The wait is over; today, Avianca exits Chapter 11. The South American carrier announced it has successfully achieved agreements with its creditors, raised fresh investments of US$1.7 billion, and obtained approval for its plan of reorganization . Avianca will emerge “with…
A fall in revenue from the passenger and other segments were the primary cause of a widening loss at the financially troubled Garuda Indonesia for the nine-month period to 30 September 2021. Operating loss came in at $1.67 billion, a…
Two Asia-Pacific carriers, Cebu Pacific Air and China Airlines, have each taken delivery of new aircraft types from Airbus at the tail end of November. Cebu Pacific of the Philippines received its first A330-900 on 28 November, while China Airlines of…
Competition on the lucrative United States-Nigeria route is set to have begun as United Airlines November 30 resumed flight services to Lagos. The airline will battle Delta Airlines for a huge market share on the route and may look to…
As a growing number of countries impose flight bans on Southern African nations due to concerns over the new Omicron variant, World Health Organisation (WHO) urges countries to follow science and the International Health Organisation Health Regulations (2015). Latest travel…
It’s still too early days to specify the effect of the latest Omicron Covid-mutation, but if it remains limited, then UK low-cost airline easyjet expects to return to close to 2019 capacity levels by summer 2022. Demand for both the coming…