Airlines & Lessors

By Adrian Schofield
The decision by some Australian states to reopen borders for domestic travel has prompted Australia’s major airlines to restore suspended routes and boost frequencies on others.
Airlines & Lessors

By Ben Goldstein
In a last-ditch effort to prevent mass airline employee furloughs beginning Oct. 1., two U.S. Senate Republicans introduced a bill to extend the Payroll Support Program (PSP) through March 31, 2021.
Airlines & Lessors

By Sean Broderick
American Airlines has issued a tentative 737 MAX pilot instruction schedule that would have computer-based lessons begin in five weeks, simulator sessions starting in November and all 4,200 of its 737 pilots trained by February 2021.
Airlines & Lessors

By Jens Flottau
Lufthansa decided to deepen the cuts to its fleet and staffing levels after determining that air transport is not recovering as fast as it had hoped.
Airlines & Lessors

By Alan Dron
Prospects for two South African airlines have taken a turn for the better after the country’s government said it would not allow the national carrier to fail, while regional airline Comair’s creditors agreed a route out of administration.
Airlines & Lessors

By Ben Goldstein
Delta Air Lines will seek to raise $9 billion in debt backed by its SkyMiles frequent-flier program, amounting to a nearly 40% increase from previous plans to raise $6.5 billion.
Airlines & Lessors

By Kurt Hofmann
Lufthansa subsidiary Austrian Airlines is facing yet another setback: new travel warnings for the Vienna region.
Airlines & Lessors

By Helen Massy-Beresford
The mix-and-match of different testing and quarantine requirements that are currently holding back the region’s recovery must come to an end, and European authorities are on the case.
Airlines & Lessors

By Lori Ranson
South American operator Avianca Holdings has hit a stumbling block in its Chapter 11 restructuring after a Colombian court issued an injunction against a $370 million loan the country’s government has offered to the company.
Airlines & Lessors

By Adrian Schofield
Eastar Jet appears to be making progress in its talks to find a new purchaser that could see the heavily indebted South Korean LCC return to the skies.
Airlines & Lessors

By Chen Chuanren
China’s Spring Airlines took delivery of its first Airbus A321neo at the Airbus Tianjin Delivery Center on Sept. 18.
Airlines & Lessors

By Kurt Hofmann
RwandAir will not take delivery of two Airbus A330neo or two 737 MAX 8 as had been planned any time soon as the Rwandan flag-carrier must first restore its network and simplify its fleet.
Airlines & Lessors

By Adrian Schofield
The collapse of Asiana and Eastar Jet acquisition deals signal restructuring for both airlines, while new LCCs face launch challenges.
Airlines & Lessors

By Aaron Karp
Leasing companies are helping airlines raise cash and realign their fleets.
Airlines & Lessors

By Sean Broderick
Southwest Airlines is correcting inaccurate weight data for 115 Boeing 737-800s after discovering a 75 lb. discrepancy between what its dispatch team had and the actual figures.
Airlines & Lessors

By Ben Goldstein
Southwest Airlines is taking an axe to its November schedule, despite observing moderately improved demand trends in recent weeks.
Airlines & Lessors

By Alan Dron
One of the unions representing British Airways (BA) cabin crew and ground staff has accused the airline’s CEO of misleading parliamentarians over whether staff will be subject to “fire and re-hire” tactics at the company.
Airlines & Lessors

By Alan Dron
International flights to and from South Africa will resume Oct. 1, the country’s president Cyril Ramaphosa has announced.
Airlines & Lessors

By Ben Goldstein
Elected leaders of the union representing United Airlines pilots unanimously approved a tentative deal that would take nearly 3,000 involuntary furloughs off the table through June 2021, substantially upping the likelihood that pilots will avoid mass furloughs planned across the company this fall.
Airlines & Lessors

By David Casey
AirAsia Japan plans to suspend all flights from the beginning of October as the impact of the COVID-19 crisis continues to dampen passenger demand.
Airlines & Lessors

By Ben Goldstein
A post-Labor Day wind-down, combined with a looming payroll support funding cliff, sets air transport sector up for an uncertain fall.
Airlines & Lessors

By Ben Goldstein
In a normal year, September marks the month when U.S. carriers enter their off-peak period. But 2020 has been anything but normal.
Airlines & Lessors

By Victoria Moores
Shareholders at Russian carrier Aeroflot have approved plans to issue up to 1.7 billion new shares to help the company weather the COVID-19 crisis.
Airlines & Lessors

By Victoria Moores
Icelandair Group is now anticipating a $363 million EBIT loss for 2020 and a further $43 million loss in 2021, before climbing back to profitability in 2022 and building to a $175 million positive EBIT by 2024.
Airlines & Lessors

By Karen Walker
József Váradi was one of the founders of Wizz Air in 2003. He previously worked at Procter & Gamble for 10 years and then Malév Hungarian Airlines. He
Airlines & Lessors