It will take at least another six months to be completed, but the acquisition of independent Spanish airline Air Europa by International Airlines Group’s subsidiary Iberia has taken another hurdle. In an amended agreement announced on January 19, Iberia said it will…
It takes some stamina to digest the 1.246 pages of the draft agreement between the United Kingdom and the European Union, also known as the Brexit deal. Hailed by both UK Prime Minister Boris Johnson and European Commission chairman Ursula…
Qatar Airways has recorded a QR -7.007 billion loss for its fiscal year 2019/2020, down from -4.751 billion the previous year, it announced on September 27. Mind you, this result reflects the year until March 31, 2020, so before the…
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but…
It’s mid-July and most airlines have significantly ramped up capacity since June, with more steps to follow this summer. Yet, traffic is still well below pre-Covid 19 levels. We bring you an update, with further updates on American Airlines, Emirates,…
International Airlines Group (IAG) has pulled the plug on its European short-haul low-cost airline LEVEL Europe, formerly known as Anisec Luftfahrt. The airline has filed for insolvency and has ceased trading with immediate effect from June 18. LEVEL cites the…