EasyJet has rejected a third bid by Castlelake to acquire its share capital at £6.25, an offer the UK-based LCC said was an attempt to acquire it “on the cheap”.
The CEO of Azores Airlines' parent company SATA Air Azores Group is hopeful that the rebooted privatization process for the Atlantic carrier will see it sold by year-end.
Although airline revenues are estimated to once again exceed $1 trillion for the third year running, IATA projects net profits will only reach $23 billion in 2026—a significant reduction from the $41 billion the association forecasted last December.
LATAM is preparing for its Premium Comfort cabin rollout and Airbus A321XLR deliveries as corporate demand remains steady despite geopolitical tensions.
Qatar Airways appoints a new chief operating officer and chief customer officer as it reaches 85% network recovery with its 160-destination summer schedule.
SAF producers and proponents of electric flight urge the EC to extend the European Union Emissions Trading System to flights departing the 27-nation EU bloc.
The agreement intended to bring an end to conflict in the Gulf and reopen the Strait of Hormuz will potentially give Iran the opportunity to rebuild its civil aviation fleet.
Alaska Airlines has promoted its current CFO Shane Tackett to President; in the new role he’ll continue to lead Alaska’s finance, fleet management, investor relations, supply chain and other functions.
The aircraft marks a significant step in the carrier’s efforts to expand its domestic and regional connectivity; it is the first of two Twin Otter Classic 300-Gs Ethiopian has ordered.
