China Eastern Airlines has become China’s first state-owned carrier to diversify ownership of a logistics subsidiary with the sale of a 55% stake to four investors and the subsidiary’s core employees.
Singapore-based leasing company BOC Aviation announced a memorandum of Understanding (MOU) with Boeing for 10 of the newly announced MAX 10 versions of the 737.
Italian flag carrier Alitalia has filed for Chapter 15 bankruptcy protection in the US, in an effort to keep its leased terminal gates at New York JFK.
An upbeat and energized United Airlines CEO Oscar Munoz told a New York audience Thursday that his company’s mission was to become the best airline in the world.
UK low-cost carrier (LCC) easyJet has confirmed it is among the parties that have expressed an interest in troubled Italian flag carrier Alitalia, which is separately facing strike disruption June 17.
United Airlines has expanded the roles for three members of its executive leadership team as the Chicago-based company continues to elevate customer experience and to address operational performance.
Arctic Aviation Assets (AAA), the leasing subsidiary of Scandinavian low-cost carrier (LCC) Norwegian, has exercised options on two Boeing 737 MAX aircraft, converting them to firm orders.
Hong Kong-based lessor China Aircraft Leasing Group (CALC) has signed a purchase agreement for 50 Boeing 737 MAXs, valued at $5.8 billion at list prices.
Munich Airport president and CEO Michael Kerkloh has been elected president of Airports Council International (ACI), the umbrella organization of Europe’s international airports.
UK low-cost carrier easyJet is rolling out a new premium ancillary product, where passengers can board from the private jet terminal at London Luton Airport for a £475 ($604) fee.
Ireland-based lessor SMBC Aviation Capital saw its pre-tax profits climb to $346 million for the financial year ended March 31, 2017, up 48% compared to the previous year’s figure of $233 million.
Stamford, Connecticut-based lessor Aircastle Limited has named Michael Inglese as new CEO, succeeding Ron Wainshal who stepped aside to focus on his health and recovery, according to a company statement.
South Africa-based TAAG Angola Airlines continues to struggle in a difficult operating environment in Africa, CCO William Boulter told ATW in an exclusive interview last week at the IATA AGM in Cancun.
Qatar Airways reported a net profit of QAR1.97 billion ($540 million), for the 2016-17 financial year, up 21.7% compared to net profit of QAR1.62 billion in FY2016.
China’s low-cost carrier (LCC) Ruili Airlines has agreed to lease three Boeing 737 MAX aircraft from AVIC International Leasing Co. in an effort to facilitate its international expansion.
