South African airline Comair has swelled its capital by a further R270 million ($19 million), generated from the sale of its SLOW Lounge business and an anti-trust settlement payment from South African Airways (SAA).
Twenty years on from 9/11, the global industry is battling the COVID-19 pandemic, which has shaped up to be the worst crisis in the history of commercial aviation. But the difference between then and now is that U.S. airlines are poised to recover more rapidly.
Thai AirAsia (TAA) is turning to retail investors and the public to shore up its short-term liquidity by introducing a low-entry investment bond scheme.
As the Omani LCC's fleet expands, one consultant in the region believes SalamAir should now focus on reducing its maintenance costs and building a stronger partnership with flag-carrier Oman Air.
The European Commission found that Italy's new national carrier ITA is not the economic successor to Alitalia, and is therefore not liable to repay state aid deemed illegal.
Bahrain’s flag-carrier Gulf Air plans to launch its inaugural route to Israel before the end of the month—almost a year after the two countries formally established diplomatic relations.
Even though new working practices have established themselves during the pandemic, personal contact with customers, business partners and employees in international branches is missing, says Austrian Airlines CCO Michael Trestl.
The global fleet of 128 Boeing 777s with PW4000s has been grounded since late February following a failure onboard a United 777 near Denver—the third PW4000-pow
U.S. airlines warned of softening demand for post-Labor Day air travel, although they expect the weakness to subside in time for the winter holiday season.
Airline analysts expect that ULCC Ryanair will eventually buy the Boeing 737 MAX 10, despite walking away from negotiations with the planemaker over an inability to agree on prices for the large-capacity model.
EasyJet said it had rejected a takeover offer as it establishes plans for a £1.2 billion ($1.7 billion) rights issue and a new $400 million credit facility that should help protect it from the risk of a faltering pandemic recovery.
Emerald Airlines, the Irish operator scheduled to take over Aer Lingus’s regional operations, has been granted its Air Operator Certificate (AOC), the airline announced Sept. 8.
Named Sunan Ruili Airlines, the airline has also moved its headquarters from Kunming to Wuxi and opened a second hub at the latter city’s Sunan Shuofang International Airport (WUX).
Emirates announced that it will be expanding its operations in and out of South Africa, boosting its schedule to 28 weekly flights from the end of October and bringing back its flagship aircraft.
Hawaiian, which provides the only regularly scheduled air link between the two island chains, paused flights for 17 months at the request of the American Samoa government.
China’s largest LCC Spring Airline has returned to profitability for the first half (H1) of 2021, joining China Express Airlines as one of the few listed airlines to post profits.
