Greece’s Aegean Airlines, riding a wave of inbound tourism, reported an 18% operating margin for the April-to-June quarter. That was just a point less than what Europe's profit champion Ryanair…
As September approaches, the world’s airlines can’t help but wonder what lies ahead. More of the same demand strength that propelled the industry to strong springtime profit margins — margins…
Most airlines have now reported their financial results for the second quarter, and none so far has performed better than Air Arabia. The low-cost carrier, based in the United Arab…
Turkish Airlines and Thai Airways, both members of the Star Alliance, signed a preliminary agreement to “move towards” a network joint venture covering flights between Europe and the Asia-Pacific region.…
AerCap, the world’s largest aircraft leasing company, does not see the commercial aircraft shortage ending anytime soon, even as demand for aviation assets remains robust.
Air France-KLM is talking to Apollo Global Management about raising funds to improve its balance sheet, in a deal that would involve spinning off its loyalty plan into a new entity.…
AAR, a major provider of maintenance and repair services to airlines worldwide, told investors that industry supply-side constraints are easing but remain problematic. The company, headquartered near Chicago, provided an…
LOT Polish, Poland’s national airline, claims to have earned a 8.3 billion Polish zloty ($26 million) net profit last year. The result marks a return to profitability after two years…
Late last week, Australia’s competition regulator proposed reauthorizing a joint venture between Qantas and Emirates for another five years. The partnership, first launched in 2013, allows the two airlines to…