Lufthansa CEO Carsten Spohr said last week that his airline was in discussion with Boeing about the 777X delays and potential new aircraft orders. But already four days later the German carrier has announced how it will bridge the gap until the first 777-9s are...
Air Canada reported improved Q1 results on April 26, building on a strong recovery in March after the Omicron dip in the first two months. The airline reduced the operating loss to CS$550 million from CS$1.049 billion. Air Canada reduces Q1 loss and buys more...
International Airlines Group (IAG) is not giving up on its plans to acquire Spanish carrier Air Europa. IAG and the airline’s owner Globalia have reached an agreement for a seven-year, unsecured loan of €100 million. It also provides exclusivity to IAG for one year to...
Air France-KLM Group CEO Ben Smith doesn’t seem too worried about the prospect of Lufthansa and sea shipping company MSC buying into Italian carrier ITA Airways. If the German/Swiss group gets a majority share in ITA, that doesn’t mean that the Italian market is lost...
The Omicron effect on bookings and staffing will push Southwest Airlines back into a loss-making first quarter, but the carrier expects to be profitable for the rest of the year and end 2022 with black numbers. The US low-cost reported a $977 million net profit for...
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