AW Daily
Aeromexico Creditors Claim Restructuring Plan Undervalues Airline by $1 Billion
Unsecured creditors in Aeromexico's U.S. bankruptcy reorganization oppose a modified plan that, they claim, unfairly benefits Delta Air Lines and other more senior creditors. The unsecured creditors committee argue that the plan, which includes nearly $1.5 billion in new equity...
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China Moves Closer to Clearing Boeing 737 Max
The Boeing 737 Max came one step closer to flying in China again, after the country's civil aviation regulator mandated fixes to the aircraft's flight control software. This could clear the way for the aircraft to resume operations in one...
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Allegiant Air and Viva Aerobus Propose Unique U.S.-Mexico Low-Cost Alliance
Allegiant Air and Viva Aerobus want to disrupt U.S.-Mexico travel with a broad joint venture that could see them add more than 250 new routes in the market. The proposed pact would effectively "merge" their combined U.S.-Mexico networks — only...
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Airlines Take Wait-And-See Approach to Omicron Variant
Just when the airline industry thought it had caught its breath from the Delta-variant surge, a new coronavirus variant is threatening to upend the recovery. Or is it? The consensus is it's far too early to say. A little over...
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Azul Backs Off Latam Takeover After Reorganization Plan Drops
Azul has dropped plans to take over Latam Airlines Group and ended its ambitions to create another giant South American airline. The move came two days after Latam filed a standalone reorganization plan with a U.S. bankruptcy court that is...
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Kenya Airways and SAA Hope New Pan-African Partnership Will Save Them
Kenya Airways and South African Airways (SAA), two of Africa's financially challenged state-owned carriers, have come together under a new strategic partnership to create the new "Pan African Airline Group" by 2023. Under the pact, which was signed on Tuesday,...
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AirAsia’s Digital Businesses Throw It a Life Preserver
AirAsia expects a V-shaped recovery for its airlines to begin soon, even as strict travel restrictions remain in much of the group's home region. The group is encouraged by the gradual loosening of restrictions in Indonesia, Malaysia, the Philippines, and...
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Delta Sees Boeing 757s, 767s as Flex Fleets For Next Decade
Delta Air Lines has yet to make a full decision on the future of its middle-of-the-market fleet. The carrier will continue flying its Boeing 757s and 767s through the decade with a willingness to "flex" either types numbers up or...
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Copa Reports Profits on Strength of Leisure Demand
Copa Airlines’ recovery happened faster than expected, especially given the Panamanian carrier has virtually no domestic routes. Visiting friends and relatives (VFR) and leisure traffic are fueling its climb out from the pandemic. The nature of its business has changed,...
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United, American CEOs Say They Face a Regional Pilot Crunch
Regional affiliates of American Airlines and United Airlines are taking drastic measures to attract pilots amid an increasingly dire pilot shortage in the U.S. A shortage that has prompted United to cut service to at least nine smaller cities and...
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Resurgent Airlines Commit to 400 New Jets at Dubai Airshow
From Indian startup Akasa Air to discount airline investor Indigo Partners, airlines have splashed out with commitments for almost 400 new aircraft at the Dubai Airshow. "Our industry is very resilient," said Airbus Commercial Chief and Head of Airbus International...
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Airbus Bullish on Lasting Cargo Prospects With Launch of New Freighter
Airbus has officially launched a freighter version of its A350 twin-engine aircraft, a sign that the airframer believes cargo demand will continue to grow and an acknowledgement that it is playing catch-up in this lucrative market with archrival Boeing. Lessor...
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