UPDATE – US start-up Connect Airlines has bold plans for its regional operations with hydrogen-based aircraft. The carrier has announced a firm order with Universal Hydrogen for 75 converted ATR 72-600s plus 25 options. Connect expects to take delivery of the…
UPDATE – Spirit Airlines has postponed the stockholders meeting scheduled for June 10 to June 30 which is to decide in favor or against the merger proposal with Frontier Airlines. Spirit said on June 8 that it wants to allow…
Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly blaming supply chain/staffing issues…
UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced…
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