Korean Air sales rival pre-Covid levels on strong cargo showing
Korean Air Lines Co. reported preliminary revenue that’s almost back at pre-Covid levels on a quarterly basis as the carrier’s strong presence in cargo makes…
US airlines’ March 2022 fuel consumption down 10% from pre-pandemic 2019; aviation fuel cost per gallon hits 8-year high
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ March Fuel Cost and Consumption numbers indicating U.S. scheduled service airlines used…
Spirit rejects JetBlue takeover bid, sticks with Frontier offer
Spirit Airlines Inc.’s board unanimously rejected JetBlue Airways Corp.’s unsolicited $3.6 billion takeover bid over concerns it wouldn’t be consummated, saying it would instead stick…
India’s WinAir to buy 79% stake in regional carrier TruJet
WinAir, India’s first parallel airline that utilizes equipment and flying permit of another operator, will acquire a 79% stake in regional carrier TruJet for 2…
Delta teams up with tiny regional Australian airline Rex
Delta Air Lines Inc. and Australian regional carrier Rex are teaming up to access each other’s networks, a partnership coup for the diminutive Sydney-based carrier…
Qantas revives plan for world’s longest direct flights
Qantas Airways Ltd. revived a plan to start direct flights connecting Australia’s east coast with New York and London as it finally ordered jets for…
Airbus engine-supply deals pave way for production ramp-up
Airbus SE secured an 18-month extension to key engine-supply contracts as it cranks up narrow-body plane production in a bid to consolidate its lead over…
EasyJet exits leases on Russia-owned jets in sanctions turnabout
EasyJet Plc terminated rental contracts on six Airbus SE jets owned by a Russian state leasing company in a rare example of sanctions depriving a…
Wizz Air extends halt to Ukraine, Russia flights through October
Wizz Air Holdings Plc extended its cancellation of flights to Ukraine and Russia through the end of October as the war started by Vladimir Putin…
Southwest Air says pop in business travel to help fuel 2022 profit
Southwest Airlines Co. expects a rebound in domestic travel to carry into the summer, joining rivals predicting that consumers will shrug off worries about coronavirus…
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