SAS has entered a debtor-in-possession (DIP) credit agreement of $700 million/SEK 7.0 billion with Apollo Global Management. The arrangement will be used as bridge funding while the Scandinavian airline starts its restructuring plans under Chapter 11 bankruptcy...
JetBlue has launched a new program to reduce costs by $250 million in 2024 by introducing operational and planning efficiencies. The plan follows a review of its long-term cost structure, which has been tweaked before in recent years. High costs were JetBlue’s...
UPDATE – Numerous flight cancelations and other operational disruptions have cost easyJet £133 million extra in its third quarter of the financial year 2022, which runs from April to June. Labor shortages with the airline itself as well as operational issues at...
Commercial airlines’ success depends on many factors, and probably the core factor is seat production cost. The airline with the lowest cost of production in a commodity market wins. For years it was believed this was Southwest Airlines in the US. What do the...
The reduced available capacity of Cathay Pacific due to recently implemented travel restrictions and strict crew quarantine measures are expected to impact its cash burn by HK$1.0 to 1.5 billion per month, the airline said on January 24. And that’s just a preliminary...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
Manage Cookie Consent
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.