Air France sees revenue hit as fliers avoid Paris olympics
Air France-KLM is experiencing pressure on projected unit revenue this summer season at French units because passengers are avoiding Paris in the summer months to…
Boeing agrees to buy Spirit Aero for $4.7 billion in stock deal
Boeing Co. agreed Sunday to purchase Spirit AeroSystems Holdings Inc. for $37.25 per share in an all-stock deal that values the company at $4.7 billion,…
Air France warns of revenue hit as fliers avoid Paris games
Air France-KLM warned of a revenue shortfall at its French operations this summer because passengers are avoiding Paris to skirt possible disruptions and high prices…
Singapore Airlines’ CEO gets pay bump after record profit
Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$8.11 million ($6 million) last financial year, a 21% increase from the previous period,…
Justice Department to charge Boeing, seeks guilty plea from planemaker
The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going…
Canada’s WestJet cancels more flights as strike roils travel
Canada’s WestJet Airlines Ltd. said it was awaiting urgent assistance from the government as a mechanics strike stretched on for a third day, forcing the…
Vietnam Air gets loan extension to avoid insolvency risk
Vietnam’s National Assembly approved an extension for Vietnam Airlines’ 4 trillion dong ($157 million) state-backed loans through July 2027 to give the financially struggling national…
Canada’s WestJet cancels weekend flights as mechanics strike
Canadian carrier WestJet Airlines Ltd. canceled 235 Saturday flights after unionized mechanics went on strike late Friday, undermining government efforts to prevent travel disruptions during…
WestJet acknowledges the Minister of Labour’s direction for final binding first contract arbitration with AMFA
Airline confirms labour action has been avoided and no additional flights will be cancelled...
WestJet mechanic strike is averted before Canada holiday weekend
Prime Minister Justin Trudeau’s government has stepped in to prevent a strike that could have roiled air travel during the Canada Day holiday weekend.
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