Latam Airlines Group shareholders raise $456 million in US IPO
A group of Latam Airlines Group SA shareholders raised $456 million in an initial public offering of American depositary shares.
JetBlue goes big in Boston and New England, adds service to Manchester, NH, expands Florida routes
• JetBlue adds 20 percent more seats in New England this winter • $49 fares available to celebrate Manchester launch and new service from Buffalo…
Air France-KLM trims capacity outlook amid Olympics impact
Air France-KLM trimmed its full-year capacity outlook amid a bigger-than-expected shortfall from tourists avoiding Paris during the Summer Olympics, with the group initiating a hiring…
Airbus leapfrogs Boeing at Farnborough with major Flynas order
Saudi Arabia’s Flynas agreed to an outline order for as many as 160 Airbus SE jets, vaulting the European planemaker ahead of its US rival…
American Air slashes profit outlook after strategic misstep
American Airlines Group Inc. slashed its earnings outlook for this quarter and the full year as it works to bounce back from earlier blunders that…
RTX profit jumps as travel boom buoys demand for jet repairs
RTX Corp.’s second-quarter profit topped exceeded investor expectations as strong demand for air travel lifted the commercial aerospace units at the maker jet engines and…
Delta expected to take $500 million hit as disruptions start to ease
Delta Air Lines Inc. is expected to take a sizable financial hit this quarter from the system breakdown that led to thousands of canceled flights…
IAG’s Air Europa deal on verge of collapse after EU pushback
IAG SA’s planned €400 million ($434 million) takeover of Air Europa is on the verge of collapse for the second time after European Union officials…
Portugal reiterates plan to privatize state-owned airline TAP
Portugal’s government reaffirmed it plans to privatize state-owned airline TAP SA, adding that the terms of the sale are still to be defined.
Airlines rue lack of planes as Boeing, Airbus delays stack up
Exasperation trumped exuberance at aviation’s largest annual trade expo, as airline executives lamented a shortage of Boeing Co. and Airbus SE aircraft that’s shown no…
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