Airlines & Lessors

The five Airbus A330s will mark the company’s first long-haul aircraft.

Korean Air is continuing to achieve quarterly operating profits, mainly attributable to its surging cargo operations offsetting lost passenger revenue.

India’s GoAir is preparing to issue shares in the carrier through an initial public offering (IPO) while also seeking to rebrand itself.

Russia’s Aeroflot Group has finally brought all of its subsidiary airlines to its home base, Moscow Sheremetyevo International, as part of efforts to optimize its network.

The all-business-class carrier now hopes to resume its transatlantic operations after more than a year of its scheduled services being suspended.

Alitalia’s operations have been heavily affected by Italy’s COVID-19 restrictions, which the European Commission said resulted in “significant operating losses” for the airline.

The airline is one of many in Southeast Asia that are undertaking restructuring efforts and streamlining their fleets.

With the dust settling from the COVID-19 pandemic, regional carriers are on the forefront of the domestic travel recovery now underway in the U.S.

The Los Angeles-based lessor is in discussions with Airbus regarding potentially exercising its options for the OEM’s smallest narrowbody, the A220.

The move comes as the regional carrier continues to eye cargo operations—and its DHL partnership in particular—as ripe with opportunity.

The move was prompted by Australian government statements this week that international travel to and from Australia will probably remain at low levels until mid-2022.

So far only three routes have been launched but the LCC intends to grow its network to 14 destinations from Russia’s busiest airport over the course of the summer season.

British Airways (BA) and Lufthansa are among the latest airlines to pause flights to Tel Aviv, following the likes of American Airlines, Delta Air Lines and United Airlines in suspending their services to Israel.

Alaska Air Group is adding more Boeing 737 MAX and Embraer aircraft to its fleet to prepare for a full recovery in U.S. domestic travel by the summer of 2022.

Luxembourg national carrier Luxair is cautiously optimistic about its prospects for the coming months, according to its annual report published May 10.

International Airlines Group (IAG) has taken further moves to bolster its balance sheet with the launch of an offering of senior unsecured bonds, convertible into ordinary shares.

While the concept of DHPs is not without controversy, DHPs can provide a safe and responsible solution to ease the current barriers to travel. But can they alone power a global travel resurgence?

LATAM Airlines Group and Delta Air Lines have received approval from the Colombian government for their joint venture (JV).

Turkish LCC Pegasus Airlines plans to operate a fleet almost entirely made up of Airbus A320neo family aircraft by 2025.

Company shareholders at AerCap’s annual meeting on May 12 approved the lessor’s acquisition of rival GE Capital Aviation Services (GECAS).

British Airways has announced plans for two additional domestic services this summer alongside frequency increases on 13 short-haul European routes.

The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.

Allegiant Air plans to increase its pilot roster by nearly 20% through early 2022 as it staffs up to support its aggressive growth strategy, the

IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.

A team of credit analysts from Moody’s upgraded their outlook for airlines from negative to positive, reflecting rising vaccinations and easing border restrictions around the globe, although significant variation exists between geographies.