Airlines & Lessors

Under the new 2021-2025 business plan the ITA fleet is set to grow to 78 aircraft by 2022 and, with the gradual addition of new generation aircraft to the fleet, 105 by the end of 2025.

With a fuel tax, SAF quotas and emissions-trading changes, "Fit for 55" adds up to higher airline operating costs.

At the launch of Eurowings Discover its CEO has laid out plans for the new leisure carrier to operate a 21-strong all-Airbus fleet by summer 2022.

Logic dictates that the stark differences in the full-service and ultra-low-cost business models would prohibit those operators from ever forging partnerships.

In its latest act of support for EU carriers, the European Commission (EC) has approved further assistance for Scandinavian Airlines (SAS).

Cathay Pacific is due to introduce its first Airbus A321neos into service in August, as the carrier continues to gradually increase its network and capacity.

A combination of employment-preservation measures has allowed TAP Air Portugal to radically reduce the number of redundancies it initially planned to make as a result of the pandemic.

Domestic travel restrictions are likely to remain in place in Malaysia into the 2021 fourth quarter (Q4), causing a major setback for Malaysia Airlines’ recovery timetable.

The Helsinki-based carrier is set to reassess its strategy in the fall as a result of COVID-19's impact on the sector.

Vietnam Airlines is considering whether to set up a dedicated air freight operation and has also decided to sell ATR 72-500s.

Rossiya hopes to deploy the narrowbody in summer 2022 after receiving assurances from airframer Irkut regarding the delivery schedule for the aircraft.

While airlines in the region are looking to cut costs, many environmental initiatives are advancing.

According to the EGC ruling, the measure does not discriminate against Ryanair and Laudamotion.

Spirit Airlines is working to add leased aircraft to fill some gaps in its Airbus orderbook during the next couple of years in order to reach annual growth targets in the mid-teens range.

For Europe’s airlines enjoying the summer resurgence of demand, more COVID-shaped clouds are most likely on the horizon.

Delta projects that its domestic corporate travel business volume will be about 60% of comparable 2019 figures by September, accelerating from 20% in March.

Sharjah-based Air Arabia and the Armenian National Interests Fund (ANIF) signed an agreement July 14 to create an independent joint venture airline that will operate as an LCC.

The European Commission has laid out sweeping new sustainability legislation for aviation that includes tighter rules for its emissions trading scheme (EU-ETS), quotas for sustainable aviation fuel (SAF) and a fuel tax for intra-European flights.

There could be an opportunity for AirAsia’s Indonesian unit to improve its market position when travel restrictions ease in Indonesia, according to AirAsia Group CEO Tony Fernandes.

KLM has declared that its network to the Caribbean and South America has regained its old strength now that the carrier is serving 17 destinations this summer.

Delta Air Lines is taking advantage of opportunities in the used aircraft market to fortify its fleet.

When it comes to crossover narrowbody jets, the number of lessors which have ordered from either the Embraer E-Jets E2 family or the Airbus A220 pairing is considerably fewer than those with Airbus A320neos or Boeing 737 MAXs in their portfolios.

American Airlines is projecting total 2021 second quarter (Q2) revenue to be down 37.5% compared to 2019’s comparable period, an improvement from its previous estimate of down 40%, the company said July 13.

In a further sign of the growing strength of the market for converted narrowbody cargo capacity, lessor BBAM Aircraft Leasing & Management has signed up for a further 12 Boeing 737-800BCF freighters.

News that UAE-based LCC flydubai has chopped 65 Boeing 737 MAXs from its orderbook demonstrates the severity of the pandemic’s effect on the carrier.