Two African carriers–Ethiopian Airlines and South African LCC FlySafair–have each added a pair of aircraft to their fleets, despite the ongoing COVID-19 downturn.
Airbus delivered the first U.S.-assembled A220 to Delta Air Lines, marking the onset of a new era of stateside aircraft production for the European OEM, as well as the first delivery of the larger A220-300 variant to a U.S. operator.
Scandinavian Airlines (SAS) has completed its critical recapitalization, increasing the Danish and Swedish government stakes in the airline to 21.8% each.
Slovak Boeing 737 wet-lease operator Go2Sky has reversed an earlier decision to cease operations and close the company, after reaching an agreement with its lessors.
More destinations in Western Europe will be added to Wizz Air’s network from the UK as the carrier seeks to increase its share of leisure traffic, according to the MD of the Hungarian airline’s UK subsidiary.
The U.S. Transportation Department (DOT) has tentatively granted antitrust immunity to the proposed Delta Air Lines-WestJet transborder joint venture (JV), but with conditions that the carriers must accept.
Lufthansa plans to put large parts of group administration into “hibernation mode” between mid-December and the end of February 2021 and is making further operational cutbacks to deal with the much lower level of demand for air travel.
Mexican ULCC Volaris successfully trimmed its losses in the 2020 third quarter (Q3), boosted by a rapid capacity restoration and the weakened financial state of its top rivals.
Southeast Asia’s airline industry is being shaken up by a wave of restructuring programs prompted by the COVID-19 crisis, with most of the region’s flag-carriers looking to downsize to survive.
Malaysia Airports has sued AirAsia X for MYR78.2 million ($19 million) in overdue charges, which comes as the long-haul LCC embarks on a MYR63.5 billion debt restructuring.
American Airlines and oneworld alliance partner International Airlines Group (IAG) are pushing for the creation of a travel corridor between the U.S. and the UK to speed the return of lucrative transatlantic flights.
Qantas is expecting its domestic capacity to ramp up significantly as more Australian state borders reopen, but the recovery is still slower than the airline had projected.
Alaska Air Group continues to bemoan the unattractive economics of its Airbus A320 family fleet, but the process of ridding itself of those airliners could take up to three years.
Decades ago, China began letting private investment into what had been 100% state enterprises. The usual approach, however, was for the state to share ownership of subsidiaries with outsiders while keeping full ownership at the group level.
