Airlines & Lessors

2019 Third Quarter Airline & Lessor Financial Results
Air Transport

By Adrian Schofield
The Hong Kong Airport Authority has seized several grounded aircraft owned by struggling Hong Kong Airlines (HKA) in case the carrier cannot meet its
Air Transport

By Adrian Schofield
AUCKLAND—Air New Zealand’s new CEO Greg Foran intends to launch a strategy review when he joins the airline Feb. 3, 2020. According to an internal
Air Transport

By Adrian Schofield
Australian LCC Jetstar plans to cut capacity in January 2020 because of potential strikes threatening its operations.
Air Transport

Lori Ranson
Delta Air Lines is working to whittle down the number of aircraft types in its operating fleet while taking a hiatus from its comprehensive upgauging strategy in the 2020-2021 time period.
Air Transport

By Victoria Moores
Aircraft lessor BOC Aviation has appointed a new executive director, board vice-chairman, two deputy managing directors and CFO following the retirement of two multi-role senior executives.
Air Transport

By Lindsay Bjerregaard
Aircraft Propeller Service (APS) is growing its Asia-Pacific footprint with a new propeller maintenance contract and plans to open a facility in the
MRO

By Maksim Pyadushkin
The Azerbaijani government-owned carrier Azerbaijan Airlines (AZAL) will buy more than 20 new aircraft to develop its route network as plans continue to more than double its fleet.
Air Transport

By Sean Broderick
FAA Administrator Steve Dickson suggested Boeing improve the “quality and timeliness” of information it is providing the agency to support getting the 737 MAX back into service, part of a larger message that Boeing’s efforts should focus on meeting regulatory demands, not influencing the process.
Air Transport

By Sean Broderick
Delta Air Lines is projecting revenues of $49 billion in 2020, a 4-6% bump above its projected full-year 2019 top line, the carrier said during its Dec. 12 investor day.
Air Transport

By Sean Broderick
Delta Air Lines is projecting revenues of $49 billion in 2020, a 4-6% bump above its projected full-year 2019 top line, the carrier said during its Dec. 12 investor day.
Air Transport

By Victoria Moores
South African aviation group Comair has promoted joint CEO Wrenelle Stander to group CEO, while her former co-joint CEO Glenn Orsmond has been named as CEO of Comair’s airline division.
Air Transport

By Victoria Moores
South African aviation group Comair has promoted joint CEO Wrenelle Stander to group CEO, while her former co-joint CEO Glenn Orsmond has been named as CEO of Comair’s airline division.
Air Transport

New forecasts from IATA show air cargo volumes staging a modest recovery in 2020 after slumping in 2019, boosted by predictions of a truce in the ongoing trade war between the U.S. and China.
Air Transport

Budapest-based LCC Wizz Air unveiled plans Dec. 12 to create a new Abu Dhabi-based airline in partnership with Abu Dhabi development holding company PJSC.
Air Transport

By Adrian Schofield
Korean Air has appointed airline veteran Kee Hong Woo as its next president, taking the position previously held by current chairman Walter Cho.
Air Transport

By Adrian Schofield
Korean Air has appointed airline veteran Kee Hong Woo as its next president, taking the position previously held by current chairman Walter Cho.
Air Transport

By Victoria Moores
Aircraft lessor BOC Aviation has appointed a new executive director, board vice-chairman, two deputy MDs and CFO following the retirement of two multi-role senior executives.
Airlines & Lessors

By Adrian Schofield
Cathay Pacific Airways has agreed to temporarily take over its partner Air New Zealand’s (ANZ) Hong Kong flights, which will help ANZ cover for a shortage of international capacity.
Air Transport

By Victoria Moores
South African aviation group Comair has promoted joint CEO Wrenelle Stander to group CEO, while her former co-joint CEO Glenn Orsmond has been named as CEO of Comair’s airline division.
Airlines & Lessors

By Chen Chuanren
Far Eastern Air Transport (FAT) announced Dec. 12 it will stop operations from Dec. 13, as a result of mounting financial pressure.
Air Transport

Chen Chuanren
Far Eastern Air Transport (FAT) announced Dec. 12 it will stop operations from Dec. 13, as a result of mounting financial pressure.
Air Transport

By Adrian Schofield
South Korean regional startup Hi Air will launch domestic turboprop operations this month, manufacturer ATR said.
Airlines & Lessors

By Adrian Schofield
South Korean regional startup HiAir will be launching domestic turboprop operations this month, aircraft manufacturer ATR said.
Air Transport

By Adrian Schofield
Korean Air has appointed airline veteran Kee Hong Woo as its next president, taking the position previously held by current chairman Walter Cho.
Airlines & Lessors