Alitalia’s top executives will see their pay drop by 20% and administrative staff has agreed to reduced salaries and working hours under the carrier’s latest turnaround drive.
Air Berlin CEO Wolfgang Prock-Schauer said the carrier will operate from just one airport in Berlin, as delays continue for the new Berlin Brandenburg Airport.
Ethiopian Airlines is weighing potential compensation for the Boeing 787 grounding, CEO Tewolde Gebremariam told ATW this week on the sidelines of the IATA AGM in Cape Town.
Air New Zealand is further increasing its stake in Virgin Australia under an agreement to acquire a further 3% of the shares of the Australian carrier and take its interest to almost 23%.
Alaska Airlines and its 1,480 pilots, represented by the Air Line Pilots Association (ALPA), have reached a tentative agreement on a new five-year labor contract.
China Eastern Airlines’ subsidiary China Cargo Airlines officially joined SkyTeam Cargo alliance Wednesday as it aims to expand its international route network.
New Lithuanian start-up Air Lituanica has agreed to lease an Embraer E-170 from Estonian Air and an E-175 from ECC Leasing, as its launch date approaches.
Low-cost carrier Norwegian Air Shuttle will deploy its Boeing 787s on European routes this summer to familiarize pilots with the type before using the aircraft on long-haul missions.
