Lufthansa reports 9% drop in third-quarter profit as core brand struggles
German airline group Lufthansa reported a fall in third-quarter operating profit on Tuesday as its flagship brand struggles with low yields, competition with international airlines…
CrowdStrike, Delta sue each other over flight disruptions
Cybersecurity firm CrowdStrike said on Monday it sued Delta Air Lines in U.S. District Court in Georgia after a faulty software update prompted a global…
Boeing to raise up to $22 billion to shore up finances, stave off downgrade
Boeing on Monday launched a stock offering that could raise up to $22 billion as the planemaker looks to strengthen its finances squeezed by an…
European airlines struggle with plane delays, high costs in Q3
Europe's major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and limited planes, with no sign…
Boeing launches offering to raise roughly $19 billion to shore up finances
Boeing on Monday launched a stock offering that could raise roughly $19 billion as the planemaker looks to strengthen its finances squeezed by a month-long…
Southwest Airlines reaches an agreement with activist investor Elliott
Southwest Airlines on Thursday announced an agreement with activist investor Elliott to end a months-long boardroom battle. As part of the deal, CEO Bob Jordan…
Global airline capacity at 105% of pre-pandemic levels with sustained year on year growth
The highest growth came from the Asia Pacific region, where ASKs have grown 10.9% year on year, particularly in international capacity.
Ethiopian Airlines resumes flights to Monrovia, Liberia
This service resumption is a testament to Ethiopian Airlines' continued expansion within Africa, which has long been a driving force in facilitating trade, tourism, and…
Star Alliance management team firmly focused on seamless customer experience
Star Alliance, the world's leading global airline alliance, firmed up its key management appointments aimed at further enhancing its strategic focus on a seamless experience…
The United States and Angola sign open skies agreement
The Agreement with the Republic of Angola expands our strong economic and commercial partnership, promotes people-to-people ties, and creates new opportunities for travelers, shippers, and…
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