Can and will Lufthansa be forced to repay the state aid that the airline received as part of the recapitalization plan during the Covid crisis in June 2020? That’s the question now that the Court of Justice of the European Union ruled on Wednesday that the European...
A net foreign exchange loss of €269.2 million related to unhedged lease liabilities in US dollars is the main reason that Wizz Air’s half-year loss almost tripled. Despite other headwinds like high fuel costs, the ultra-low-cost airline produced a positive...
The battle for Spirit Airlines continues. Today, the Spirit Board of Directors has urged stockholders to reject the latest tender offer that JetBlue made on Monday. Spirit is even accusing its rival of making inaccurate statements. Spirit Board once again rejects...
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