AirBaltic looks to raise as much as €300 million in planned IPO
Latvian flag carrier AirBaltic Corp AS plans to raise as much as €300 million ($332 million) as part of a planned initial public offering later…
Cathay Pacific Airways inspects A350 fleet after identifying engine component failure
By Joanna Plucinska and Tim Hepher (Reuters) -Hong Kong's Cathay Pacific Airways said on Monday it had started inspecting all its Airbus A350 jets after…
Boeing, union ‘really far apart’ weeks ahead of possible strike
Boeing Co. and its largest union remain at odds on major issues in contract talks as a possible strike looms that could cripple production of…
Lufthansa CEO heads to Portugal for government talks on TAP
Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr is set to meet with Portuguese government officials on Monday as the German airline group weighs a…
SpiceJet furloughs 150 crew amid financial woes, lean season
SpiceJet Ltd. is putting 150 cabin crew on temporary leave without pay for three months as the embattled Indian airline tries to raise capital from…
Cathay agrees to buy back warrants from the Hong Kong SAR Government
Completion of the buyback is expected to take place on the tenth business day after the date of the agreement, after which the warrants will…
Air Travel Consumer Report: June 2024
The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of June 2024…
China’s top airlines post losses, hit by slow international travel and domestic oversupply
BEIJING (Reuters) - China's leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic…
Vistara brand to cease in November as airline merger proceeds
India cleared the last roadblock to national carrier Air India Ltd.’s merger with smaller rival Vistara, approving a S$360 million ($276 million) investment by Singapore…
Brazil’s Azul says it prioritizes commercial solutions after report over debt options
SAO PAULO (Reuters) - Brazilian airline Azul stated on Thursday that a recent Bloomberg report saying the company was weighing options to address approaching debt…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
