Norwegian Air Shuttle’s proposed restructuring cleared a key hurdle March 26 as an Irish High Court judge approved the airline’s scheme to exit the examinership process.
As much as 30% of pre-crisis business travel may be permanently replaced by video-conferencing technology in the future, a team of credit analysts from Moody’s wrote in a new report.
EasyJet CEO Johan Lundgren, who assumed his new role as Airlines for Europe (A4E) chairman on March 25, anticipates a challenging year ahead as Europe’s airlines attempt to revive their air links in the wake of COVID-19.
Hong Kong-based China Aircraft Leasing Group (CALC) announced March 25 that it had agreed with Boeing to trim its order for 737 MAX family aircraft from 92 aircraft to 66.
Airline initial public offerings (IPOs) are relatively rare events in the U.S., with just two carriers going public during the last decade—Mesa Airlines in 2018 and Virgin America in 2014.
Hawaiian Airlines is the latest U.S. operator to cite growing momentum in bookings, and as a result the company’s outlook for the first quarter has improved.
European airlines have welcomed news of progress on a European Commission plan aimed at facilitating international travel while calling on governments to do more to support a summer recovery.
WestJet said it will restart passenger services at five Atlantic airports as Canadian airlines prepare for a hoped-for air travel recovery this summer.
Central African carrier RwandAir reported March 24 that it has become the first airline on the continent to vaccinate all personnel against the coronavirus.
The Airlines Association of Thailand (AAT) is hoping the country’s government will move forward its border reopening plan from October to July, together with a “tourism sandbox” currently planned for Phuket, the Bangkok Post reports.
Aer Lingus will begin its inaugural transatlantic services from the UK in July, launching an initial three routes from Manchester (MAN) this year with a fourth to follow in 2022.