Norwegian low-cost airline Flyr will file for bankruptcy on Wednesday, it said tonight on its website. The carrier has been unsuccessful in raising new funding after its financial plan failed to attract investors. Flyr said on Monday that its liquidity position was...
UPDATE – Chances are slim that UK regional airline Flybe will be able to continue after it announced on January 28 that it has ceased all operations. Two curators are trying to find new investors, but their job seems most challenging. It took two years to...
There is a ray of hope for one of the beleaguered African carriers. South African Airways is preparing to emerge from its self-inflicted collapse. The crisis-ridden airline is said to be preparing for a return to service by first operating domestically before...
We have been tracking some key air travel markets and recoveries have been spotty. This reflects public health policies and vaccine rates. None of the curves in the chart should come as a surprise to anyone in commercial aviation. To enable market comparisons we...
Many years ago, African airlines dominated the skies of Africa. Gross mismanagement and corruption saw the end of promising airlines like Nigeria Airways, Ghana Airways, Air Afrique, and others that connected the continent. Worried by the situation, leaders in the...
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