The move was prompted by Australian government statements this week that international travel to and from Australia will probably remain at low levels until mid-2022.
So far only three routes have been launched but the LCC intends to grow its network to 14 destinations from Russia’s busiest airport over the course of the summer season.
British Airways (BA) and Lufthansa are among the latest airlines to pause flights to Tel Aviv, following the likes of American Airlines, Delta Air Lines and United Airlines in suspending their services to Israel.
Alaska Air Group is adding more Boeing 737 MAX and Embraer aircraft to its fleet to prepare for a full recovery in U.S. domestic travel by the summer of 2022.
Luxembourg national carrier Luxair is cautiously optimistic about its prospects for the coming months, according to its annual report published May 10.
International Airlines Group (IAG) has taken further moves to bolster its balance sheet with the launch of an offering of senior unsecured bonds, convertible into ordinary shares.
While the concept of DHPs is not without controversy, DHPs can provide a safe and responsible solution to ease the current barriers to travel. But can they alone power a global travel resurgence?
The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.
IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.
A team of credit analysts from Moody’s upgraded their outlook for airlines from negative to positive, reflecting rising vaccinations and easing border restrictions around the globe, although significant variation exists between geographies.
Since the beginning of the COVID-19 crisis, air cargo has taken on a more important role within the broader airline industry–and industry experts believe that it may continue to occupy a greater role than it did before the pandemic as the recovery progresses.
Austrian Airlines’ long-planned retirement of its De Havilland Dash 8-400 fleet has left the carrier with a capacity gap beneath its smallest jet aircraft, the Embraer E195, on short-haul routes.
Lufthansa has agreed to extend a special pro-rate agreement (SPA) with leisure carrier Condor in a bid to prevent Germany’s anti-trust authority Bundeskartellamt from formally intervening on Condor’s side.
A pair of U.S. senators penned a letter to seven airlines urging them to promptly issue cash refunds for flights canceled during the coronavirus pandemic, regardless of whether the flights were canceled by the passenger or carrier.
LATAM Airlines Group has reached a deal with Boeing to terminate orders for five widebody aircraft as it continues to restructure under Chapter 11 bankruptcy protection.
The travel bubble established between Australia and New Zealand may be groundbreaking, but two brief suspensions within the space of two weeks highlight the challenges facing such an approach.
