Virgin Australia creditors bless bain’s $2.5 billion rescue deal
Virgin Australia Holdings Ltd. creditors have approved Bain Capital’s acquisition of the airline, the last hurdle in the private equity firm’s bid to restructure the…
Southwest Air debuts flights to Miami in sun cities expansion
Southwest Airlines Co. will add Miami and Palm Springs, California, to its network for the first time later this year to capitalize on stronger demand…
Ethiopian Air in talks with South African flag carrier on rescue
Ethiopian Airlines Group is among companies in talks with South Africa’s government about potentially offering support to the country’s insolvent state airline, according to people…
United Air to cut more than 16,000 jobs on weak travel demand
United Airlines Holdings Inc. will eliminate 16,370 jobs next month as the carrier shrinks operations in response to the steep decline for air travel demand…
Branson’s airline saved as ruling caps race against clock
Richard Branson’s Virgin empire has faced many challenges in its five-decade history, from high-profile legal clashes with British Airways and failed bids to run the…
SAS gets go-ahead from lenders for $1.6 billion equity plan
Scandinavian carrier SAS AB has secured enough backing from bondholders for a debt-to-equity plan that it says is needed to stave off bankruptcy.
Spirit Airlines adds Orange County to route map, expanding Los Angeles-area flying
The brightest planes in the sky are soaring over Southern California. Today Spirit Airlines announced daily nonstop flights from John Wayne Airport (SNA) to Las…
Airlines bleed cash as jets half empty, long-haul still grounded
Airlines seeking to build up flights after idling their fleets at the height of the coronavirus outbreak are bleeding more cash as jets fly half…
Wizz Air says Covid travel rules are halting its expansion
Wizz Air Holdings Plc dropped plans to increase capacity to 80% next quarter, hitting the brakes on an aggressive return to the skies after new…
Aviation job losses could approach a half-million by year’s end
The global aviation industry has racked up more than 350,000 job losses in the past six months, with more pain on the way, according to…
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