Airline SAS expects to cancel all common shares, hybrids by June
Scandinavian airline SAS AB will cancel and redeem all of its common shares and commercial hybrid bonds when it emerges from Chapter 11 bankruptcy proceedings…
EasyJet summer bookings gain, sees lower first-half loss
EasyJet Plc said summer bookings are “building well,” with passenger revenue into the busiest travel period “well ahead” of last year, suggesting that travel demand…
Boeing CEO to meet senators in DC damage control mission
Boeing Co.’s embattled chief executive officer is set to talk with senators in Washington, DC, this week, according to people familiar with the meetings. The…
Cathay raises pilots’ school-fees cap, pledges no pay cuts
Cathay Pacific Airways Ltd. raised the allowance it gives to pilots to cover their kids’ school fees by 50% and locked in pay benchmarks for…
FAA may expand Boeing probe beyond Max 9, agency chief says
The Federal Aviation Administration’s top official said the agency may expand its probe of Boeing Co.’s manufacturing practices beyond the 737 Max assembly operations if…
Southwest Airlines flight attendants authorize potential walkout
The union representing Southwest Airlines Co.’s flight attendants voted to give leaders the ability to call a strike, a step toward a possible walkout if…
Southwest pilots secure 50% in pay hikes with contract approval
Southwest Airlines Co. pilots approved a new contract that would boost pay 50% over five years, wrapping up a multiyear round of negotiations and protests…
ANA Group announces flight schedule for FY2024
For fiscal year 2024 (FY2024), the ANA Group will continue to enhance customer convenience and profitability by maximizing the strengths of its three brands; ANA,…
Ryanair CEO calls his carrier the winner in Lufthansa-ITA deal
Ryanair Holdings Plc’s Chief Executive Officer Michael O’Leary said the low-cost carrier will emerge as a winner from rival Deutsche Lufthansa AG’s €325 million ($353…
Lufthansa’s €325 million ITA Airways deal gets in-depth EU probe
Deutsche Lufthansa AG’s €325 million ($353 million) investment into Italian carrier ITA Airways faces an in-depth investigation from European Union deals watchdogs, amid concerns over…
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