Airlines & Lessors

By Victoria Moores
Finnair CEO Pekka Vauramo is to chair the governing board of the oneworld alliance for the coming two years.
Airlines & Lessors

By Jens Flottau
Airbus is nearing a major change in its sales organization, as its current head of sales John Leahy has indicated he will retire soon.
Airlines & Lessors

IATA has revised its global airline industry profit forecast for 2017 upwards by 5.4% to a net profit of $31.4 billion, citing a stronger than expected world economy.
Airlines & Lessors

Success in Cuba is a “middle- to long-term” prospect for airlines, particularly for US carriers that launched service to Cuba after the market was reopened to US commercial flights last year, according to IATA regional VP-Americas Peter Cerda.
Airports & Networks

Malaysia Airlines Berhad said it has received global interest from the tourism industry to be part of a dedicated Airbus A380 charter business concept targeting pilgrimage traffic.
Airlines & Lessors

By Karen Walker
Colombia has approved the joint business agreement (JBA) between American Airlines and LATAM Airlines Group’s subsidiary LATAM Airlines Colombia.
Airlines & Lessors

By Linda Blachly
People-June 2, 2017
Airlines & Lessors

Malaysia Airlines said it saw steady progress in the 2017 first quarter, even though it was a “tough” quarter with intensifying competition, higher fuel prices and adverse foreign exchange impacting its performance.
Airlines & Lessors

By Linda Blachly
AviaAM Leasing—a Warsaw Stock Exchange-listed aircraft leasing company—has reported rapid growth in 2016 with a significant increase in business volumes.
Airlines & Lessors

By Karen Walker
World demand for air travel rose sharply in April, thanks to global economic activity and lower airfares, IATA data for the month show.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s AirBridgeCargo (ABC) carried 158,000 tonnes in 1Q 2017, up 17% year-over-year, as a result of market growth and special products.
Airlines & Lessors

By Linda Blachly
Aircraft & Manufacturer Briefs-June 1, 2017
Aircraft & Propulsion

By Karen Walker
United Airlines CEO Oscar Munoz will be a panelist during sessions programmed for the IATA AGM that opens in Cancun Sunday.
Airlines & Lessors

By Victoria Moores
International Airlines Group’s (IAG) new long-haul, low-cost carrier (LCC) Level launched flights from Barcelona June 1, with an initial Airbus A330-operated service to Los Angeles.
Airlines & Lessors

By Victoria Moores
Leisure carrier Thomas Cook Airlines Belgium (TCAB) is being sold to two companies, Lufthansa Group carrier Brussels Airlines and a company working to resurrect former Belgian regional carrier VLM Airlines.
Airlines & Lessors

By Victoria Moores
German leisure carrier airberlin reported a first-quarter net loss of €293.3 million ($315 million), widened from a €182.3 million net loss in the year-ago period as a result of turnaround measures.
Airlines & Lessors

Berlin-based Germania Group is increasing its presence in the wet-lease business segment in order to meet the increasing market demand for aircraft-crew-maintenance-insurance (ACMI) services.
Airlines & Lessors

Sponsored by Jeppesen
The airline industry is ever-changing, yet there are some constants. One of them: fuel will always be one of the largest cost categories in any airline operation.
Airlines & Lessors

By Polina Montag-Girmes
Russian airlines carried 27.1 million passengers from January-April 2017, up 20.8% year-over-year (YOY).
Airlines & Lessors

By Mark Nensel
Ultra-low-cost carrier (ULCC) Allegiant Air EVP and COO Jude Bricker resigned May 26, the Las Vegas-based carrier announced without further explanation.
Airlines & Lessors

By Victoria Moores
Irish low-cost carrier (LCC) Ryanair reported a full-year net profit of €1.3 billion ($1.5 billion), up 6% from a €1.2 billion net profit in the year-ago period.
Airlines & Lessors

Greece-based Aegean Airlines reported a 2017 first-quarter net loss of €35.8 million ($38.4 million), widened from a net loss of €21.5 million for the year-ago quarter.
Airlines & Lessors

Lufthansa Group low-cost (LCC) subsidiary Eurowings—which remains the fastest-growing airline in Europe—aims to continue its fleet expansion and eventually double the number of aircraft it has in order to compete with other European LCCs such as the UK’s easyJet and Ireland’s Ryanair.
Airlines & Lessors

By Linda Blachly
Calgary-based low-cost carrier WestJet has named Charles Duncan as the new head of WestJet Encore, WestJet’s regional airline, effective June 6, pending immigration approval.
Airlines & Lessors

By Alan Dron
Royal Jordanian Airlines has appointed Stefan Pichler as president and CEO from June, the airline announced May 28.
Airlines & Lessors