Lufthansa Group has officially purchased a 41% stake in ITA with its capital infusion of €325 million, making the Italian carrier its fifth network airline.
The cuts were implemented in “various departments” across the company, and the airline still expects to emerge from a streamlined chapter 11 process in Q1 2025.
The order is part of an investigation into potential restriction of competition on transatlantic routes by Lufthansa Group airlines, United and Air Canada JV.
Some carriers, such as Wizz Air and Lufthansa Group, are confirming their return to Tel Aviv following the ceasefire agreement between Israel and Hamas.
It may be a new year, but Air France-KLM is not immune to the same old challenges affecting the Franco-Dutch group and the European airline sector at large.
VietJet is expanding its service to mainland China, more than doubling its offering to tap into strong demand from one of Vietnam’s largest tourist source markets.
As it celebrates its centennial, Delta is focused on building customer loyalty, unveiling new offerings and partnerships to attract and retain membership.
The certification came as Southwest formally signed an agreement with Icelandair, making the North Atlantic airline its first interline partner carrier.
A Japan Airlines Boeing 787-9 with drag-reducing riblet paint over most of the fuselage is expected to enter service on international flights in mid-January.
GOL plans to exit Chapter 11 bankruptcy in May and pledges an improving financial performance as more aircraft return to service after engine maintenance.
