Airlines & Lessors

Porter Airlines will use Embraer’s aftermarket services to maintain its E195-E2 fleet, providing the airline with separate long-term support agreements for major airframe and engine maintenance needs.

The partnership will support the government-led initiative to commercialize UAM in South Korea by 2025.

Juniper plans to build a portfolio valued at about $600 million within five years consisting of 20-25 freighters, depending on the mix of narrowbodies and widebodies.

Austrian Airlines, Brussels Airlines and Swiss International Airlines also warned of ongoing uncertainty in the COVID-19 situation and urged further easing of transatlantic travel restrictions on the U.S. side.

Delta Air Lines and LATAM Airlines Group continue to stress their proposed immunized joint venture is a necessary counterbalance to American Airlines’ dominance on routes from the U.S. to Latin America.

U.S. Senate lawmakers are gathering information on how several carriers, including American, have managed workforce issues during the downturn while collecting payroll-relief funds.

Fifteen of the MAX jets will financed through direct operating leases, nine with sale-leasebacks, and the remaining four through finance leases.

The era of Asian LCCs outdoing each other with massive narrowbody orders is probably over for the foreseeable future, as digesting their current backlogs will be enough of a challenge.

Airlines around the world lost more than $126 billion in 2020 as the COVID-19 pandemic cratered demand for air travel, according to IATA.

Like many other carriers, Air France is boosting its services to leisure destinations as it seeks to adapt to shifts in returning demand.

The new interline agreement will allow Emirates passengers to connect via Mexico City to 12 destinations in Aeromar’s network.

The deal will commence on Jan. 1, 2023 although the two carriers said they would continue to “evaluate options with respect to an earlier contract start date.”

The Civil Aviation Administration of China (CAAC) has approved the establishment of e-commerce giant JD.com’s own cargo airline.

The new tie-up can be considered an experiment to determine customer appetite for the melding of the ULCC and full-service carrier business models.

In tandem with JetBlue’s announcement, the Port Authority of New York and New Jersey will greenlight the airline’s plans to develop a Terminal 6 at JFK.

Volaris is set to enter the Honduran market later this year after the signing of a MOU between the Mexican carrier and the government of Honduras.

Qantas plans to stand down 2,500 of its employees for at least two months.

Icelandic cargo operator Bluebird Nordic has embarked on a radical expansion program.

Japan Airlines is getting to grips with its cash burn which was caused by the onset of the COVID-19 crisis.

Optimistic of passenger demand increasing in the near future, China’s Juneyao Air is raising funds to procure five new aircraft.

Global logistics operator DHL Express has launched a cargo variant of Eviation’s Alice electric regional aircraft as part of pioneering plans to establish a sustainable electric express freight network from 2024 onwards.

German tour operator TUI Group is consolidating its five airlines into TUI Airline that will serve as an internal operational platform.

United Airlines CEO Scott Kirby is betting that corporate and long-haul international traffic will fully recover over the next few years—and that United will be ready to meet it with its network of large coastal hubs and fleet of premium-heavy aircraft.

Avelo, an all-Boeing 737 Next Generation-series operator, plans to tap its flight data and GE’s repository of algorithms to monitor and improve its operation across the board.

Long-haul, low-cost startup Norse Atlantic Airways is to acquire a second tranche of leased aircraft in preparation for its planned launch in late 2021.