Latvian carrier airBaltic has become the latest EU airline to offer a bundled holiday product, following similar pushes by UK LCC easyJet and British Airways (BA).
U.S. lessor SKY Leasing has closed a $663 million note offering, generating funds to acquire a portfolio of 16 Airbus and Boeing aircraft which includes 10 A321neos.
Airlines based in the EU and ASEAN are set to gain air rights to operate more services between the blocs after negotiations seven years in the making came to fruition.
African carriers lost $10.21 billion in revenue in 2020 and are set to take a further $8.35 billion hit in 2021, with widespread vaccine rollout not expected until 2023.
The privatization of Air India is still expected to occur this year despite delays caused by the coronavirus pandemic, according to a senior government minister.
El Al Israel Airlines is strategizing on how to deal with both the consequences of the COVID-19 crisis and changing market conditions in a post-pandemic environment.
IATA is criticizing EASA’s Safety Directive banning European aircraft from entering Belarusian airspace, following the May 23 forced landing of a Ryanair flight in Minsk.
United Airlines believes dynamics in the post-pandemic domestic market will be different for LCCs looking to capitalize on the shrinking of larger network airlines.
Plans for Ecuadorian startup Ecuatoriana Airlines were finalized in late 2019, before the COVID-19 pandemic upended the aerospace industry, and prior to the demise of the country’s former flag carrier Tame.
American Airlines said it turned cash-positive in May for the first time in a year, and expects the momentum to continue through the summer, driven by strong demand for leisure travel.
The United deal, which also covers options for 35 additional aircraft, envisages introduction of the first civil supersonic services on trans-Atlantic and Pacific routes by 2029.