Airlines & Lessors

By Mark Nensel
Taiwan’s EVA Air posted a full-year 2016 net profit of TWD3.5 billion ($107 million), down 46% from the company’s TWD6.4 billion 2015 net result.
Airlines & Lessors

Germany-based AeroLogic, a joint venture of Lufthansa Cargo and DHL Express, has appointed Josef Moser as COO and accountable manager at AeroLogic from May 1.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s Ural Airlines carried 1.33 million passengers in 1Q 2017, up 28% year-over-year (YOY).
Airlines & Lessors

By Karen Walker
United Airlines pilots are “infuriated” by the bumped passenger event, which should not have escalated into a violent encounter, the union representing them says in a statement.
Airlines & Lessors

By Karen Walker
Explaining why it took him two days to issue a full apology for the bumped passenger incident that shocked the world, United Airlines CEO Oscar Munoz said he was waiting for the facts. One fact should have been immediately clear; the brand was in grave danger.
Airlines & Lessors

By Mark Nensel
Florida-based ultra-low-cost-carrier (ULCC) Spirit Airlines has lowered its revenue guidance for the 2017 first quarter by two percentage points, according an SEC filing.
Airlines & Lessors

By Alan Dron
British Virgin Islands startup BVI Airways is ready to start operations, the company said.
Airlines & Lessors

For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2017 orders, deliveries and cancellations -- updated through the 2017 first quarter.
Aircraft & Propulsion

The lawyer representing David Dao, the passenger violently dragged off a United Airlines flight April 9, said he is preparing to file a lawsuit against United for using “unreasonable force and violence” against the passenger.
Airlines & Lessors

Hainan Airlines has moved one step closer toward launching low-cost carrier (LCC) Shen Niao Airlines after securing approval from China’s State Administration for Industry & Commerce (SAIC).
Airlines & Lessors

By Polina Montag-Girmes
Startup carrier Cyprus Airways will start operations in June with “scheduled flights to three to four short-haul destinations and charter flights in collaboration with tour operators,” a Cyprus Airways spokesperson told ATW.
Airlines & Lessors

United Airlines CEO Oscar Munoz said an incident like the one involving a bumped passenger being violently dragged off an aircraft earlier this week “will never happen again on a United Airlines flight” and promised that law enforcement would never again be used in a similar situation.
Airlines & Lessors

By Mark Nensel
Worldwide air passenger traffic grew 4.8% year-over-year in February, down from January’s 9.6% pace, but skewed somewhat by the comparison to February 2016, a leap month.
Airlines & Lessors

By Adrian Schofield
Cathay Pacific parent Swire Pacific has named senior executive Rupert Hogg to replace the Hong Kong flag carrier’s current CEO Ivan Chu as part of a major leadership reshuffle.
Airlines & Lessors

Delta Air Lines reported a first-quarter 2017 net profit of $603 million, down 36% from net income of $946 million in the prior-year period, as fuel prices rose sharply year-over-year.
Airlines & Lessors

2016 Fiscal year financial results to-date for airlines worldwide, highlighting operating revenues, operating expenses, operating profits/losses and net income/losses for each airline's 2016 fiscal year or equivalent.
Airlines & Lessors

By Victoria Moores
International Airlines Group’s (IAG) new long-haul, low-cost airline Level has released its initial booking figures, totaling more than 100,000 since it opened sales March 17.
Airlines & Lessors

By Karen Walker
Just hours after commending employees and saying they followed proper procedure, United Airlines’ CEO has issued a full apology for the incident in which a bumped passenger was violently dragged off an aircraft.
Airlines & Lessors

By Victoria Moores
Danish entrepreneur Lars Thuesen, who is 100% owner and chairman of Danish wet-lease operator Jet Time, has acquired 20% of airBaltic from German businessman Ralf Dieter Montag-Girmes.
Airlines & Lessors

By Alan Dron
Turkish low-cost carrier (LCC) Pegasus Airlines is forecasting a cautious recovery this year, but expects real growth from 2018.
Airlines & Lessors

By Linda Blachly
Santiago, Chile-based LATAM Cargo has named Andrés Bianchi as new CEO, effective April 15.
Airlines & Lessors

By Mark Nensel
Atlanta-based Delta Air Lines continued to experience residual delays through the April 8-9 weekend following a series of damaging storms in the Atlanta area April 5.
Airlines & Lessors

By Mark Nensel
Video of a passenger being forcibly and roughly dragged from a United Airlines flight by law enforcement officers created outrage from customers and social media observers.
Airlines & Lessors

By Victoria Moores
Air Madagascar has signed a memorandum of understanding to create a strategic partnership with Reunion-based Air Austral, under a deal which is expected to be finalized by May 31.
Airlines & Lessors

By Polina Montag-Girmes
Aeroflot subsidiary Aurora Airline, which serves Russia’s far eastern regions, carried 303,530 passengers in the 2017 first quarter, up 10% year-over-year. The airline operated 5,161 flights, up 28% over the previous year, and carried 226,050 passengers on domestic routes and 77,490 on international.
Airlines & Lessors