Airlines & Lessors

By Victoria Moores
UK long-haul, low-cost startup People Over Profit (POP) has delayed its launch from the fourth quarter of 2016 to the first half of 2017, partly because of slower-than-expected progress on its funding drive.
Airlines & Lessors

By Adrian Schofield
Malaysia-based low-cost carrier (LCC) AirAsia has confirmed that a significant proportion of its latest major Airbus narrowbody aircraft order will be allocated to its leasing subsidiary.
Airlines & Lessors

Airline operations to, from and within Turkey came to a complete standstill Saturday by an attempted military coup that left the country in chaos. But the CEO of Turkish Airlines told ATW that his airline expected to operate about half of its Istanbul schedule Saturday.
Airports & Networks

Low-cost carrier (LCC) Norwegian has reported a net profit of NOK745.4 million ($88.3 million) for the 2016 second quarter, more than doubling its NOK325 million net result in the year-ago June quarter.
Airlines & Lessors

Chicago-based United Airlines has agreed to pay the US government a financial penalty of $2.25 million for its conduct related to a federal bribery case, but will not be prosecuted criminally in the matter.
Airlines & Lessors

Air France-KLM Group has signed a new agreement with China Eastern Airlines to include Netherlands-based KLM in the existing joint venture between the French and Chinese carriers.
Airlines & Lessors

By Victoria Moores
Doha-based Qatar Airways has reached an agreement to take a 49% stake in Italian carrier Meridiana.
Airlines & Lessors

By Mark Nensel
Delta Air Lines posted a second-quarter net profit of $1.55 billion, up 4.1% over $1.49 billion in net income in the 2015 June quarter.
Airlines & Lessors

Alaska Airlines president and COO Ben Minicucci will additionally take on the role of Virgin America CEO when Alaska Air Group’s acquisition of Virgin America closes.
Airlines & Lessors

By Victoria Moores
Embraer Commercial Aviation president and CEO John Slattery has outlined his priorities after taking up his new role just ahead of the Farnborough Airshow.
Airlines & Lessors

By Mark Nensel
Doha-based Qatar Airways Group recorded a net profit of QR1.62 billion ($445 million) for its 2016 fiscal year ended March 31, 2016, more than quadrupling its net profit of QR373 million in FY2015.
Airlines & Lessors

By Polina Montag-Girmes
Budapest-based Wizz Air low-cost carrier (LCC) has selected Pratt &Whitney engines to power the 110 Airbus A321neos committed to at the Paris Airshow last year and finalized in September.
Aircraft & Propulsion

By Alan Dron
Boeing’s 787 may be a better fit for some expanding Chinese airlines rather than the larger 777 that has been selling to the country’s carriers in recent years, Boeing Commercial Airplanes president and CEO Ray Conner said at the Farnborough Airshow July 13.
Airlines & Lessors

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

By Karen Walker
Malaysia-based low-cost carrier (LCC) AirAsia signed a firm order with Airbus for 100 A321neos, the largest single new order for commercial jets announced so far at the Farnborough Airshow.
Aircraft & Propulsion

By Jens Flottau
Hong Kong lessor China Aircraft Leasing Corp. (CALC) and Hong Kong aviation investor Friedmann Pacific Investment (FPI) signed a preliminary order with Chinese manufacturer COMAC for 60 ARJ21-700 regional jets.
Aircraft & Propulsion

Vietnam Airlines has named Duong Tri Thanh, who has been Jetstar Pacific Airlines’ chairman since 2012, as its new president and CEO.
Airlines & Lessors

By Mark Nensel
Brazilian manufacturer Embraer delivered 26 commercial aviation aircraft in the second-quarter of 2016, one less than the year-ago
Aircraft & Propulsion

By Linda Blachly
US-based Air Lease Corp. (ALC) announced an order for six Boeing 737 MAX 8s at the Farnborough Airshow.
Airlines & Lessors

By Alan Dron
Gulf carrier Qatar Airways is to take a stake of up to 10% in South America’s LATAM Airlines Group, it was announced at the Farnborough Airshow July 12.
Airlines & Lessors

By Victoria Moores
Mitsubishi is closing in on its first European order after Swedish regional aircraft leasing specialist Rockton Aviation signed a letter of intent (LOI) to take 10 Mitsubishi MRJ90s and options on a further 10.
Airlines & Lessors

By Alan Dron
US lessor Air Lease Corp. (ALC) Airbus kicked placed a firm order with Airbus for three A350-900s plus a single A321.
Airlines & Lessors

By Mark Nensel
With the release of the first round of major US airlines’ operational data for June 2016, half-year results are taking form.
Airlines & Lessors

By Alan Dron
New Cyprus-based carrier Cobalt has launched initial services, with plans to ramp up its fleet and destinations over the next few weeks.
Airlines & Lessors

Air France-KLM Group has announced the resignation of CFO Pierre-François Riolacci, effective Nov. 4, when he will become CFO at Danish facilities manager ISS A/S.
Airlines & Lessors