 months in the U.S.

As the cargo sector adapts to the new normal, the messages are mixed: while the pandemic boom times might be over, e-commerce demand is expected to drive growth in the long-term.

The countries have signed an agreement to remove a cap on the number of flights and capacity.

Russia’s largest cargo carrier, Volga Dnepr Group, is changing its ownership in order to avoid sanctions imposed by the UK against its long-term founder and president.

Philippines’ Cebu Pacific remained in the red, primarily due to pressures from fuel prices and a weakened peso.

While international capacity is accelerating in the Asia-Pacific region, the recovery has been twice as strong in Europe and North America.

Aircraft lessors are optimistic that strong demand for air travel, combined with continued aircraft and engine supply constraints, bode well for their prospects in coming years.

Azul Airlines is hinting it could soon announce changes to its fleet transformation plan as it looks to broaden the number of next generation aircraft in its fleet.

The measure led to many airlines having to reduce the number of flights, or limit the number of passengers on services, with many having their flights canceled and rearranged.

The Sharjah-based LCC will continue to invest in expanding its fleet and route network, as well as developing its new joint ventures in Armenia and Pakistan.