Southwest Airlines has lowered capacity plans for the first quarter of 2024 and also for the rest of the coming year. The airline is guiding a capacity increase for Q1 of 10-12 percent compared to the previous 14-16 percent. Southwest…
The Indian government on Thursday got out an official Gazette, which allows leasing companies to take back aircraft, airframes, helicopters, and engines that belong to an Indian airline that is undergoing insolvency proceedings. The Gazette strikes down the National Company…
North America has always been a cornerstone of Lufthansa Group’s operations. CEO Carsten Spohr referred to it as “the backbone of aviation” during Tuesday’s US Chamber Global Aerospace Summit in Washington. It will not be a coincidence that the airline group…
Air New Zealand has swung back into profitability after one of its most unique years, reporting a $412 million net profit for the financial year 2023 that ended in June. The carrier describes the year as “particularly unique” dominated by…
Wizz Air is reducing its summer capacity growth by five percent to 25 percent, citing “continued infrastructure and supply chain limitations that are facing the industry.” This has all to do with the accelerated inspections of the Pratt & Whitney…
Indonesia flag carrier Garuda Indonesia has slipped back into red numbers for the first six months of 2023. The carrier posted a $-109.6 million pre-tax operating loss compared to a $4.0 million profit last year. The net loss is $-76.4 million…