Finnair plans to cut just under 150 jobs from its workforce in its latest move to cut costs, as it continues to struggle against major changes to its operating environment.
Former Ryanair Chief Marketing Officer Kenny Jacobs has been appointed CEO of state-owned Dublin and Cork airport operator DAA starting in January 2023.
Strong demand and a favorable non-fuel unit cost performance resulted in Copa Holdings posting an industry leading operating margin for the third quarter (Q3) and delivering a quarterly net income that surpassed its pre-pandemic performance.
Delta’s pilot union leadership has described the latest round of negotiations as “a highly uncharacteristic week of making meaningful progress at the table,” marking a sharp shift in tone from previous public statements.
Saudia Group, owner of flag-carrier Saudia and LCC flyadeal, has signed a sale and leaseback agreement with AviLease that will see the new Saudi lessor deliver 20 Airbus A320neo to flyadeal.
Italy’s economy ministry has appointed Antonino Turicchi as the new chairman of ITA Airways in the latest change at the carrier, whose privatization process remains stalled.
Air India’s owner Tata Group and the Singapore Airlines (SIA) Group have almost finalized negotiations that would see their joint venture (JV) Vistara merged with Air India, according to a local press report.
The Nigerian government intends to go to court to get its new national carrier back on track, after several of the country’s airlines won an injunction to halt the new airline's formation.
The modifications are particularly tailored to address areas of interference and parasitic drag around the fuselage that have never previously been tackled or only partially treated over the life of the aircraft.
Despite the government’s efforts, annual traffic is not expected to reach the 100-million-passenger target that the Kremlin had set for the industry earlier in 2022.