Airlines & Lessors

Royal Jordanian’s charter subsidiary, Royal Wings, will reinforce its initial scheduled services from the Jordanian resort of Aqaba, with a second destination.

A US federal bankruptcy judge in New York has approved the reorganization plan of Indianapolis-based Republic Airways Holdings, paving the way for Republic to exit Chapter 11 protection.

Calgary-based low-cost carrier (LCC) WestJet, Canada’s second largest airline, said it will launch an ultra LCC by the end of 2017.

Mexican ultra-low-cost carrier (ULCC) Volaris reported a MXP1.4 billion ($72.7 million) net loss for the first quarter of 2017, reversed from a MXP602 million net profit in the year-ago quarter.

Nigerian startup Green Africa Airways has appointed former American Airlines CCO Virasb Vahidi as a senior executive advisor.

Chicago-based United Airlines and Frankfurt-based Lufthansa Cargo have signed a joint venture (JV) agreement for “extensive” cargo cooperation on routes between the US and Europe.

People-April 19, 2017

Saudi-Arabian hybrid carrier flynas has issued a request for proposal (RFP) to assess options for funding its forthcoming order for Airbus A320neos.

After years of angling to go public, Azul Brazilian Airlines has raised more than $570 million in an initial public offering (IPO) last week.

Vietnam Airlines is focusing on sustainable growth, highlighted by a network strategy that emphasizes profitability over geographical spread.

Airlines and other industry players agree more needs to be done to ensure French airlines keep up with their competitors from elsewhere in the region.

Qatar Airways said it has become the first airline to comply with IATA’s Resolution 753 at its hub in Hamad International Airport (HIA).

Irish lessor Avolon more than doubled its owned and managed fleet to 565 aircraft in the first-quarter of 2017 compared to the year-ago quarter, the company reported April 18.

Alitalia’s workforce begins voting April 20 on a deal that will decide whether the struggling airline receives a fresh infusion of cash.

Emirates Airline will reduce flights to the US starting next month, citing a “significant deterioration” in demand for travel to the US since President Donald Trump took office three months ago.

Finland flag carrier Finnair has finalized a sale-and-leaseback agreement with GE Capital Aviation Services for one Airbus A350 XWB.

UK regional airline Flybe is seeking a new CFO after the resignation of Philip de Klerk.

China’s Juneyao Airlines reported a net profit of CNY1.25 billion ($180 million) in 2016, up 19% over a net income of CNY1.05 billion in 2015.

BOC Aviation leased, purchased and sold a total of 54 aircraft in the first quarter of 2017, up 25.6% compared to a total 43 leased, purchased and sold aircraft in the year-ago quarter.

Dublin-based lessor AerCap signed $7.2 billion in financing transactions during the first quarter of 2017, eclipsing—by $2.6 billion—the company’s financing transactions for the full year of 2016.

United Airlines CEO Oscar Munoz encouraged the public, the carrier’s customers and investors to patiently wait for April 30 to hear a more detailed response from the airline about how last week’s passenger bumping incident will change United’s policies and procedures.

Hong Kong-based China Aircraft Leasing Group (CALC) has agreed to buy an Airbus A320-200, following an order for two A320 aircraft April 3.

United Airlines CEO Oscar Munoz said United Express flight 3411, from which passenger David Dao was violently dragged after being involuntarily bumped on April 9, “will prove to be a watershed moment for our company.”

The US Export-Import bank (Ex-Im), a key financing tool for major commercial aircraft transactions, moved a step closer to becoming fully functional again after US President Donald Trump nominated two new Ex-Im board members.

Mexico City-based low-cost carrier (LCC) Interjet took delivery of the first of three Airbus A320neos, powered by CFM LEAP-1A engines, on April 17, according to Interjet CEO Jose Luis Garza.