International Airlines Group (IAG) is launching a new transformation program that should improve the efficiency and resilience of all its airlines, result in sustainable operating profits, produce world-class margins, and deliver higher customer satisfaction. IAG will adopt the successful transformation…
Finnair plans to launch a rights issue before the end of this year to raise €600 million in fresh capital. The proceeds will be used to repay part of a €400 million standing loan and support the revised strategy that has…
airBaltic can look back on a very good second quarter and first half year, as the airline from the Baltic States presented a significant improvement in its results. The carrier turned around a deep loss and produced its highest-ever HY1…
India’s low-cost airline IndiGo said on Friday that it will enter the US market on June 15, when it activates the codeshare agreement with Turkish Airlines to four destinations. New York JFK, Washington, Chicago, and Boston will see daily services until…
Vistara CEO Vinod Kannan declines to get into specific numbers on the net profit, which the airline declared for the quarter that ended December last year on Monday. The only thing Kannan said was that the profit was excluding unrealized…
Frustration and irritation over how Airbus and Qatar Airways are failing to cooperate on a solution to their legal dispute over the Airbus A350 paint quality have reached the London High Court. In the latest case management conference last Thursday, Justice Waksman…