Thai AirAsia is issuing debentures to raise some THB 2.0 billion ($58 million) to stabilize its financial position and for investments. The issuance is scheduled between June 27 and 29 and is targeted at institutional investors and so-called ‘high net…
Just when you thought Boeing was finally going to make sense and move headquarters closer to their operations, they did the opposite and announced a move from Chicago to Washington DC. This is even farther away from Seattle, which has…
British Airways is doing everything it can to prevent a repetition of the travel chaos it experienced in Q1 at London Heathrow and from IT issues. It is beefing up its organizational structure, hiring new staff, and rebuilding IT, but…
Our first chat with Thomas Jaeger, Founder & CEO of Swiss-based ch-Aviation. We started off talking about the Russian airline fleet that was clearly caught unaware of and unprepared for the Ukraine invasion and the rapid and severe sanctions reaction. …
Another North American (ultra)-low-cost carrier is adding the Boeing MAX 8 to its fleet. Swoop, the ULCC subsidiary of WestJet, will take delivery of six MAX 8s until this summer to grow its fleet to sixteen aircraft, it announced on…
Last year, air travel recovered to 41.6 percent of 2019 levels mainly thanks to domestic travel, but the past year was another difficult one for the airline industry, the International Air Transport Association (IATA) reported on January 25. Cargo outperformed…