Airlines & Lessors

China’s privately run Nanshan Group has purchased a 19.98% stake in Virgin Australia from Air New Zealand.
Airlines & Lessors

Lufthansa CFO Simone Menne has asked the Deutsche Lufthansa AG supervisory board for an early termination of her contract on the executive board, effective Aug. 31, to pursue other career options.
Airlines & Lessors

Airbus and Boeing commercial aircraft deliveries for 2016 year-to-date, sorted by most-recent delivery date.
Aircraft & Propulsion

By Victoria Moores
UK regional airline Flybe has posted a £6.8 million ($9.9 million) net profit for its full 2015-16 financial year, reversing a £35.7 million prior-year net loss.
Airlines & Lessors

Pacific island flag carrier Solomon Airlines will resume services following a grounding of its fleet over a payment dispute with its main funding partner, the Solomon Islands government.
Airlines & Lessors

By Victoria Moores
SAS Scandinavian Airlines is facing the threat of two walkouts, as it seeks to hammer out labor deals with its Norwegian and Swedish pilots.
Airlines & Lessors

By Victoria Moores
African budget carrier fastjet has named Nico Bezuidenhout, who has led South African Airways (SAA) and its budget subsidiary Mango, as its new CEO.
Airlines & Lessors

Colombia flag carrier Avianca is open to investor opportunities to help it grow when Brazil’s economic conditions improve, Avianca Brasil CEO Jose Efromovich told ATW.
Airlines & Lessors

By Alan Dron
Bahraini flag carrier Gulf Air moved closer to breakeven in 2015, reducing its net loss to BD24.1 million ($63.6 million) from BD62.7 million in 2014.
Airlines & Lessors

By Victoria Moores
Paris Orly-based long-haul, low-cost startup French Blue has taken delivery of its first aircraft, a new Airbus A330-300, and is aiming to launch operations on Sept. 10.
Aircraft & Propulsion

By Victoria Moores
KLM Royal Dutch Airlines will phase out its final Fokker 70 on Oct. 29, 2017, ending 20 years of service.
Aircraft & Propulsion

By Linda Blachly
People-In the News-June 7, 2016
Airlines & Lessors

Lufthansa Group chairman and CEO Carsten Spohr hopes to complete a strategic joint venture (JV) with Star Alliance partner Air China by fall 2016.
Airlines & Lessors

By Victoria Moores
Danish regional aircraft lessor Nordic Aviation Capital (NAC) has agreed to buy 25 Embraer E175 and E190 aircraft from US-based Air Lease Corp. (ALC).
Airlines & Lessors

By Polina Montag-Girmes
Russia’s Federal Air Transport Agency, Rosaviatsia, has canceled the air operator’s certificate (AOC) of Aeroflot Group subsidiary Orenair from May 26.
Airlines & Lessors

Star Alliance has appointed Jeffrey Goh as CEO as of Jan. 1, 2017, succeeding Mark Schwab who will retire at the end of the year.
Airlines & Lessors

By Victoria Moores
Irish budget carrier Ryanair CEO Michael O’Leary believes that “a lot” of low-cost carriers (LCCs) will feed other airlines within five years.
Airlines & Lessors

By Alan Dron
African low-cost carrier (LCC) fastjet narrowed its net losses in 2015, recording a deficit of $16.9 million compared to its $58.5 million loss a year earlier.
Airlines & Lessors

By Alan Dron
Pilots at Air France have given notice of a four-day strike next week, in protest at what they say are deteriorating working conditions.
Safety, Ops & Regulation

By Alan Dron
Spanish low-cost carrier (LCC) Volotea is to open a new base in Genoa, Italy. It will be its fourth base in the country and its ninth in Europe.
Airlines & Lessors

By Karen Walker
IATA’s incoming chief pledged to continue driving forward key global airline initiatives and to be a “tireless advocate” for the industry in remarks after he was officially confirmed as the association’s next director general and CEO.
Airlines & Lessors

By Adrian Schofield
Japan Airlines (JAL) will continue to follow a conservative growth strategy, even after expansion restrictions are removed by regulators, according to chairman Masaru Onishi.
Airlines & Lessors

Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest and comparative figures for the current week.
Airlines & Lessors

By Alan Dron
El Al Israel Airlines posted a 1Q 2016 net loss of $21.4 million, widened from the company’s $16 million net loss in 1Q 2015.
Airlines & Lessors

By Victoria Moores
China’s HNA Group is continuing its flurry of airline and aviation acquisitions, entering exclusive talks to buy 49.99% of Air France’s Servair catering arm.
Airlines & Lessors