Airlines & Lessors

By Helen Massy-Beresford
Lufthansa Cargo (LHC) will reduce its flight schedule in the second and third quarters in the face of weakened market demand.
Airlines & Lessors

By Alan Dron
Flybe CEO Christine Ourmières-Widener will resign effective July 15, the UK regional carrier said in an announcement that comes three months after it was taken over by a Virgin Atlantic-led consortium.
Airlines & Lessors

A strike by Scandinavian Airlines (SAS) pilots contributed to a second-quarter net loss of SEK933 million ($97.7 million), widened from a SEK349 million loss in the year-ago period, the carrier said May 28.
Airlines & Lessors

Kenya Airways CEO Sebastian Mikosz will step down from the airline at the end of the year, five months before the end of his three-year contract.
Airlines & Lessors

By Helen Massy-Beresford
Air France-KLM LCC subsidiary Transavia France is poised for expansion after Air France pilots voted in favor of starting negotiations to increase the number of aircraft the airline can operate.
Airlines & Lessors

Indian carrier Vistara Airlines will lease two Airbus A320neos and four Boeing 737-800NGs from Singapore-based lessor BOC Aviation.
Airlines & Lessors

By Karen Walker
Air New Zealand, in a widely anticipated decision, has selected the Boeing 787-10 for its widebody fleet upgrade.
Aircraft & Propulsion

2019 First Quarter Airline and Lessor Financial Results

By Alan Dron
Dutch national carrier KLM and Ireland-based regional airline CityJet are the two main shareholders behind a Belgian startup—Air Antwerp—being created to operate both scheduled services and provide capacity for others.
Airlines & Lessors

By Adrian Schofield
Korean Air’s 50th anniversary is a milestone marked by highlights and sadness, as the company mourns the passing of its leader.
Airlines & Lessors

By Karen Walker
The publicly traded airline plans service to London from Boston and New York in 2021, posing a fresh challenge to the three major US legacy carriers.
Airlines & Lessors

By Victoria Moores
Shai Weiss is no stranger to the airline, having joined Virgin Atlantic's board in 2012, becoming CFO in 2014 and CCO at the beginning of 2017.
Airlines & Lessors

Following the lead of the China’s three state-owned carriers, 10 more Chinese airlines have filed compensation claims with Boeing over the grounding of the 737 MAX 8 this week.
Aircraft & Propulsion

By Alan Dron
Spanish LCC Volotea said it achieved a record operating profit in 2018 as it continues to expand in its niche sector.
Airlines & Lessors

By Adrian Schofield
India’s airline market remains in a state of flux as a group of potential investors considers what could be the last practical alternative for a revival of Jet Airways.
Airlines & Lessors

By Sean Broderick
LATAM Airlines Group reported a first-quarter net loss of $60.1 million, compared to a $92.2 million profit in the year-earlier period, as weak international demand contributed to a decline in revenue.
Airlines & Lessors

By Helen Massy-Beresford
Italy’s economic development minister said the choice of a new investor to help rescue bankrupt Alitalia would be independent of any other dossier, in a reference to the Atlantia transport and infrastructure holding company that is said to be interested in taking part.
Airlines & Lessors

By Sean Broderick
Solid macro fundamentals combined with capacity pressure created by the Boeing 737 MAX grounding have set US airlines up for a strong summer season, analysts at Cowen & Co. project.
Airlines & Lessors

Niki Lauda, a Formula One racing champion who went on to create and run three airlines, has died aged 70.
Airlines & Lessors

The average net earnings for Asia Pacific’s 25 main carriers fell a little more than 50% year-on-year (YOY) in 2018, in light of “significantly higher jet fuel prices, adverse currency movements and rising pressures on non-fuel cost items,” according to Association of Asia Pacific Airlines (AAPA).
Airlines & Lessors

European leisure airline TUI Group will decide by the end of May whether to extend contingency plans put in place to offset the impact of the grounding of its 15 Boeing 737 MAX 8s.
Airlines & Lessors

Taiwan’s Far Eastern Air Transport (FAT) has abruptly canceled over 30 international flights after it came close to flying beyond its monthly limits set by the country’s Civil Aeronautics Administration (CAA).
Airlines & Lessors

By Helen Massy-Beresford
Ryanair said profit fell 29% in the year to March 2019, hit by lower fares, a trend it expects will continue throughout the summer season, while the delayed arrival of the Boeing 737 MAX means its cost benefits will be later to accrue.
Airlines & Lessors

By Linda Blachly
People-May 17, 2019
Airlines & Lessors

By Alan Dron
Saudi Arabian national carrier Saudia is reporting a significant increase in its number of transit passengers, as the airline grows rapidly and seeks to become a rival to the “ME3” of Emirates Airline, Etihad Airways and Qatar Airways.
Airlines & Lessors