Airlines & Lessors

By Jens Flottau
IAG cut its growth target from around 3% to 2% and may end up below that figure should the crisis worsen, according to CEO Willie Walsh.
Airlines & Lessors

By Chen Chuanren
The fallout from COVID-19 coronavirus is set to complicate the long-haul LCC's financial situation after losses widened in fiscal 2019.
Airlines & Lessors

By Helen Massy-Beresford
Air France and KLM are taking steps to cut back on discretionary costs in a bid to offset the expected impact of the COVID-19 virus on their operations.
Airlines & Lessors

By Alan Dron
Air transport across the Middle East received another coronavirus-related blow Feb. 27 when Saudi Arabia imposed a ban on all foreign pilgrims from entering the country.
Airlines & Lessors

By Kurt Hofmann
Former Ryanair chief commercial officer David O’Brien has been named joint CEO of Laudamotion, and will work alongside CEO Andreas Gruber, effective Apr. 1.
Airlines & Lessors

By Chen Chuanren
AirAsia Group recorded a MYR286 million loss for fiscal 2019 ending Dec. 31, dragged down by its Indian subsidiary and a host of other costs.
Airlines & Lessors

By Chen Chuanren
Garuda Indonesia has set aside its turnaround plans and gone into survival mode to weather the fallout from COVID-19.
Airlines & Lessors

By Adrian Schofield
Grappling with sliding profits and slowing demand due to the COVID-19 coronavirus outbreak, Air New Zealand will now take delivery of a number of aircraft later than planned.
Airlines & Lessors

By Ben Goldstein
Spirit Airlines’ newly announced expansion from Austin, Texas is a “natural fit” to the carrier’s 2020 route strategy of connecting existing points within its network, VP-network strategy John Kirby said in an interview.
Airlines & Lessors

By Victoria Moores
Shifts in exchange rates and accounting standards doubled Scandinavian Airlines’ (SAS) fiscal first quarter (Q1) net loss, but the airline has secured a labor agreement for a new operating platform and is maintaining its guidance after minimal impact from the COVID-19 outbreak.
Airlines & Lessors

By Ben Goldstein
Delta Air Lines became the first North American carrier to announce service reductions to South Korea on Feb. 26, citing plummeting demand caused by the largest outbreak of COVID-19 outside of China.
Airlines & Lessors

By Adrian Schofield
Air New Zealand has developed a bunk-like sleeping pod product for economy class passengers that the carrier is considering introducing on long-haul flights.
Airlines & Lessors

By Adrian Schofield
Virgin Australia plans to reduce capacity by accelerating the retirement of the last of its Airbus A320s operated by LCC subsidiary Tigerair.
Airlines & Lessors

By Jens Flottau
Lufthansa launched a major cost-cutting program to contain the financial damage incurred by the COVID-19 coronavirus outbreak.
Airlines & Lessors

By Victoria Moores
Moldovan startup HiSky is planning to launch operations Apr. 10, operating 180-seat Airbus A320s to six European destinations from capital city Chisinau.
Airlines & Lessors

By Chen Chuanren
Thai AirAsia (TAA) ended 2019 with a total net loss after tax of THB871 million ($29 million) despite an increase in passengers and 3% revenue growth.
Airlines & Lessors

By Bradley Perrett
A China Eastern subsidiary set up to fly Comac aircraft will serve coastal districts from the Yangzi River Delta and retain the business aviation operation on which it has been based, the parent company said.
Business Aviation

By Helen Massy-Beresford
Flight restrictions touched off by COVID-19 are affecting belly capacity and could mean changes to freighter schedules and trade flows.
Airports & Networks

By Jens Flottau
Lufthansa and United Airlines are seriously considering a plan to jointly acquire TAP Portugal in an effort to protect their position in the Europe-Latin America market and keep Delta Air Lines from investing in another European carrier.
Air Transport

By Alan Dron
The European Commission (EC) has approved plans by the Romanian government to provide state-owned flag-carrier TAROM with a temporary loan of approximately €36.7 million ($39.9 million) to allow it to maintain services.
Air Transport

By Alan Dron
The growing cluster of COVID-19 coronavirus cases in Iran has sparked a series of precautionary moves in the Gulf states.
Air Transport

By Sean Broderick
United Airlines has withdrawn its full-year financial guidance, citing uncertainty over the ramifications from the COVID-19 coronavirus on travel demand, particularly in the Asia-Pacific region where the airline had 15% of its planned full-year capacity.
Air Transport

By Adrian Schofield
All Nippon Airways (ANA) on Feb. 25 placed an order for 15 more Boeing 787s, and has made a significant change in engine supplier for the new aircraft deliveries.
Air Transport

By Victoria Moores
South African carrier Comair has deferred delivery of five Boeing 737 MAX 8s to 2024-25, in response to the type’s global grounding.
Air Transport

By Alan Dron, Ben Goldstein
American Airlines (AA) and Qatar Airways have reached a rapprochement following their long-standing dispute over alleged government subsidies to the Gulf carrier.
Air Transport