Airlines & Lessors

By Helen Massy-Beresford
UK LCC easyJet—which confirmed flights would continue to operate even in the event of a no-deal Brexit—has warned that uncertainty over Brexit is curbing customer demand, leading to a more cautious outlook for the second half of the year.
Airlines & Lessors

By Sean Broderick
Amazon Air is adding at least five Boeing 737-800Fs to its network through a revamped deal with Atlas Air Worldwide Holdings.
Airlines & Lessors

Hanover, Germany-based TUI Group expects the Boeing 737 MAX 8 grounding will cost the company €200 million ($225 million) if flights can be resumed by mid-July at the latest.
Airlines & Lessors

Greek carrier Aegean Airlines reported a net profit of €67.9 million ($76.3 million) for 2018, up 13% from €60.4 million in the previous year.
Airlines & Lessors

By Jens Flottau
Airbus’ UK factories “could well remain competitive” even after Brexit, outgoing CEO Tom Enders said March 29.
Aircraft & Propulsion

Improved passenger traffic revenue helped Air China Ltd. post a 2018 net profit of CNY7.3 billion ($1.07 billion), up 1.3% from CNY7.2 billion in the previous year.
Airlines & Lessors

By Helen Massy-Beresford
Italian railway company Ferrovie dello Stato (FS) said more work is needed to develop a sustainable business strategy for Alitalia, the bankrupt airline it is negotiating to take over with Delta Air Lines as a potential partner.
Airlines & Lessors

By Adrian Schofield
A sweeping business review by Air New Zealand has resulted in a cost-cutting plan that will include aircraft delivery deferrals, although the carrier has also unveiled a new international destination and widebody cabin upgrades.
Airlines & Lessors

With significant investments in new onboard services, Saudi Arabian Airlines (Saudia) has seen a 20% boost in passenger satisfaction on the affected routes, CEO Jaan Albrecht said.
Airlines & Lessors

By Alan Dron
Cypriot airline TUS Airways is seeking to build an eastern Mediterranean mini-hub at its Larnaca base.
Airlines & Lessors

By Alan Dron
After failing to attract investors, Icelandic ultra-LCC WOW Air ceased operations March 28.
Airlines & Lessors

By Victoria Moores
Aviation Week Network senior transport editor Sean Broderick speaks with Spirit Airlines CCO Matt Klein after his company was recognized with the 2019 ATW Value Airline of the Year award in New York.
Airlines & Lessors

By Victoria Moores
Aviation Daily Editor Mark Nensel speaks with Bill Franke of Indigo Partners, after he was recognized with the 2019 ATW Leadership Excellence award in New York.
Airlines & Lessors

By Victoria Moores
ATW Editor-in-Chief Karen Walker speaks with Lufthansa Group CEO Carsten Spohr, after his company was presented with the 2019 Airline of the Year award in New York.
Airlines & Lessors

Germania Group subsidiary Bulgarian Eagle has ceased operations, a source close to the former management told ATW.
Airlines & Lessors

By Victoria Moores
Latvian hub and spoke carrier airBaltic is aiming to triple its passenger numbers and revenue by 2025, if it goes ahead with plans to exercise 30 Airbus A220 options.
Airlines & Lessors

By Alan Dron
The Croatian government has embarked on another attempt to find an investor in state-owned carrier Croatia Airlines.
Airlines & Lessors

By Sean Broderick
A spike in flight cancellations linked to several unrelated issues will drive Southwest Airlines’ year-over-year first-quarter non-fuel unit costs up 10%, or 4% higher than its previous guidance, and will cost the carrier about $150 million in lost revenue, the airline said March 27.
Airlines & Lessors

By Adrian Schofield
Cathay Pacific is poised to enter Asia’s LCC market after announcing a deal to purchase 100% of Hong Kong Express (HKE) and operate it as a subsidiary.
Airlines & Lessors

By Alan Dron
Icelandic ultra-LCC WOW Air has won approval from its bondholders to convert debt to equity following the recent collapse of talks with two potential investors.
Airlines & Lessors

By Michael Bruno
Airbus’ Skywise data sharing and analysis platform could double to 100 airline customers this year, top Airbus executives reportedly told an investor conference March 20.
Airlines & Lessors

By Alan Dron
Sweden-based freight airline West Atlantic is in talks with Spanish company LUSAT over possible refinancing.
Airlines & Lessors

By Victoria Moores
ATW speaks with Martin Gauss, the CEO of Airline Market Leader award winner airBaltic, about the Latvian carrier's second consecutive ATW Market Leader award and his plans for future growth.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s Federal Air Transport Agency, Rosaviatsia, has restricted Nordwind Airlines air operator’s certificate (AOC) from March 25, canceling ETOPS permits.
Airlines & Lessors

By Jens Flottau
Bankrupt German leisure airline Germania will be permanently shut down, its administrator Rüdiger Wienberg said March 25.
Airlines & Lessors