Airlines & Lessors

Russia's Aeroflot Group carried 28.7 million passengers in January-August 2016, up 8.9% year-over-year (YOY).

Aircraft values and prices, world airline traffic figures, selected airport traffic and more

UK low-cost carrier (LCC) easyJet is close to taking a stake in Germany-based TUIfly so it can secure traffic rights within Europe even after the UK leaves the European Union (EU), Germany’s Manager Magazin reported.

Air Canada will start daily Montreal Trudeau-Shanghai Pudong Boeing 787-8 flights from Feb. 16, 2017.

People-Sept. 23, 2016

Standards of passenger behavior on UK airlines have plummeted in recent years, according to figures compiled by the Civil Aviation Authority (CAA), the UK regulator.

Ireland-based Ryanair remains one of the world’s most successful low-cost carriers and is still in growth mode.

Kay Kratky became CEO Austrian Airlines in August 2015 after holding management positions at Lufthansa Cargo and Jade Cargo International in Shenzhen

Chinese carriers are picking up the pace of their international expansion plans, but will chasing market share hurt profits?

China’s Sichuan Airlines is expected to introduce four leased Airbus A350-900s to facilitate its international expansion.

IATA has decided to make the transformation of airline finance divisions one of its major objectives, after gaining broad industry support for this initiative.

Perth, Australia-based Network Aviation, a regional carrier subsidiary of Qantas, joined the oneworld global airline alliance Sept. 22 as an affiliate member.

The global airline industry is set for another strong collective profit this year, but there are indications that its financial improvement could be slowing.

IATA is proposing to launch an industry initiative aimed at improving the capabilities and effectiveness of airline finance departments.

Cutting across company department silos and ensuring the voices of all departments are heard is critical to an airline’s financial success, the CEO of Qantas Airways believes.

Speed and innovation will be essential to securing the future of a healthy global air transport industry as the world grows more uncertain and more difficult to predict, the new IATA chief said in his first public speech since joining the association.

A JetBlue Airways first officer was temporarily blinded by a laser during a Sept. 19 flight from Boston (BOS) to Washington National (DCA), according to an FAA incident report.

African low-cost carrier (LCC) Fastjet recorded a 2016 first-half $15 million net loss, reversed from a net profit of $6.4 million for the year-ago period.

Airbus Group reportedly will name Fabrice Brégier, who has been the president and CEO of the Airbus commercial aircraft division since June 2012, Group COO as part of a major reorganization.

The European Commission has given approval for Chinese firm HNA Group, the parent of Hainan Airlines, to acquire Swiss airline catering firm Gategroup Holdings.

Dubai-based Emirates Airline will roll out a seat selection fee for passengers traveling on its lowest fares beginning Oct. 3.

Central and Eastern European low-cost carrier (LCC) Wizz Air is aiming to become the lowest-cost airline in Europe, setting its sights on overtaking Irish LCC Ryanair.

Portuguese carrier Azores Airlines will lease six new Airbus A321neos—including four A321LR long-range versions—from US lessor Air Lease Corp. (ALC).

Greece’s Aegean Airlines saw its 2016 first-half results slip into the red, recording a net loss of €23.7 million ($26.3 million) compared to a net profit of €14.8 million a year ago.

Kazakhstan flag carrier Air Astana wants to place a stronger emphasis on long-haul flights, and believes its low-cost structure will enable profitable growth.