Strong recoveries by two Asia-Pacific LCCs are helping confirm predictions this business model would be well-suited to the post-pandemic industry environment.
IATA Director General Willie Walsh says the chances of mergers or acquisitions materializing is low because airlines still need to repair their balance sheets.
Virgin Atlantic plans to buy 10 million U.S. gal. per annum of sustainable aviation fuel (SAF), to be produced by Gevo and supplied by Delta Air Lines.