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…
Branson’s latest dare reveals aviation’s green challenge
Richard Branson has long relished the image of the aviation pioneer, from traversing the Pacific in a hot-air balloon to making space travel available for…
Bamboo Air’s new CEO seeks investors as network and fleet shrink
Vietnam’s Bamboo Airways JSC is rebuilding under its new chief executive officer, who is intent on proving the indebted six-year-old carrier has a future after…
EasyJet restores dividend, confident in rebound despite war
EasyJet Plc signaled confidence in a sustained recovery from the Covid-19 pandemic, reinstating its dividend even as the conflict between Israel and Hamas disrupts air…
China’s national planemaker displays two new C919 jet variants
Comac unveiled two variants of its single-aisle C919 jet at an airshow in Shanghai last week, according to people familiar with the matter, as the…
Turkish Airlines’ wholly owned subsidiary AJET to commence flights in 2024
Formerly known as AndalouJet, the re-established AJET is poised to serve a broader audience with its cost-effective approach...
Virgin Atlantic plans 100% SAF-fueled transatlantic flight – another step in the right direction
Virgin Atlantic (Virgin), the British airline, received approval by the UK Civil Aviation Authority (CAA) to use 100% Sustainable Aviation Fuel (SAF) for the first…
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