Frontier Airlines added a $250 million reverse termination fee to its proposed bid for Spirit Airlines, part of an effort to fend off a hostile takeover effort by JetBlue Airways ahead of a crucial vote by Spirit’s shareholders.
While only a handful of Asia-Pacific airlines have gone out of business due to COVID-19, there have been some significant consolidation moves via mergers—with more on the horizon.
Amsterdam Schiphol is appealing to its airline passengers to not arrive too early for flights, and to minimize their baggage, in the latest attempt to minimize disruption at the airport.
A new program for a clean-sheet airliner from Boeing is still “at least a couple of years” away from being formally launched as the airframer hones the digital tools it will rely on to differentiate the aircraft, Boeing CEO and President Dave Calhoun told an investor conference June 3.
South African Airways (SAA) plans to step up frequencies to fill the hole in the nation’s flight timetables caused by the suspension of flights by compatriots Comair.
The new building at United Airlines' Denver Flight Training Center will house additional simulators and training classrooms, part of an effort to hire and train thousands of new pilots in coming years
Sukhoi and MiG have formally merged with parent company United Aircraft Corp., with both legacy Soviet fighter manufacturers having ceased to exist as separate entities as of June 1. “Strong and worldwide-known Sukhoi and MiG brands will last in the assembled aircraft, while their reputable design schools will continue to evolve,” said Sergey Chemezov, CEO of Rostec, UAC’s parent company.
The future of aviation manufacturing could be dramatically quieter, cleaner, more efficient and productive, and its Mecca might be located in the Blue Ridge Mountains of western North Carolina.
Airlines are calling for amendments to proposed European environmental rules including those governing sustainable aviation fuels (SAF), after European Union transport ministers agreed on the latest package of legislation in the bloc’s Fit for 55 emissions reduction plan.
The world’s largest regional aircraft lessor, Nordic Aviation Capital (NAC), has emerged from Chapter 11 proceedings with a significantly deleveraged balance sheet.
