U.S. airlines’ October 2023 fuel cost per gallon down 0.8% from September 2023
Aviation fuel consumption up 2.9% from pre-pandemic October 2019
Alaska Air falls as Wall Street questions $1.9 billion Hawaiian deal
Alaska Air Group Inc. shares sank after it said it would acquire Hawaiian Holdings Inc. for $1.9 billion in cash and debt, in the latest…
Alaska Air agrees to buy Hawaiian in $1.9 billion deal
Alaska Air Group Inc. has agreed to buy rival Hawaiian Holdings Inc. in a $1.9 billion cash and debt deal, challenging the Biden administration’s aggressive…
Ryanair finds suspect engine components as fake-part case brews
Ryanair Holdings Plc said it found unauthorized parts in two aircraft engines, becoming the latest major airline caught up in the distribution of components backed…
Avianca is recognized as ‘Airline Turnaround of the Year’ by CAPA Center for Aviation
At the Annual Aviation Excellence Awards held in Abu Dhabi, CAPA- Center for Aviation recognized Avianca as "Airline Turnaround of the Year", rewarding the reinvention…
Ryanair chief O’Leary blasts Irish response to Dublin riots
The Irish government waited too long to address the factors that led to last week’s Dublin riots, according to Ryanair Holdings Plc’s Chief Executive Officer…
Lufthansa shelves planned stake sale in maintenance division
Deutsche Lufthansa AG shelved a planned sale of a minority stake in its maintenance and repair subsidiary, the world’s biggest business of its kind that…
SAS expects to emerge from Chapter 11 process by June, CEO says
Airline SAS AB is set to complete its US Chapter 11 process by June following expected regulatory approvals in Europe, according to Chief Executive Officer…
SAS’s €833 million recapitalization gets EU nod at second try
SAS AB’s €833 million ($915 million) Danish and Swedish recapitalization was approved by European Union state-aid watchdogs, in a revised decision after an earlier approval…
Air Astana to hire advisers for London IPO in early 2024
Air Astana, Kazakhstan’s flag carrier, is hiring advisers for a long-delayed initial public offering in London and at home, aiming for the first quarter of…
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