Airlines & Lessors

By Bradley Perrett
Private ownership in China has been in retreat, because governments are willing to pay for air services.
Airlines & Lessors

By Ben Goldstein
A survey from Gallup and Franklin Templeton of over 10,000 American recent flight passengers found 52% of respondents are not comfortable flying during the COVID-19 pandemic, suggesting that airlines’ efforts to persuade customers about the safety of flying have had limited success.
Airlines & Lessors

By David Casey
Ryanair will increase flights to more than 60% of its normal schedule throughout August following the “successful resumption” of services at the end of June.
Airlines & Lessors

By Alan Dron
Sentiment in the airline industry improved slightly, although the overlying mood remained downbeat, according to the latest IATA Airline Business Confidence Index.
Airlines & Lessors

By Alan Dron
Lessor Dubai Aerospace Enterprise (DAE) turned in a reduced net profit of $121.7 million for the first half (H1) of 2020, compared to $197.1 million for the year-ago period.
Airlines & Lessors

By Alan Dron
Etihad Airways was on track for its best result since 2015 before it ran into the COVID-19 pandemic, the airline said Aug. 6.
Airlines & Lessors

By Ben Goldstein
Delta Air Lines CEO Ed Bastian confirmed that 20% of the company’s workforce voluntarily departed the week of July 27, raising the odds that Delta will avoid mass furloughs of the proportions previewed recently by American Airlines and United Airlines.
Airlines & Lessors

By Adrian Schofield
Air New Zealand has begun operational use of required navigation performance (RNP AR) approaches with its ATR 72-600 fleet, the first time the technology has been employed on this aircraft type.
Airlines & Lessors

By Maxim Pyadushkin
Russia’s largest airline group Aeroflot is to soon receive a massive cash injection from its major shareholder, the Russian government, through a rights issue.
Airlines & Lessors

By Kurt Hofmann
Lufthansa Group said the collapse in demand for air travel following the outbreak of COVID-19 leaves it no choice but to start making redundancies in Germany and scrap 100 of its aircraft.
Airlines & Lessors

By Helen Massy-Beresford
Alitalia unions have threatened to strike as they sound the alarm over delays to the flag-carrier’s relaunch plan.
Airlines & Lessors

By Chen Chuanren
Vietnam Airlines will reportedly halve the pay of its pilots and cabin crew after the flag-carrier saw a 68% year-on-year (YOY) fall in revenue for the second quarter.
Airlines & Lessors

By Ben Goldstein
Sixteen Republican Senators signed on to a letter urging the chamber’s leadership to extend the CARES Act Payroll Support Program (PSP) until March 2021, signaling growing bipartisan consensus that more aid will be needed to avert mass layoffs this fall.
Airlines & Lessors

By Alan Dron
A burst of growth in Air Serbia’s passenger numbers, route network and capacity in 2019 was accompanied by a drop in profits for the year.
Airlines & Lessors

By Adrian Schofield
Virgin Australia has revealed plans for its scaled down post-coronavirus operation, which involve major changes to its workforce, network and fleet.
Airlines & Lessors

By Chen Chuanren
Upping the ante from the successful “airport boarding” experience in July, Taiwan’s four carriers all launched flights-to-nowhere in line with Father’s Day celebrations on Aug. 8.
Airlines & Lessors

By Chen Chuanren
Garuda Indonesia’s financial situation worsened as lessors took legal action for unpaid leases and government aid to help the flag-carrier weather the COVID-19 crisis has yet to arrive.
Airlines & Lessors

By Adrian Schofield
Asia-Pacific has led the way on low-cost long-haul, but even the pioneers are facing post-coronavirus challenges.
Airlines & Lessors

By Karen Walker
UK carrier Virgin Atlantic, which is 49% owned by Delta Air Lines, filed for bankruptcy protection in a New York court Aug. 4. The move comes just
Airlines & Lessors

By Ben Goldstein
Frontier Airlines has issued formal furlough notifications to 35% of its flight attendants and pilots, becoming the latest U.S. carrier to warn of coming job losses following the end of federal payroll support on Oct. 1.
Airlines & Lessors

By Ben Goldstein
The major U.S. airlines have removed near-term bankruptcy risk from the table, helped by massive infusions of public and private financing—but their regional affiliates have not all been as fortunate.
Airlines & Lessors

By Adrian Schofield
Australian regional and charter carrier Alliance Aviation is buying a fleet of Embraer E190s to take advantage of growth opportunities it foresees in the local market.
Airlines & Lessors

By David Casey
Indian LCC SpiceJet has secured slots at London Heathrow (LHR), which will allow the airline to commence flight services to the UK in September.
Airlines & Lessors

By Bradley Perrett
A city government in eastern China will take a stake in privately held Ruili Airlines, extending a trend toward growing state ownership in the country’s commercial aviation sector.
Airlines & Lessors

By Chen Chuanren
Vietnam’s Pacific Airlines has unveiled its livery and branding, transitioning from its former guise Jetstar Pacific after Qantas announced its exit from the joint venture in mid-June.
Airlines & Lessors