Airlines & Lessors

Air Canada has opted to purchase two Airbus A220s from an order the company previously canceled now that it has a more informed view of its recovery from the COVID-19 pandemic.

Denmark-based logistics company AP Moller–Maersk is buying two Boeing 777F dedicated freighters.

British Airways (BA) has moved to further bolster its balance sheet with agreement on a new credit facility with a UK government agency.

Gulf Air has joined the trend of airlines developing new revenue streams by launching private charter services using its mainline aircraft.

The move is part of a restructuring process to tackle the embattled flag-carrier’s debt.

Japan Airlines (JAL) is seeing signs of financial improvement based partly on a strengthening domestic recovery, although it is still predicting a heavy loss for its full fiscal year.

The easing of many domestic border restrictions in Australia will give a welcome boost to the local airline industry as carriers ramp up their interstate networks again.

Ahead of the 2021 Dubai Airshow, Gulf carriers are still powerful industry forces but follow different paths and press to adjust their fleet plans.

The airline said help in the form of new staff members is on the way. Some 1,800 flight attendants on leave started to return Nov. 1, and the airline said it will hire 4,000 total staffers by year end.

Irish LCC Ryanair is anticipating a deeper €100-200 million ($116-231 million) loss for fiscal 2022 because of low yields, despite narrowing its interim net loss from €411 million to €48 million.

When the delta coronavirus variant slowed the recovery of business travel for U.S. airlines, leisure passengers opting to buy premium travel experiences helped to backfill that demand.

The agreement between the ULCCs is designed to strengthen connectivity between Colombia and Mexico.

Ryanair is re-evaluating its London Stock Exchange (LSE) listing, following the UK’s exit from the EU (Brexit).

AerCap announced its planned takeover of its main competitor in March 2021, laying the foundations for the creation of a mega-lessor, four times the size of its nearest rival.

VietJet Air has signed a $400 million contract with Rolls-Royce for Trent 700 engines to power the LCC’s new Airbus A330-300s.

The latest quarterly results from China’s big three state-owned airlines show the recovery of their balance sheets has slowed after sporadic COVID-19 outbreaks across the country.

Startup Breeze looks to shake up low-cost market with roomier cabins.

CAE said it is buying AirCentre to expand its reach beyond pilot training and establish CAE as a technology leader in the growing marketplace for industry-leading, digitally enabled flight and crew-operations solutions.

Norwegian regional carrier Widerøe has launched a new sister-company to tackle what it describes as the regulatory, commercial and financing challenges facing airlines when purchasing and operating future non-fossil fuel-powered aircraft.

The air travel industry is a long way from normal, as defined by demand and traffic levels in 2019.

A virtual customer service app developed to provide socially distanced support during the COVID-19 pandemic has evolved into an integral tool that helps United Airlines quickly re-book passengers during irregular operations (IROPS).

Allegiant Air is stocking spare parts and adding mechanics ahead of its next peak-flying period—part of the carrier's strategy to get ahead of supply

The Alitalia successor will place its code on all Air Malta flights between Malta and Italy.

All Nippon Airways (ANA) has downgraded its financial outlook for fiscal 2021, as improvements in the second half of the year will not be enough to offset a weaker first half.

Philippine Airlines (PAL) owner Lucio Tan is injecting $505 million in fresh capital and debt financing into the airline as the flag carrier lays out plans to become profitable in 2022.