Airlines & Lessors

By Helen Massy-Beresford
Norwegian Air Shuttle said lower unit costs helped the airline earn a NOK300 million ($37 million) profit for the second quarter, reversed from a loss of NOK691 million in the year-ago period.
Airlines & Lessors

Airbus and Boeing commercial aircraft gross orders for 2018 year-to-date, sorted by most-recent date of order placement with manufacturer.
Aircraft & Propulsion

Germany-based regional carrier LGW has named Francesco Sciortino and Michael Knoth as new managing directors, succeeding Peter Knecht and Felix Genze, from Aug. 1.
Airlines & Lessors

By Sean Broderick
Falling domestic yields and several one-time items will hit American Airlines’ bottom line this quarter, the carrier revealed July 11.
Airlines & Lessors

By Sean Broderick
JetBlue’s choice of the just-rebranded Airbus A220 gives the airline significant operational flexibility starting next decade, but the New York-based airline insists it intends to keep its focus-city strategy and leverage the new aircraft’s economics to help drive bottom-line improvements without changing its growth plan.
Aircraft & Propulsion

By Victoria Moores
Ireland-headquartered lessor Avolon inked 50 lease transactions, delivered 13 aircraft and sold 41 during the second quarter of 2018.
Airlines & Lessors

Ukraine International Airlines (UIA) has reported a 12.9% passenger increase in the first half of 2018 compared to the year-ago half, as a result of the carrier’s efforts to expand its fleet and further develop its Kiev Boryspil hub.
Airlines & Lessors

By Sean Broderick
Southwest Airlines grew available seat miles (ASMs) 3.3% in the second quarter, with a weak June cementing results that came in below its early-June projection of 3.5%—the latest sign that the carrier’s 2018 growth will be on the lower end of its guidance.
Airlines & Lessors

By Victoria Moores
Icelandair Group has lowered its EBITDA guidance for the 2018 financial year by $50 million, because of slower-than-expected yield growth and higher fuel costs.
Airlines & Lessors

By Victoria Moores
Air Malta’s board has appointed Clifford Chetcuti as CEO, effective Sept. 1.
Airlines & Lessors

By Linda Blachly
Leasing market-July 9, 2018
Airlines & Lessors

By Alan Dron
Scottish regional carrier Loganair recorded its first annual loss for 17 years in 2017-18—the cost of a breakup with larger regional partner Flybe.
Airlines & Lessors

By Alan Dron
BOC Aviation took delivery of 15 aircraft while selling 10 owned and one managed aircraft in 2Q 2018, the Singapore-based lessor said in an operational data update July 9.
Airlines & Lessors

By Sean Broderick
Calgary-based Canadian North and Ottawa-based First Air airlines have announced plans to merge—the latest step in the carriers’ efforts to combine air services to best meet the needs of communities in the Canadian arctic.
Airlines & Lessors

Romanian flag carrier Tarom has issued a request for proposal (RFP) to dry lease up to 13 regional jets, the Romanian flag carrier announced in a tender.
Airlines & Lessors

By Alan Dron
Ariana Afghan Airlines (AAA) has issued a request for proposal (RFP) for management experts to help it out financially.
Airlines & Lessors

By Victoria Moores
Nigerian startup Green Africa Airways has completed its initial financing push in partnership with pan-African investment manager Kuramo Capital, and has begun negotiations for its future fleet.
Airlines & Lessors

By Helen Massy-Beresford
Air Madagascar said it launched its new domestic subsidiary, Tsaradia, on July 2, pushing ahead with a key part of the turnaround plan it is undertaking with strategic partner Air Austral.
Airlines & Lessors

By Helen Massy-Beresford
EasyJet said over 1,000 more flights were canceled in June than in the same month in 2017, mainly because of French and Italian air traffic control (ATC) strikes.
Airlines & Lessors

By Adrian Schofield
Malaysia Airlines Berhad (MAB) is solidly improving yields by increasing its emphasis on premium passengers, and the carrier indicates the approach will continue.
Airlines & Lessors

SkyTeam member Alitalia and Star Alliance carrier Avianca Brasil and have entered into a wide-ranging codeshare, with effect from July 3.
Airlines & Lessors

By Victoria Moores
Irish business lobby group Ibec has created a new representative body, Aircraft Leasing Ireland (ALI), which has the buy-in of all major Ireland-based lessors.
Safety, Ops & Regulation

By Victoria Moores
The European Commission has opened an in-depth state-aid investigation into Ryanair’s marketing agreements related to Montpellier Airport in France.
Safety, Ops & Regulation

Chinese conglomerate HNA Group founder and co-chairman Wang Jian died in France July 3, following a serious injury sustained from a 50ft fall.
Airlines & Lessors

Cambodian startup airline KC International Airlines took delivery of its first aircraft, an Airbus A320, July 2.
Airlines & Lessors