AZUL reached agreements with aircraft lessors and OEMs to eliminate pro-rata share of current balances of >92% of its existing equity issuance obligations, totaling about R$3b, in exchange for up to 100m of new preferred Azul shares.
Etihad Airways is planning to announce significant network expansion over the coming months as it prepares to take delivery of its first Airbus A321LR.
Speaking at Routes World, Justin Erbacci said that while passenger traffic is set to exceed 2019 levels this year, airports continue to face financial pressures.
On World Teachers’ Day, both Emirates and Emirates Flight Training Academy (EFTA) have hailed their flight instructors for piloting the future of aviation.
Indian carrier SpiceJet is set to induct 10 new aircraft in November, including three grounded aircraft, following its successful fundraising campaign in September.
KLM announced series of measures to increase productivity, simplify the organization, cut costs, and defer or postpone investments, to structurally improve its operational and financial performance (by €450m in the short term).
