American Airlines will lease 22 Boeing 787-8s from Singapore-based BOC Aviation, the lessor announced Mar. 10 in a filing with the Hong Kong stock exchange.
Aeroflot Group reported a 2019 net profit of RUB13.5 billion ($218 million). The group had to restate its 2018 full-year results according to International Financial Reporting Standards (IFRS) requirements, which resulted in a loss of RUB55.7 billion for 2018.
United Airlines is leaving nothing to chance over the potential impact of COVID-19, operating under planning assumptions that United president Scott Kirby called “much more severe than anything we’ve seen anyone else publish.”
By Joe Anselmo, Michael Bruno, Guy Norris, Kevin Michaels, Richard Aboulafia
Listen in as Aerodynamic Advisory's Kevin Michaels and Teal Group's Richard Aboulafia join Aviation Week editors to discuss the perfect storm that has hit the industry—and what’s coming next.
Two big Chinese airlines are increasing services to the U.S., recovering a little from the reduction to minimal levels applied shortly after the coronavirus outbreak became recognized in late January.
Spirit Airlines, citing declining yields but not the falloff in bookings that most other U.S. carriers are facing, will trim its planned April capacity 5% and could extend the cuts deeper into the spring if necessary.
Spain is banning all flights from Italy until Mar. 25, following the Italian government’s expansion of a lockdown aimed at slowing the spread of the COVID-19 coronavirus to the entire country.
North American airlines, reacting to a sharp and unexpected decline in bookings in response to COVID-19, have ramped up communications aimed at reassuring the traveling public that they are taking extra steps to prevent the virus from spreading.
Finnair will work with Finnish oil company Neste to increase the airline’s use of sustainable aviation fuel (SAF) and boost production capacity in Finland.
Lufthansa subsidiary Austrian Airlines has applied to temporarily reduce work hours for its 7,000 employees as the airline copes with a dramatic drop in demand because of the COVID-19 outbreak.
Norwegian has come out with a dramatic call for help from governments as the airline decided to make deep cuts to its capacity and lay off “a significant share of its workforce.”
Airlines flying from “disease infected zones” to Thailand must now obtain health certificates from passengers confirming they are not infected with the COVID-19 coronavirus before they are allowed to board flights to the country.
Qantas will ground most of its Airbus A380 fleet for the next six months after announcing further deep cuts to international capacity citing a significant drop in demand caused by the COVID-19 coronavirus outbreak.
International Airlines Group (IAG) carrier Iberia has volunteered to transfer an undisclosed number of routes and slots to rival Spanish carrier Volotea, as a proactive competition remedy for its Air Europa acquisition.
One year after the fatal Boeing 737 MAX crash that triggered a worldwide grounding of the type, Ethiopian Airlines group CEO Tewolde GebreMariam remains undecided on the airline’s future MAX strategy.
Minnesota-based regional carrier Compass Airlines will close its base at Seattle Tacoma International Airport (SEA) on May 1 and lay off its 197-employee workforce there, the carrier announced in a filing with Washington state authorities.
Finnair revealed an ambitious sustainability strategy plan Mar. 6, saying it intends to reduce net emissions by 50% by the end of 2025 and achieve carbon neutrality by 2045.
JetBlue Airways is considering additional capacity cuts beyond the 5% announced last week, as bookings continue to slump over concerns about the coronavirus outbreak.
