Airlines & Lessors

Lufthansa Chairman and CEO Carsten Spohr believes it could be a profitable area for Lufthansa Cargo.

Qantas is expanding its agreement with Australia’s Alliance Airlines to increase the amount of regional jet capacity provided by Alliance.

Philippine Airlines confirmed its intentions as it posted a record annual net loss of PHP73 billion ($1.5 billion) for fiscal 2020.

SWISS is changing its business as it believes it is facing structural changes to its market that will see a 20% decline in customer demand in the medium term.

Arjan Meijer, president and CEO of Embraer Commercial Aviation, sits down with AW&ST to chat about technology and aviation’s status quo.

Southwest Airlines grounded portions of its fleet because of technical issues, leaving passengers stranded at airports around the U.S.

When it comes to lifting Canada’s tight travel restrictions, any news is good news, even if a certain level of opaqueness surrounds movement in a positive direction.

British Airways (BA) CEO Sean Doyle has appealed to the UK government to take advantage of the country’s successful COVID-19 vaccine roll-out to restart air services.

UK leisure carrier Jet2 has joined the ranks of airlines bolstering their balance sheets through stock market offerings.

US carriers JetBlue and United Airlines, Mexican low-cost carrier Viva Aerobus, Qatar Airways Cargo, Incheon International Airport in Seoul, and former IATA director general and CEO Alexandre de Juniac have been named winners in the 2021 Air Transport World Airline Industry Achievement Awards.

The first aircraft, of which Ryanair has 210 on order, flew overnight from Seattle to land in Dublin Airport June 16.

This means the country’s airlines have to endure at least four more months with little domestic passenger revenue.

In a sign of a further alignment of UAE carriers Etihad Airways and Air Arabia, the two airlines plan to link their respective loyalty schemes.

The administrators have appointed Suvadhana Sibunruang, Thai Airways’ chief human resources, as acting CEO between June 16 to Sept. 30 as they get to work on implementing the rehabilitation plan for the flag-carrier.

In a stark contrast with U.S. domestic leisure travel, which is projected to reach 99% of its pre-pandemic peak in 2022 and then continue to grow, only about 35% of U.S. companies are currently engaging in any business-related travel.

Many countries in the region are making little progress in reopening borders as vaccination rates lag.

TAP Portugal will appoint former Flybe CEO Christine Ourmieres-Widener to become the company’s new CEO.

Lufthansa Group is forecasting positive cashflow in the second quarter and aiming for an adjusted EBIT margin of 8% or more in 2024, as preparations for a capital increase begin.

Royal Jordanian has reached an agreement with one of its larger lessors and is in final negotiations with three other lessors, as part of the carrier’s post-pandemic restructuring.

Spirit Airlines plans to resume capacity growth from pre-pandemic levels during the 2021 third quarter (Q3), fueled by an expansion in Miami and faster than expected training of new crewmembers.

Air Canada is in the process of converting 767s that have been retired from its passenger fleet into freighters.

WestJet CCO John Weatherill said the carrier was committed to “putting international investments in place” to support the recovery of Canada’s economy.

Emirates Airline’s CEO says the Gulf carrier’s underlying strength and sustained profit record will help it to bounce back from the pandemic faster than many other airlines.

After a promising period of recovery near the end of 2020, Colombia began battling a third wave of coronavirus infections in early 2021.

The airline, based in the city whose name it carried, took over the Antwerp-London City Airport route previously successfully flown by Flemish carrier VLM, which filed for bankruptcy in 2016.