Lufthansa reports a slight improvement in its financial and operational results in the second quarter of this year. Thanks to strong forward bookings, it produced a positive free cash flow of €340 million, the first time since the start of the pandemic, but all...
Seven years after parent airline Lufthansa, SWISS is set to introduce Premium Economy seats on its fleet from the final quarter of this year. The new class was unveiled on June 28 and puts SWISS among the airlines that want to benefit from passengers who want to pay...
Europe has been one of the continents where the pandemic has a prolonged effect on air travel. Whereas there has been a rebound in domestic travel in the US, Europe is dominated by continued restrictions as various countries suffer from fourth or even fifth Covid...
While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is a rolling story on the results of...
The airline industry needs another $80 billion in financial aid from governments to get it through the upcoming winter season, IATA Direct General Alexandre de Juniac said last week ahead of Tuesday’s digital Annual General Meeting in Amsterdam. This comes on top of...
