AirAsia X, the Malaysia-based low-cost carrier with operations throughout Southeast Asia, signed a firm order with Airbus for 150 A220 aircraft, with options for 150 additional aircraft. That is the largest single order for the A220 in the program’s history…
Lufthansa Group will also make a binding offer on TAP Air Portugal and remains keen to take a minority share in the Portuguese airline. Group CEO Carsten Spohr and CFO Till Streichert confirmed the next step in today’s media call…
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The Indian government has extended a line of credit to the financially distressed domestic airline sector, subject to meeting certain conditions. A credit line of up to Rs 15 billion from the Indian government is provided, subject to certain conditions.…
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Frontier’s Q1 results will draw more attention than usual due to the recent shutdown of Spirit Airlines. The narrative centers on two competing forces: the structural upside from Spirit’s exit and the near-term pressure from spiking fuel prices. Early retirement…