To the patient belong the spoils, this they could say of the privatization of Italy's ITA Airways. The Lufthansa Group appears poised to win the contest for the state-owned carrier, even after an apparent loss this fall to the private...
Read MoreThe red ink continued to flow at bankrupt SAS in November even as the airline plans for a strong summer travel season next year. The Stockholm-based carrier posted a $48 million loss on $270 million in revenue for November, according...
Read MoreAviation industry supplier AAR is optimistic on the future as the strong travel recovery coupled with production challenges at Airbus and Boeing are driving increased demand for its maintenance and other services. Aircraft "that are bread and butter for us...
Read MoreAmerican Airlines leadership knows they have a debt problem. That's why the carrier is aggressively repaying its obligations with an unexpected payment of more than $1 billion this week. Merry Christmas Wall Street. The Fort Worth, Texas-based airline repaid early...
Read MoreMesa Airlines is going all in with its partners United Airlines and DHL after being dropped by long-time associate American Airlines, the latest shakeout from the U.S. pilot shortage. The news broke Saturday that American, which has partnered with Phoenix-based...
Read MoreLos Angeles International Airport is moving forward with two long anticipated terminal expansions aimed at boosting capacity ahead of the 2028 Olympics at one of the busiest airports in the U.S. The projects in question are the planned nine-gate Concourse...
Read MoreVirgin Australia has emerged a much stronger airline from the Covid-19 pandemic than it was at the outset of the crisis. A court-led restructuring of Australia's second largest carrier created a leaner and, executives hope, a much more profitable airline....
Read MoreDelta Air Lines expects profits to nearly double next year as its outlook continues to improve. People want to and are traveling, corporate business is picking up, and cost growth is slowing all of which give Delta the confidence that...
Read MoreUnited Airlines Chief Financial Officer Gerry Laderman once said that an airline could buy a plane tailored to a few routes in its network but, if that is the case, it should not buy said plane. The better bet was...
Read MoreThe Commercial Aircraft Corporation of China, or Comac, delivered its first C919 on Dec. 9, following more than a decade of development. The plane, now in the fleet of Shanghai-based China Eastern Airlines, will enter revenue service early next year. China...
Read MoreThe pandemic has wrought big changes on Southeast Asia's largest budget airline, AirAsia. The collection of carriers, primarily owned by Malaysia's Capital A, is preparing to launch a new airline in Cambodia while also on the cusp of a major...
Read MoreLeisure airline French Bee is bullish on its business to the U.S., even as JetBlue Airways and Norse Atlantic Airways prepare to ratchet up competition on popular transatlantic routes to Paris. Privately-held French Bee is in the midst of its...
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