SAS warns much more needed to restore financial health
SAS AB, which is working its way through a Chapter 11 restructuring in the US, cautioned that much more remains to be done to convince…
Asia Pacific flight capacity lags behind global recovery
IBA published its monthly Aviation Industry Barometer for July 2022, showing that whilst Asia-Pacific lags behind, it does show healthy signals with a 20% growth…
Qantas Announces Share Buyback as Air Travel Demand Surges
Qantas Airways Ltd. Chief Executive Officer Alan Joyce defended the airline’s performance and pushed back against calls for him to resign after months of travel…
Air New Zealand Signals Worst Over After Third Straight Loss
(Bloomberg) -- Air New Zealand posted its third straight annual loss but indicated the worst is over and it expects earnings to improve now that…
Kenya Airways Targets 35% Cut in Leasing Costs to Stem Losses
Kenya Airways Plc is looking to reduce jet-leasing costs by more than a third as the carrier targets break even by 2024.
ExpressJet Airlines Goes Bankrupt in Wake of Split From United
ExpressJet Airlines, a small regional carrier that was once among the world’s biggest by fleet size, has filed for Chapter 11 bankruptcy in Delaware.
SpiceJet Says It’s Open to External Investors as Funds Dwindle
Financially troubled Indian carrier SpiceJet Ltd. is open to investment from external parties, including other airlines, as it seeks to raise 20 billion rupees ($250…
British Airways Extends Cuts, Scrapping 8% of Winter Flights
British Airways will scrap about 5,000 round-trip flights this winter after cancelling about 13% of its schedule this summer due to a staffing shortage and…
Etihad Airways to boosts flights to New York - JFK this Winter
11 weekly services connecting Abu Dhabi to the Big Apple from 15 November
DOT Must Stop Treating Airlines Like Business Partners & Start Enforcing the Law
The American Economic Liberties Project released the following statement in response to news that Secretary Buttigieg has sent the 10 largest U.S. airlines a letter…
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