UPDATE Sep 19 – SAS is seeking court approval to reject the lease of several aircraft and return them to their lessors. The aircraft involved include five widebodies. The Scandinavian airline filed a so-called omnibus motion with the Southern District…
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“Unforeseen challenges” as the effects of the war in Ukraine and higher fuel prices have largely negated airBaltic higher revenues in the first six months. The carrier of the Baltic States reported a €-59.3 million net loss, almost identical to the…
UPDATE Sep 13 – A pilot strike at Lufthansa has been lingering on for some weeks, but the threat is getting to a climax on Friday, September 2. Pilot union Vereinigung Cockpit has called out for a 24-hour strike at…
UPDATE – Not Lufthansa and MSC Group, but the consortium of Certares, Delta Airlines, and Air France-KLM seems to be in pole position now to buy a majority share of Italian airline ITA Airways. The Italian Ministry of Economy and…
China’s Big Three airlines Air China, China Southern, and China Eastern all suffered higher losses in the first six months of 2022. They are the direct consequence of the zero-tolerance Covid-policy that resulted in continued lockdowns in multiple cities across…