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Lufthansa on track to shed off state aid debt

Lufthansa Group is set to become the first European airline to have fully repaid all Covid-related state aid. The German carrier announced a €2.1 billion capital increase on September 19, with the aim of bolstering its equity position, repay debts, and offload the...

Aegean improves but remains worried

Greek airline Aegean Airlines hopes to keep capacity at 70 to 80 percent for the September to December period, or identical to that of July and August. The airline reported improved results during the past months, but the outcome of the Covid-crisis, mutations, and...

United to operate first-ever Washington-Lagos flight in November

Five years after exiting the lucrative Houston-Lagos route, United Airlines has set plans to operate the first-ever nonstop flight between Washington, D.C., and Lagos and offer more flights between D.C. and Africa than any other US carrier. The airline announced today...

Latin America’s new deliveries will outpace worldwide growth

Today, Boeing released its latest Commercial Market Outlook (CMO). The OEM expects that, until 2040, there will be 43,610 new deliveries worth US$7.2 trillion globally, with an annual 3.1% fleet growth. Meanwhile, Latin America’s new deliveries will outpace worldwide...