Airlines & Lessors

Virgin America, which started operations out of San Francisco in 2007, is reportedly in talks to sell itself to either Alaska Air Group or US independent JetBlue Airways.
Safety, Ops & Regulation

By Linda Blachly
People-March 29, 2016
Safety, Ops & Regulation

As released by the US Federal Aviation Administration (FAA) on March 25,2016, a comprehensive list of unmanned aircraft system (UAS) sightings reported to the FAA by commercial passenger and air cargo carriers from Nov.13, 2014 through Jan. 31, 2016.
Airlines & Lessors

Hainan Airlines reported a 2015 net profit of CNY3 billion ($462 million) in 2015, up 16% from a net income of CNY2.59 billion in 2014.
Airlines & Lessors

Azul Brazilian Airlines has acquired $90 million in convertible bonds in TAP Portugal, the equivalent of 40% of the economic value of TAP Portugal, spokesperson Isabela Palma told ATW.
Airlines & Lessors

By Alan Dron
Italian carrier Meridiana is targeting breakeven this year after several years of heavy losses.
Airlines & Lessors

By Linda Blachly
Indianapolis-based Republic Airways Holdings, the parent company of regional carriers Republic Airlines and Shuttle America, has reached an agreement with Delta Air Lines to “holistically restructure the parties’ codeshare relationship.”
Airlines & Lessors

By Mark Nensel
El Al Israel Airlines posted a $106.5 million net profit for 2015, reversing a 2014 net loss of $28 million as passenger numbers increased 7.6% over the year.
Airlines & Lessors

German investor Intro Aviation—which acquired Irish regional CityJet and its Belgium-based subsidiary VLM in April 2014—has sold CityJet following a successful turnaround program to CityJet founder Pat Byrne and a consortium of private investors.
Airlines & Lessors

By Mark Nensel
Virgin Atlantic Group posted £22.5 million ($33.4 million) in pre-tax profit for 2015, up 81.5% from its £12.4 million pre-tax profit in 2014.
Airlines & Lessors

By Alan Dron
The first French long-haul low-cost carrier (LCC) will make its debut later this year, as French Blue begins services to the Caribbean.
Safety, Ops & Regulation

By Karen Walker
All Nippon Airways (ANA) has more than doubled its traffic to and from the US in the five years since it began its immunized joint venture (JV) with United Airlines.
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

Year-over-year changes at US airlines with over 1000 Full-time Equivalent (FTE) employees, ranked by increase/decrease in employees. FTE calculations count two part-time employees as one full-time employee.
Airlines & Lessors

Airport passenger traffic for 2016, organized by world region. Year-over-year percentage changes provided by Airports Council International.
Airlines & Lessors

India’s flag carrier is the country’s third largest after IndiGo and Jet Airways in terms of passengers carried. Pankaj Srivastava has been CCO at Air India since March 2013 and is a board member.
Airlines & Lessors

Airport freight traffic in metric tonnes for 2016 year-to-date, organized by world regions. Year-over-year percentage changes provided by Airports Council International.
Airlines & Lessors

By Mark Nensel
Brussels Airlines reported a 2015 net profit of €41.3 million ($45.1 million), reversing a €4.2 million net loss from 2014.
Airlines & Lessors

By Alan Dron
Most airline executives will go through their careers without seeing their company undergo a change of ownership. Managers at Antwerp-based VLM went through two in six months. Having survived that rollercoaster ride, VLM is focusing on a return to a quieter life—and profitability.
Airlines & Lessors

By Alan Dron
Oman Air recorded a net loss of RO86 million ($223 million) in 2015, a 21.2% improvement over 2014.
Airlines & Lessors

By Alan Dron
Low-cost carrier (LCC) Norwegian is leasing an additional two new Boeing 787-9s for its growing long-haul operations.
Airlines & Lessors

By Polina Montag-Girmes
Russia’s S7 Airlines increased domestic traffic 25.2% in February.
Airlines & Lessors

By Victoria Moores
Fastjet shareholder Stelios Haji-Ioannou has accused the African carrier of being in breach of its brand license, deepening the rift with airline management.
Airlines & Lessors

Lufthansa Cargo (LHC) reported earnings (adjusted EBIT) of €74 million ($81 million) for 2015, down 40% compared to €123 million in 2014.
Airlines & Lessors