Scandinavian Airlines’ fiscal 2023 first quarter, which is typically a lot weaker than other quarters, featured steady increases in passengers and revenue.
The South African government has stepped in with more financial support for SAA, as one of the final stages in the airline exiting the business rescue process.
JetBlue in July announced its $3.8 billion deal to acquire ULCC Spirit and has been awaiting regulatory approval, a process Hayes acknowledged was “complex.”
Does progress in ITA Airways privatization saga at the start of 2023 mark the start of a year of consolidation for Europe’s vulnerable secondary airlines?