Akasa is looking to enter agreements for about $300 million in structured debt—a change of direction from its previous plans to issue substantial new equity.
“Vueling has always seized opportunities at Orly—it is a key airport,” Charlotte Dusmenil, Vueling’s director for sales and distribution, tells Aviation Daily.
Frontier Airlines will start service to 12 new destinations from Philadelphia International Airport (PHL) in May, including Chicago, Detroit and Indianapolis.
China Eastern will become the first Chinese airline offering regular scheduled flights to Saudi Arabia, while China Southern is adding a second route to Iran.
As many challenges begin the year, carriers anticipate high labor and maintenance costs, delivery delays and air traffic control shortages in the rest of 2024.
Lufthansa's labor conflicts may lead to a reset to higher structural costs in many of its divisions and could set the tone for some of its rivals to follow.
Premium leisure startup Beond Airlines has taken delivery of its second aircraft, an Airbus A321, which will be used to add flights to Bangkok, Dubai and Milan.
Scandinavian LCC Norwegian and regional airline Widerøe, officially combined since Jan. 12, are beginning to roll out the first stages of their new cooperation.
