The war in Ukraine is an unknown factor, but international air travel is expected to have fully recovered from the Covid-crisis in most regions by mid-2023, with Africa lagging behind until late 2023. That’s the view of four airline bosses…
Just before the pandemic hit the industry in 2020, airline leaders were positive that Europe was about to have a much-needed round of consolidation. They agreed that there were way too many airlines, fighting for the same piece of cake.…
Vista Global Holding, based in Dubai, and owner of VistaJet, has agreed to its second major acquisition in 2022, acquiring Jet Edge, a large North American operator. In business aviation, this is a mega-deal, as Jet Edge, the eighth largest…
Lufthansa plans to launch a new regional and domestic airline in Germany that should operate alongside its regional subsidiary CityLine. The airline will most likely get a dedicated Airline Operator Certificate (AOC) and should begin services in early 2023. Lufthansa…
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…
Europe’s airline industry is in for a huge shake-up and the long-awaited start of the next phase of consolidation, now that Lufthansa Group and shipping company MSC Group have expressed their interest to purchase a majority share in Italy’s ITA…