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Europe
Finnair Prepared for Russian Airspace to Stay Closed for More Than a Decade
Finnair is gearing up for a lengthy closure of Russian airspace to western airline flights, a fact that has forced it to pivot and embrace new commercial strategies for survival.October 6th, 2023
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Europe
Air France-KLM Moves on SAS
SAS is making some big changes. As part of its bankruptcy restructuring, Air France-KLM, along with other investors, will take a minority stake in the Scandinavian airline prompting a new…October 6th, 2023
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Europe
Greece’s Aegean Airlines Targets Year-Round Visitors with Winter Expansion
Greece’s Aegean Airlines, coming off a strong summer season, unveiled its winter flight schedule this week. It features 18 new routes versus what it offered last winter, spread across 14…October 5th, 2023
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Africa
China Air Travel Recovery Drives Global Demand to Near Pre-Pandemic Levels
The return of China's domestic travelers helped drive the global air travel recovery a tick closer to pre-pandemic levels, new data from trade group IATA shows.October 4th, 2023
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Europe
Air France-KLM to Take Stake in SAS Under $1.2 Billion Deal
Air France-KLM will take a minority stake in bankrupt Scandinavian airline SAS as part of a $1.18 billion U.S. Chapter 11 restructuring deal unveiled Tuesday. The deal is the latest…October 3rd, 2023
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Europe
KLM CEO Rebukes Dutch Proposal to Tax Transit Passengers at Schiphol
KLM CEO Marjan Rintel offered a firm rebuke of a proposal in the Netherlands' legislature to tax transfer passengers at the airline's hub, Amsterdam's Schiphol airport.September 22nd, 2023
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Europe
TUI Bullish on European Leisure Travel this Winter
TUI is bullish winter travel demand with bookings exhibiting “positive momentum," the European travel conglomerate said Thursday. The outlook comes after summer bookings came in well ahead of last summer's…September 21st, 2023
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Europe
Why Are Airlines so Eager for a Piece of TAP Air Portugal?
TAP Air Portugal is seemingly the apple of every European airline group's eye these days. That's because the state-owned airline in the southwestern corner of Europe is about to come…September 19th, 2023
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Asia-Pacific
What’s Happening at Spirit and Frontier?
Slower bookings and "heightened" discounting are hurting Frontier Airlines and Spirit Airlines this quarter. That means potentially deep losses for the ultra low-cost carriers. Edward Russell and Jay Shabat discuss…September 15th, 2023
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Asia-Pacific
Airbus A320neo Pratt Engine Issues to Ground 650 Planes Next Year
The quality issues affecting Pratt & Whitney geared turbofan engines on Airbus A320neo-family aircraft will ground 600 to 650 aircraft globally next year, the latest setback to the airline industry's…September 12th, 2023