April 13, 2018 12:00 pm ET
March 12, 2018 7:14 am ET -
WestJet Announces Surprising Executive Leadership Change
Canada’s second-largest airline, WestJet, announced last week that their long-time CEO Gregg Saretsky would be retiring with immediate effect. The move on Thursday surprised many in the aviation industry given the immediacy of the decision and Saretsky’s success in leading…
March 11, 2018 1:03 pm ET -
A Big Step Back for Qatar Airways
Qatar Airways announced on Wednesday they would report a "very large loss" for the current fiscal year as a result of a blockade placed on the nation by various other Middle East nations last June. The blockade – imposed by…
March 5, 2018 8:00 am ET -
Airline Giant HNA Aviation Given Lifeline by Chinese Government
China’s HNA Group, owner of Hainan Airlines, has been granted a lifeline by the Chinese government amid recent financial troubles, mainly surrounding a large amount of debt accrued due to numerous acquisitions. One of HNA’s largest and most well-known entities is…
December 29, 2017 10:09 am ET -
$2.2 Billion: Two Ways to Run a Profitable Airline
$2.2 billion. The net profit of two of the world’s major airlines in 2016. Those airlines, however, have much less in common than their financials might seem to indicate. One operates the truest example of a hub-and-spoke model in the…
November 17, 2017 8:00 am ET -
Whether to Lease or to Buy: An Introduction to Aircraft…
Aircraft are considerably expensive purchases, especially when buying dozens of them for your airline. With orders frequently totaling in the billions of dollars, it is hard to imagine how an airline could possibly pay for all of the planes they…