Long-haul value carrier Norse Atlantic Airways is facing short-term liquidity issues following the collapse of talks aimed at bringing in a strategic investor.
Cathay Pacific announced it will buy back the remainder of its shares from the Hong Kong government, meeting the timetable it had set to achieve this target.
Wizz Air UK's Marion Geoffroy says summer operational challenges have begun earlier than usual, while the ULCC is still struggling with GTF-related groundings.
Volotea and EasyJet are ready to act as "remedy takers," taking slots and/or routes to help ensure the approval of Lufthansa’s ITA Airways stake purchase plan.
Emirates has delayed introducing its new Airbus A350-900s on all but one of its planned initial group of routes following delivery delays of the aircraft.
The European Commission has approved Lufthansa’s move to acquire a stake in ITA Airways after remedies were agreed on to address Brussels' competition concerns.
Although major carriers operating on transatlantic routes don’t expect a repeat of 2023’s record performance during the summer high season, demand is resilient.
Creditors of Australian airline Bonza have decided to liquidate it, although investigations will still be conducted on potential violations of company law.