Chilean operator Sky Airline has entered into a purchase-and-leaseback agreement with lessor BOC Aviation for three Airbus A321XLRs.

Global airlines consider capacity cuts, increased ticket prices and fuel surcharges to manage the short-term spike and long-term uncertainty caused by the war.

Influential airline investor Bill Franke talks with Aviation Week about more M&A deals, testing new elements in the ULCC model and where he sees opportunities.