Air Canada plans to have 12 dedicated freighters in its fleet by the end of 2024, part of an effort to build greater revenue diversification into its operation.
TAP Air Portugal (TAP) is tracking close to pre-pandemic unit revenue and costs, despite higher fuel costs and a smaller fleet, but interest costs and unfavorable dollar exchange rates pushed the company to a €202 million ($201.7 million) first-half net loss.
Passenger demand is starting to resemble past cycles, but some new trends are emerging in how customers travel, a top American Airlines executive says.
Bidders for a majority stake in ITA Airways have submitted improved offers to the Italian government in advance of a deadline that expired Aug. 22, but industry sources fear political uncertainty in Italy could once again hold up the long-drawn out sale process.
ExpressJet, the long-time regional feeder airline that morphed into a stand-alone leisure operator under the aha! brand, has filed for bankruptcy protection.