Thai Airways will submit its proposed rehabilitation plan to Thailand’s central bankruptcy court on March 2 after the flag-carrier’s request to postpone the submission was approved again.
Airbus risk-management subsidiary Skytra has made it possible for airlines to hedge revenue for the first time, by gathering data covering 83% of daily worldwide ticket sales. Skytra co-founders Elise Weber and Matthew Tringham discuss how this came about and what it means for airlines.
Ethiopian Airlines and CemAir have started implementing an interline agreement which allows passengers enjoy seamless travel with a single ticket and lower cost between points within the carriers’ networks.
The International Air Transport Association (IATA) called on governments to partner with the air transport industry to devise plans to safely re-link people, business and economies when the COVID-19 epidemiological situation permits.
Air Peace, Nigeria and West Africa’s largest airline, took delivery of their first E195-E2 aircraft yesterday. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air Peace fleet in Nigeria.
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
Background provided by EASA on its formal Boeing 737 MAX return-to-service (RTS) approval sheds light on future changes on tap for the narrowbody family.
Boeing has pushed back first deliveries of the 777X by an additional year to the end of 2023 after disclosing the need for a late flight control system-related modification driven by stiffer certification requirements in the wake of the 737 MAX experience.
The European Commission (EC) has reportedly told the Italian government that it cannot simply transfer Alitalia’s assets into the country’s new national carrier Italia Trasporte Aereo (ITA).
Canadian ULCC Flair Airlines announced an agreement to lease 13 Boeing 737 MAX aircraft, as it looks to grow its fleet while bringing down fares in the domestic air travel market.
European air cargo execs are calling for greater regional harmonization and streamlining measures to support their sector as it transports COVID-19 vaccines worldwide.
