Airlines & Lessors

Restructuring specialist 4K Invest has completed the majority takeover of Slovenian flag carrier Adria Airways.

Fastjet CEO Ed Winter has brought forward his leaving date to March 18, triggering the cancellation of an extraordinary general meeting calling for his removal.

Russia’s Federal Air Transport Agency, Rosaviatsia, has restricted Metrojet-branded Kogalymavia Airlines’ air operator’s certificate (AOC), prohibiting it from operating domestic and international flights from March 15 because of debt violations.

Royal Jordanian recorded a net profit of JD16 million ($22.5 million) in 2015, reversed from a loss of JD39.6 million in 2014.

For commercial airlines and airline groups worldwide, year-to-date 2016 passenger traffic, RPKs, load factors, and FTKs, as of March 15, 2016.

Eight international flights experienced tarmac delays on US soil exceeding four hours in January, according to the US Bureau of Transportation Statistics.

Russia’s VIM Avia will lease its first Boeing 777 from MC Aviation Partners, a Mitsubishi Corp. leasing subsidiary.

Boeing has delivered the first 787-8 to SMBC Aviation Capital to be leased to Spanish carrier Air Europa.

China Eastern Airlines plans to introduce a strategic investor by reducing its state-owned stakes to allow for more capital injection.

Danish lessor Nordic Aviation Capital (NAC) is to acquire US-based Embraer leasing specialist Jetscape Aviation Group for an undisclosed sum.

US Airlines tarmac delays of two hours or longer, ranked by percentage-delayed of the total number of regularly scheduled flights, lowest-to highest.

US airlines ranked by mishandled baggage reports per 1,000 passengers.

Cathay Pacific Airways plans to retire all of its Airbus A340-300s by the end of 2017, according to the carrier’s latest fleet plan.

US airlines on-time performance, ranked by percentage of flight arrivals on-time at all reporting airports at which these carriers operate.

Spanish low-cost carrier (LCC) Volotea has begun a complete rollover of its fleet with the arrival of its first Airbus A319.

American Airlines CEO Doug Parker says, now that much of the integration with US Airways has been completed, the carrier will focus on investing in its employees and onboard product.

Hawaiian Airlines is increasing services with its Ohana turboprop operation in the wake of flight cuts by local competitor Island Air.

Virgin Australia and Air New Zealand have joined forces in their quest to start using biofuel, and the new arrangement could result in a combined supply deal.

Lufthansa and Iran Air have signed a memorandum of understanding (MOU) to increase cooperation between the two companies as they explore “further business and partnership opportunities.”

Monthly percentages of total flight cancellations, per reporting airline. Ordered from lowest percentage of total flight operations canceled to highest.

US Airlines ranked by complaints per 100,000 passengers, lowest to highest; contrasted with complaint rankings from the previous month, and the year-ago month.

Russian airlines carried 5.1 million passengers in February, up 0.2% year-over-year (YOY), slowly reversing a downward trend, according to Russia’s Federal Air Transport Agency, Rosaviatsia.

Europe should change rules governing doctor-patient privacy when the patient’s mental state and job could put lives at risk, the French accident agency heading the investigation into the crash of Germanwings flight 9525 recommends.

Cargo aircraft lessor Air Transport Services Group (ATSG) inked a deal March 9 with online retailing giant Amazon to run an air cargo network in the US.

Southwest Airlines sees the potential for “hundreds of millions of dollars” in incremental revenue when it fully integrates its domestic and international reservations systems next year.