Air Lease Corporation (ALC) experienced a quarter of “strong growth and meaningful aircraft sales”, which helped drive a $164 million net income. While the US lessor is confronted with continued delivery delays, the upside is strong demand for used aircraft…
Wizz Air is reducing its summer capacity growth by five percent to 25 percent, citing “continued infrastructure and supply chain limitations that are facing the industry.” This has all to do with the accelerated inspections of the Pratt & Whitney…
UPDATE – Eleven months since first announcing its intention to exercise options, Wizz Air shareholders have finally approved an order for 75 Airbus A321neo’s. During the airline’s annual general meeting in Geneva, the proposed purchase got the support of 18.229.812…
Spanish airline Air Europa is growing its fleet this summer with five leased Boeing 737-800s, followed by the first three MAX 8s next year. The airline is also growing the number of Boeing 787-9s with eight aircraft in the next two…
Air France-KLM looks back on a strong second quarter, with double-digit growth in revenues and a profit margin reaching ten percent again. Air France fared better than KLM, while leisure subsidiaries Transavia produced an HY1 net loss due to serious…
Strong leisure traffic helped Alaska Airlines to produce a solid Q2 net profit of $240 million, up 74 percent over the same period last year. High fares contributed to the result, but the airline is expecting them to drop in the…