Airlines & Lessors

Lufthansa and Turkish Airlines’ joint venture SunExpress has named Armin Bovensiepen as the company’s new director strategy and transformation, beginning Oct. 14.
Airlines & Lessors

By Helen Massy-Beresford
Air France-KLM’s low-cost unit Transavia has appointed Air France-KLM cargo chief Marcel de Nooijer as its new CEO from Jan. 1, 2020, succeeding Mattijs ten Brink, who left at the end of September.
Airlines & Lessors

By Tony Osborne
The British government plans to introduce reformed airline insolvency legislation in a bid to strengthen consumer protections and provide more oversight of distressed airlines.
Airlines & Lessors

By Jens Flottau
The European Commission (EC) cleared the way for a government-backed emergency loan granted to leisure carrier Condor, giving the company much needed financing for the winter season and more time to find a new investor.
Airlines & Lessors

Alaska Air Group and Spirit Airlines both revised their third-quarter guidance to reflect improvements in unit revenue and non-fuel costs.
Airlines & Lessors

Malaysia Airlines Berhad (MAB) reported a net loss of MYR791.7 million ($190.5 million) for 2018, narrowed from a MYR812.1 million loss in the previous year.
Airlines & Lessors

By Jens Flottau
Narrowbody aircraft capable of long-haul flying will open substantial new market opportunities to LCCs, industry executives said at the CAPA Low-Cost Long-Haul Global Summit in Hamburg.
Aircraft & Propulsion

By Adrian Schofield
Air New Zealand has named Greg Foran, the head of the US division of retail giant Walmart, as its next CEO.
Airlines & Lessors

American Airlines is reorganizing its operations and customer service management teams following a tumultuous summer that led to a spike in delays and cancellations.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s Atran Airlines, an air express subsidiary of Volga-Dnepr Group, has reported increased traffic growth from China to Russia while taking delivery of its second Boeing 737-800BCF on Oct. 10.
Airlines & Lessors

Delta Air Lines posted a 2019 third-quarter adjusted net profit of $1.5 billion, up 21.5% from $1.2 billion in the year-ago quarter.
Airlines & Lessors

By Helen Massy-Beresford
European regional airlines are expecting a difficult operating environment to continue in the coming months, with macroeconomic and political uncertainty, as well as hefty fuel bills causing headaches for smaller carriers in a region that has already seen four airline collapses in the past month.
Airlines & Lessors

By Jens Flottau
Lufthansa’s executive board member Harry Hohmeister sees “a lot of difficulties” if the company tries to take over leisure carrier Condor.
Airlines & Lessors

The Civil Aviation Authority of Vietnam (CAAV) has introduced a series of recommendations to both the Ministry of Transport and local airlines, warning of overcapacity if airlines do not keep track of their own fleet expansion.
Airlines & Lessors

By Sean Broderick
American Airlines narrowed its third-quarter revenue guidance and said the absence of Boeing 737 MAXs from its operation shaved $140 million off its 3Q pre-tax income and resulted in 9,475 flight cancellations.
Airlines & Lessors

Air France-KLM chief executives say it is too early to see how the new strategic cooperation between Delta Air Lines and Chile’s LATAM Airlines will affect the SkyTeam alliance and its member-partners.
Airports & Networks

By Helen Massy-Beresford
UK LCC easyJet expects its full-year profit to be at the top end of its previous estimates, helped partly by increased demand because of strikes at British Airways and Irish LCC Ryanair.
Airlines & Lessors

By Adrian Schofield
Hawaiian Airlines has revised its financial outlook for the third quarter as a result of a better-than-expected revenue performance.
Airlines & Lessors

By Thierry Dubois
Spanish LCC Volotea has been awarded a five-year contract by Airbus to operate twice-daily return flights between the airframer’s main production sites in Toulouse and Hamburg.
Aircraft & Propulsion

Colombia’s Avianca Holdings has reached an agreement with United Airlines Holdings and Kingsland Holdings S.A. that would see the Latin American carrier receive financing of up to $250 million while it executes a debt re-profiling plan.
Airlines & Lessors

Peruvian Airlines has suspended all operations “until further notice,” after its bank accounts were frozen by Peruvian customs authorities over tax irregularities, the company announced Oct. 4.
Airlines & Lessors

The Air France-KLM Group has seen a major improvement in operations since reaching labor stability, CEO Ben Smith said during a press conference in Amsterdam.
Airlines & Lessors

By Adrian Schofield
Philippine Airlines (PAL) has developed a new business plan to help restore the carrier to financial health and has reported more changes in its senior leadership ranks.
Airlines & Lessors

AirAsia and its long-haul subsidiary AirAsia X have filed a MYR479.8 million ($114.6 million) claim at the Kuala Lumpur High Court against Malaysia Airports, the operator of Kuala Lumpur International Airport’s (KLIA) two terminals.
Airports & Networks

By Alan Dron
Efforts to return some 150,000 customers of failed leisure operator Thomas Cook Airlines are scheduled to conclude this weekend, with the UK’s aviation regulator hailing the success of what has been described as the country’s largest peacetime repatriation effort.
Airlines & Lessors