Finnair has announced a drastic strategy change on September 7 that should help to overcome the headwinds from the Covid crisis and the war in Ukraine. The airline will opt for a more balanced network to make it no longer dependent on flying over Russia, reduce the...
After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the risk of a global...
A shortage of staff, a shortage of planes, and all this in a period when demand is ramping up. It’s nothing unusual in the airline business these days. One airline feeling the shortages is Lufthansa subsidiary Eurowings Discover. It is wet-leasing five aircraft from...
Ryanair is in no hurry to recommence negotiations and clinch a quick deal with Boeing for the MAX 10. For now, the Irish low-cost airline has no immediate need for the aircraft, so Ryanair is waiting when the timing is right to get a good price, Group CEO Michael...
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...
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