Airlines & Lessors

By Alan Dron
Moves are underway to revive Belgian regional and charter operator VLM Airlines, which declared bankruptcy in June 2016.
Airlines & Lessors

By Victoria Moores
Irish low-cost carrier Ryanair is in no rush to set up a UK air operator’s certificate (AOC) following the UK’s decision to exit the European Union (EU), or Brexit.
Safety, Ops & Regulation

FedEx Corp. has named longtime company executive David Cunningham president and CEO of FedEx Express, the cargo delivery company’s airline arm and largest operating unit.
Airlines & Lessors

By Victoria Moores
Shareholders in African low-cost carrier (LCC) fastjet have approved the sale of a 28% stake to Johannesburg-based Solenta Aviation Holdings.
Airlines & Lessors

By Alan Dron
European charter airlines have begun an emergency evacuation of their nationals from The Gambia, following rising fears of an armed conflict about to break out in West African country.
Airports & Networks

By Karen Walker
The aviation consultancy and advisory units of Seabury Group are being acquired by Accenture.
Airlines & Lessors

Julia Haywood is leaving United Airlines to return to the Boston Consulting Group (BCG), less than six months after she took the chief commercial officer job at the Chicago-based airline.
Airlines & Lessors

By Mark Nensel
Hong Kong-based China Aircraft Leasing Group (CALC) delivered 18 aircraft in 2016.
Airlines & Lessors

By Polina Montag-Girmes
Aeroflot low-cost subsidiary (LCC) Pobeda Airlines carried 4.3 million passengers in 2016, up 38.7% year-over-year (YOY).
Airlines & Lessors

By Polina Montag-Girmes
Russia’s UTair Aviation forecasts it will carry 7 million passengers in 2017, up 6.7% year-over-year (YOY), with a 3.9% increase in cargo volume to 20,146 tonnes.
Airlines & Lessors

China Southern subsidiary XiamenAir carried 23.7 million passengers in 2016, up 4.2% over 22.8 million in 2015 as market demand—especially on international routes—experienced rapid growth.
Airlines & Lessors

By Alan Dron
Etihad Aviation Group president and CEO James Hogan has acknowledged the scale of problems facing airberlin and Alitalia.
Airlines & Lessors

By Alan Dron
The coming year will see continuing expansion of Oman Air’s fleet and network, as it seeks to increase its input to the Omani economy, the carrier will announce at its annual internal conference.
Airlines & Lessors

By Linda Blachly
Aircraft & Leasing Briefs-Jan. 18, 2017
Aircraft & Propulsion

By Victoria Moores
Dublin-headquartered leasing giant AerCap leased, purchased and sold a total of 458 aircraft in 2016 and signed $4.6 billion in financing transactions.
Airlines & Lessors

United Airlines will initially test basic economy fares on flights to/from Minneapolis before rolling out the offering to its entire domestic network.
Safety, Ops & Regulation

By Victoria Moores
Latvia is aiming to bring in a strategic investor for airBaltic before the end of 2017, building on the 20% stake that was acquired in early 2016 by German investor Ralf-Dieter Montag-Girmes.
Airlines & Lessors

By Victoria Moores
Irish low-cost carrier (LCC) Ryanair will lodge a formal complaint against Lufthansa’s plans to wet lease 38 aircraft from its German competitor airberlin.
Airlines & Lessors

American Airlines has introduced a basic economy fare option as part of the Dallas/Fort Worth-based carrier’s effort to better compete with ultra low-cost carriers, such as Spirit Airlines and Frontier Airlines.
Safety, Ops & Regulation

United Airlines parent United Continental Holdings reported a full-year 2016 net profit of $2.3 billion, down 69.2% from net income of $7.3 billion in 2015.
Airlines & Lessors

Abu Dhabi-based Etihad Aviation Group and German holiday company TUI Group will reportedly name the planned European leisure airline group FlyNiki, a source involved in the negotiations told ATW.
Airlines & Lessors

Rapidly expanding Lufthansa Group low-cost (LCC) subsidiary Eurowings reportedly plans to add SunExpress Germany to its portfolio as it aims to quickly reach a competitive size in the European LCC market, a source involved in the project told ATW.
Airlines & Lessors

For Brazilian manufacturer Embraer's commercial aircraft, consolidated 2016 orders, deliveries and cancellations -- updated through the 2016 fourth quarter.
Aircraft & Propulsion

By Polina Montag-Girmes
Russia’s Aeroflot Airline has filed for bankruptcy of its Orenburg-based Orenair and Rostov-on-Don-based Donavia subsidiaries, according to documents filed in Orenburg and the Rostov region’s commercial courts this month.
Airlines & Lessors

Switzerland-based airberlin subsidiary Belair could be closed down by the end of March, the company has informed employees according to several media reports in Switzerland.
Airlines & Lessors