Airlines & Lessors

Chinese startup Genghis Khan Airlines has begun flight tests on its first pair of Commercial Aircraft Corp. of China (COMAC) ARJ21-700 aircraft.

With the deadline for investors to present a formal bid and business plan for Alitalia approaching, Italian government ministers are still trying to firm up the structure of the consortium set to rescue the bankrupt carrier.

European fund manager STAR Capital Partnership has completed the acquisition of aviation group, ASL Aviation Holdings.

Asia-Pacific carriers are still grappling with many of the issues that eroded their profitability last year, the head of the region’s major airline industry group said.

A Canadian real estate developer is attempting to derail Air Canada’s planned acquisition of Air Transat by making a more valuable offer for the leisure carrier’s parent company.

what it describes as changing consumer habits and the increasingly strong demands for airline sustainability.

South African carrier Comair has acquired South African leasing and cargo specialist Star Air, as part of its continuing strategy of diversification.

Indian LCC SpiceJet expects dramatic fleet growth this year as it leases aircraft formerly operated by Jet Airways and eyes the resumption of Boeing 737 MAX deliveries.

Korean Air is planning to compete more vigorously against the LCCs that are increasingly moving into Korean’s markets, chairman Walter Cho said.

The US Department of Transportation (DOT) tentatively granted antitrust immunity for American Airlines and Qantas to operate a joint venture (JV) between the US and Australia/New Zealand, paving the way for the pair to expand coordination across planning, pricing, sales and logistics.

Icelandair will lay off 24 pilots and will not be hiring 21 new pilots, because of the ongoing worldwide grounding of the Boeing 737 MAX.

IATA has downgraded its industry profit outlook for 2019, as revenue gains are not expected to keep pace with costs, putting more pressure on margins.

With the looming possibility of the re-certification of the Boeing 737 MAX 8 by some regulators, Singapore Airlines (SIA) is monitoring the situation and waiting for a “minimum viable set” of countries to lift the suspension before the flag carrier restarts operation of the narrowbody.

Royal Jordanian will make a final decision on how to modernize its narrowbody fleet by July.

Fiji Airways has decided against plans to order Airbus A330neos, instead opting to add two A350s while keeping its A330ceos longer.

The Star Alliance has approved the application of Thai Smile Airways to become its second connecting partner.

Romania’s LCC Blue Air has appointed a new management team, led by new CEO Oana Petrescu, succeeding Marius Puiu, who has been the company’s interim CEO since September 2018.

Wizz Air said it may be able to seize on opportunities to gain market share as a tough operating environment hurts its competitors as the fast-growing Central and Eastern European LCC unveiled full-year results that showed a rise in profit and passenger numbers.

Aeroflot Group reported a 2019 1Q net loss of RUB15.7 billion ($242.5 million), deepened from a RUB11.5 billion loss in the year-ago period.

Airbus and Boeing commercial aircraft deliveries for 2019 year-to-date, sorted by most-recent delivery date.

Airbus and Boeing commercial aircraft gross orders for 2019 year-to-date, sorted by most-recent date of order placement with manufacturer.

United Continental Holdings has indicated plans to extend a loan to Bogota-based Avianca Holdings SA, after the two companies agreed on a leadership reshuffle that involved a loss of voting rights for Avianca’s largest shareholder.

AirAsia Group reported a first-quarter net profit of RM101.6 million ($42.2 million), down 91% from RM1.1 billion in the year-ago period.

UK-based regional aircraft manufacturer Britten-Norman is planning to establish a regional airline in Malta as part of a wider agreement to develop its presence in the country.

The Greenlandic government has taken full ownership of Air Greenland, after Scandinavian Airlines (SAS) and the Danish government agreed to sell their shareholdings.