Airlines & Lessors

2018 Third Quarter Airline & Lessor Financial Results

By Alan Dron
In a strongly worded statement released after its temporary suspension was lifted, South African regional carrier CemAir alleged the grounding was based on false statements by the country’s civil aviation regulator.
Airlines & Lessors

Emirates Airline is using a new application designed to reduce aircraft turnaround delays and improve on-time performance at Dubai International Airport (DXB).
Airports & Networks

By Victoria Moores
US regional airline Republic Airways has finalized an order for 100 Embraer E175s, and taken purchase rights on a further 100, building on a letter of intent (LOI) that was first announced at the Farnborough Air Show in July.
Aircraft & Propulsion

By Linda Blachly
People-Dec. 19, 2018
Airlines & Lessors

By Victoria Moores
Indian Ocean carriers Air Austral and Air Madagascar have signed a “privileged partnership agreement” with Kenya Airways, firming up an MOU that was formed between the three airlines in July.
Airlines & Lessors

By Victoria Moores
Alitalia has bought back a 75% stake in its MilleMiglia frequent flyer program (FFP) from Etihad Airways, returning the Italian carrier to 100% ownership of its loyalty scheme.
Airlines & Lessors

By Victoria Moores
UK long-haul carrier Virgin Atlantic is continuing to evaluate a possible takeover of UK regional airline Flybe, although a deal is yet to be struck.UK long-haul carrier Virgin Atlantic is continuing to evaluate a possible takeover of UK regional airline Flybe, although a deal has not yet been reached.
Airlines & Lessors

By Alan Dron
Regional carrier CemAir, grounded Dec. 13 by the South African Civil Aviation Authority (SACAA) for alleged operational violations, won a court battle Dec. 18 to have its air operator’s certificate (AOC) restored.
Airlines & Lessors

By Sean Broderick
ManaAir, a new regional airline operation partially owned by United Airlines, has agreed to purchase ExpressJet, setting the mainline carrier up with a purpose-built exclusive partner that it can use to support its hub-feeding growth strategy.
Airlines & Lessors

By Alan Dron
Indigo Partners, the US-based private equity firm that specializes in ultra-LCCs, is looking to invest up to $75 million in Icelandic carrier WOW Air.
Airlines & Lessors

By Victoria Moores
London Luton Airport has promoted planning and investment director Alberto Martin to the role of CEO, replacing Nick Barton who is stepping down to take up another role in 2019.
Airlines & Lessors

By Kerry Reals
Bankrupt German carrier airberlin’s administrator is seeking damages of up to €2 billion ($2.28 billion) from former majority shareholder Etihad Airways.
Airlines & Lessors

By Alan Dron
African LCC fastjet has secured a major financial boost that should ensure the continuation of its services.
Airlines & Lessors

Air Astana’s new LCC FlyArystan aims to begin commercial operations by June 2019 and hopes to fill the region’s untapped LCC market.
Airlines & Lessors

By Sean Broderick
Conservative 2019 guidance from Delta Air Lines, despite strong macro trends and solid fourth-quarter momentum, suggests the Atlanta-based airline—not content with leading its peers—is paying even closer attention to Wall Street.
Airlines & Lessors

By Mark Nensel
The Latin America-Caribbean region is clearly seeing growth but is hamstrung by insufficient infrastructure and air traffic management, excessive costs and taxation.
Airlines & Lessors

By Alan Dron
Icelandic LCC WOW Air will cut its aircraft fleet by nearly half and reduce its workforce by about 10%.
Airlines & Lessors

By Alan Dron
The South African Civil Aviation Authority (SACAA) has suspended regional carrier CemAir from operating, following what it called “unacceptable and intolerable behavior” that posed a threat to safety.
Airlines & Lessors

Kazakhstan carrier Air Astana officially unveiled its first of five leased Embraer E190-E2s from Netherlands-based AerCap signed in 2017, making Air Astana the first operator of the type in Central Asia.
Aircraft & Propulsion

By Mark Nensel
IATA is signaling that global cargo revenue is forecast to rise more than 5% year-over-year to $116 billion in 2019, driven in part by a continued robust (albeit slower) global economic outlook as well as the recent substantial fall in oil prices.
Airlines & Lessors

By Linda Blachly
Aircraft Briefs-Dec. 13, 2018
Aircraft & Propulsion

By Bill Carey
IATA unveiled a data-sharing platform to help airlines avoid turbulence during flights and named Atlanta-based Delta Air Lines as the first contributor.
Safety, Ops & Regulation

By Victoria Moores
LOT Polish Airlines (LOT) is monitoring developments at Estonia’s Nordic Aviation Group (Nordica), because of “business and operational challenges” that could impact its equity investment.
Airlines & Lessors

By Victoria Moores
The African Development Bank is studying the possibility of creating an aircraft-leasing company for the continent, with further news expected in the first half of 2019.
Airlines & Lessors