Airlines & Lessors

By Sean Broderick
Spirit Airlines and its Air Line Pilots Association (ALPA)-represented pilots have agreed to provisions that will prevent furloughs, the pilots said Aug. 25.
Airlines & Lessors

By Adrian Schofield
A handful of Asia-Pacific governments are taking tentative—yet significant—steps to resume international travel with certain countries.
Airlines & Lessors

By Victoria Moores
Croatia Airlines has been working to renegotiate an order for four Airbus A320neos, but nearly a year’s worth of talks have stalled in light of the COVID-19 crisis.
Airlines & Lessors

By Victoria Moores
Virgin Atlantic’s creditors have voted in favor of the UK long-haul carrier’s £1.2 billion ($1.6 billion) restructuring plan, ahead of two key court hearings to finalize the process on Sept. 2 and Sept. 3.
Airlines & Lessors

By Adrian Schofield
Administrators for Virgin Australia are recommending creditors vote to accept a proposed takeover of the company valued at A$3.5 billion ($2.5 billion).
Airlines & Lessors

By Alan Dron
The continuing effects of the COVID-19 pandemic have forced Indian Ocean carrier Air Austral to extend its suspension of services to most destinations until “at least” Sept. 30.
Airlines & Lessors

By Sean Broderick
Delta Air Lines COO Gil West, who played an instrumental role in integrating Northwest Airlines and cementing Delta’s position as arguably the most operationally reliable airline in its class, announced his retirement.
Airlines & Lessors

By Adrian Schofield
The Qantas Group is proposing to outsource its ground handling services at Australian airports, which would result in up to 2,500 job losses.
Airlines & Lessors

By Kurt Hofmann
Finnair has begun negotiations on 1,000 redundancies as a full recovery from the COVID-19 pandemic remains out of sight.
Airlines & Lessors

By Kurt Hofmann
Scandinavian Airlines (SAS) has deferred eight Airbus A320neos and two A350-900s deliveries citing the negative impact of COVID-19.
Airlines & Lessors

By Chen Chuanren
China Express Airlines managed to stay profitable for the first six months (H1) of an eventful year thanks to its unique operating model as a feeder airline and the quick implementation of cost-saving measures.
Airlines & Lessors

By Michael Bruno
One major provider is exiting the business, but leading flight simulator makers and pilot training companies do see bluer skies.
Maintenance & Training

By David Casey
Delta Air Lines is planning to resume more transatlantic and transpacific services to “top business and leisure destinations” during the winter 2020/21 and summer 2021 seasons, although some routes appear to be suspended indefinitely.
Airlines & Lessors

By Victoria Moores
London Luton-based Wizz Air UK is seizing opportunities created by the COVID-19 downturn, with the rapid addition of two new UK bases at Doncaster Sheffield and London Gatwick this fall.
Airlines & Lessors

By Ben Goldstein
Airline industry watchers were broadly supportive of the U.S. Government's Payroll Support Program (PSP) when it was passed by Congress as part of the CARES Act, hailing it as a vital lifeline to help U.S. carriers survive what was expected to be a temporary demand shock.
Airlines & Lessors

By Karen Walker
Ask the Editors: Industry has done a superb job in putting safety measures first, but a lousy job at relaying efforts to the public.
Airlines & Lessors

By Alan Dron
Kuwait-based lessor ALAFCO has reached an agreement with Airbus to defer the delivery of its on-order aircraft, as the world’s commercial aviation industry continues to shift into low gear amid the COVID-19 pandemic.
Airlines & Lessors

By Chen Chuanren
Singapore LCC Scoot has converted its first Airbus A320ceo specifically for cargo charter flights as it seeks alternate revenue streams during the COVID-19 pandemic.
Airlines & Lessors

By Alan Dron
ULCC Ryanair has found agreement with its Spanish pilots over pay cuts and improved productivity, but has so far failed to reach similar deals with its Spanish cabin crew.
Airlines & Lessors

By Adrian Schofield
Private equity investor Bain Capital has a seemingly clear run to complete its acquisition of Virgin Australia after the withdrawal of a rival takeover proposal.
Airlines & Lessors

By Victoria Moores
Nordic Aviation Capital (NAC) has reported a $639 million loss for the fiscal year ended June 30, which included both the best and most difficult
Airlines & Lessors

By Ben Goldstein
Breeze Airways has canceled plans to purchase defunct Compass Airlines’ operating certificate, marking the latest twist in the startup’s plan to launch domestic scheduled service in the U.S. in 2021.
Airlines & Lessors

By Ben Goldstein
There is never an easy time to launch an airline.
Airlines & Lessors

By Adrian Schofield
The Jetstar Group will have a smaller footprint outside Australia as it pulls out of one overseas joint venture (JV) and some of its other franchises shrink in size.
Airlines & Lessors

By Helen Massy-Beresford
Brussels Airlines has received the green light from the European Commission for a €460 million ($542 million) bailout package part-funded by the Belgian state that is designed to help the flag-carrier survive the COVID-19 crisis and support its turnaround plan.
Airlines & Lessors