Airlines & Lessors

By Adrian Schofield
Qantas has removed four of its Boeing 737 freighters from service because of a potential defect on parts fitted during their conversion from passenger aircraft.
Air Transport

By Helen Massy-Beresford
In 2020, easyJet will base two more aircraft in France and open up seven new routes—four from Bordeaux, two from Toulouse and one from Nice—as the UK LCC continues expansion plans in the French market.
Air Transport

By Karen Walker
IATA has again revised downward its forecast for the net profit that the world’s airlines will post in 2019—describing it as a “tough year”—but is optimistic for an uptick in 2020.
Air Transport

Starting April 1, 2020, Cathay Pacific will offer a HK$0.30 ($0.04) concession for every kilogram off its terminal charge at Hong Kong International Airport (HKIA) for general and special export cargo carried on the group’s four carriers—Cathay Pacific Airways, Cathay Dragon, AHK Air Hong Kong and HK Express.
Airlines & Lessors

Lufthansa Group subsidiary Brussels Airlines has appointed Dieter Vranckx as CEO and CCO, succeeding Christina Foerster, from Jan. 1, 2020, as the company continues to significantly change the group structure.
Airlines & Lessors

By Sean Broderick
Avianca Holdings has completed a major debt restructuring and landed up to $125 million in new financing from a group of investors, giving it additional flexibility to execute its turnaround plan.
Airlines & Lessors

By Jens Flottau
Lufthansa plans to significantly change the group structure in a move that analysts hope will make it more attractive for investors.
Airlines & Lessors

By Thierry Dubois
The advent of two-pilot crews in long-haul operations—without a third pilot for rotation during the flight—may be as close as five to six years from now, according to Groupe Dubreuil’s chief airline executive.
Air Transport

By Karen Walker
IATA has again revised downward its forecast for the net profit that the world’s airlines will post in 2019—describing it as a “tough year”—but is optimistic for an uptick in 2020.
Airlines & Lessors

By Sean Broderick
Avianca Holdings has completed a major debt restructuring and landed up to $125 million in new financing from a group of investors, giving it additional flexibility to execute its turnaround plan.
Air Transport

By Victoria Moores
KLM Royal Dutch Airlines has announced plans to buy an undisclosed quantity of used cooking oil-based sustainable aviation fuel (SAF) from Finnish company Neste, which will supply flights from Amsterdam Schiphol on a drop-in basis.
Air Transport

By Michael Bruno
British jet engine maker Rolls-Royce said Bradley Singer, the chief operating officer of activist investor ValueAct Capital and Rolls-Royce’s largest shareholder, left the board of directors Dec. 9.
Air Transport

By Victoria Moores
Lufthansa Group has concluded a purchase agreement with Swiss catering specialist gategroup, which will acquire the European business of Lufthansa catering division LSG Group for an undisclosed sum.
Airlines & Lessors

By Adrian Schofield
Addressing the FAA’s safety oversight concerns could be a multiyear effort for Malaysia’s regulator, which is the latest in Asia to be downgraded.
Air Transport

LATAM Airlines Group and International Airlines Group (IAG) have decided to abandon plans for an immunized joint venture between LATAM and IAG subsidiaries British Airways and Iberia, LATAM announced in a security filing Dec. 6.
Airlines & Lessors

LATAM Airlines Group and International Airlines Group (IAG) have decided to abandon plans for an immunized joint venture (JV) between LATAM and IAG subsidiaries British Airways and Iberia, LATAM announced in a security filing Dec. 6.
Air Transport

Santiago-based SKY Airline has signed a purchase agreement with Airbus for 10 A321XLRs, confirming the Chilean LCC was behind the undisclosed Sept. 30 order for 10 of the new-generation narrowbodies.
Air Transport

By Victoria Moores
Lufthansa Group has concluded a purchase agreement with Swiss catering specialist gategroup, which will acquire the European business of Lufthansa catering division LSG Group for an undisclosed sum.
Air Transport

By Kurt Hofmann
Hungarian LCC Wizz Air sees opportunities for growth as it looks toward receiving Airbus A321XLR long-haul narrowbodies beginning in 2023.
Air Transport

By Helen Massy-Beresford
Italy has named a new special administrator to oversee Alitalia, after plans for a consortium of investors to put forward a rescue plan for the bankrupt carrier failed to materialize.
Air Transport

By Jens Flottau
Air Malta plans to introduce two Airbus A321XLRs to its fleet in 2024 enabling the airline to launch its first long-haul services.
Air Transport

Chen Chuanren
The Hong Kong Air Transport Licensing Authority (ATLA) has decided not to take action against LCC Hong Kong Airlines (HKA) “for the time being” after the carrier secured cash last week to pay employees and keep operations afloat.
Airlines & Lessors

By Alan Dron
Icelandic LCC startup PLAY has postponed initial sales of tickets, as local media reported the founders are offering a greater stake in the business to outside investors.
Airlines & Lessors

By Helen Massy-Beresford
Italy has named a new special administrator to oversee Alitalia, after plans for a consortium of investors to put forward a rescue plan for the bankrupt carrier failed to materialize.
Airlines & Lessors

Spirit Airlines is suing the U.S. Department of Transportation (DOT), alleging the department violated federal law by withholding peak-hour slots at Newark Liberty International Airport (EWR) formerly belonging to Southwest Airlines.
Air Transport