Norwegian start-up LCC Flyr, a project backed by industry veteran Erik Braathen, has raised NOK600 million ($70.7 million) through a private placement and will list on the Oslo Stock Exchange in March.
In March, Korean Air plans to reveal more details about how it will integrate Asiana Airlines after their merger and how the airline will combine its expanded stable of LCCs.
Gulf LCC flydubai is preparing for the return to service of its Boeing 737 MAX fleet after the UAE’s General Civil Aviation Authority (GCAA) gave the go-ahead for the type to operate once again.
American Airlines and JetBlue Airways are launching the first phase of their partnership with the start of 33 new routes and codeshares on nearly 80 more from New York and Boston.
The Association of Asia Pacific Airlines (AAPA) is taking a three-pronged approach to the recovery of the air transport industry: widespread vaccination in both developed and developing countries, new border protocols that utilize the latest technology and keeping sight of sustainability.
Aeromexico saw some encouraging signs in Mexico’s domestic market at the end of 2020, but similar to most countries worldwide, Mexico’s recovery appears to be choppy.
Conditions remain challenging in the first quarter of 2021, in which the group expects to operate 40% of pre-pandemic capacity as ongoing COVID-19 lockdowns and travel restrictions stifle flying
Groupe ADP, the operator of Charles de Gaulle (CDG) and Orly (ORY) airports, said pre-pandemic levels of traffic at its Paris airports are not expected to return until 2024-27.
Asiana Airlines managed to achieve a net profit in the fourth quarter largely thanks to its cargo operation which narrowed its full-year loss amid the pandemic.
U.S. airlines carried approximately 60% fewer passengers in 2020 than in 2019, according to new data from the U.S. Transportation Department’s Bureau of Transportation Statistics (BTS).
In a sign of optimism over the future of the cargo market, Ireland-based ASL Aviation Holdings (ASL) confirmed Feb. 16 that it is taking up 10 options for the 737-800 Boeing Converted Freighter (BCF).
Southwest Airlines lowered its cash burn estimate for the 2021 first quarter (Q1) after observing stronger than expected revenue and booking trends in February.
Portuguese finance minister João Leão has acknowledged that TAP Air Portugal could need further financial support in 2021, beyond the €500 million ($606.5 million) in state funding already provisioned.