American Airlines and Chilean carrier JetSMART have signed a letter of intent on a new partnership. Both airlines plan to create “the broadest and most rewarding network in the Americas”, they have announced on July 29. Moreover, American will take an unspecified...
UPDATED STORY – Indian low-cost carrier IndiGo ended its financial year 2020-2021 with an INR 58.064 billion after-tax loss. The result reflects the deep impact of the Covid-crisis, with a first wave and a long lockdown in March-May 2020 followed by the recent...
Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number of job losses. CEO Carsten...
In the last decade, Greece has been associated with huge deficits, a failing economy and a national airline (Olympic) going bust. That the country and its aviation industry have found the way up again could be seen no better than on February 12. It’s leading airline,...
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November 5. That...
