On Friday morning, the shareholders of Avianca and Viva Colombia approved the acquisition of the ultra-low-cost carrier by Avianca. The approval will shake up the Colombian market; both carriers hold 50% of the domestic and international share. Avianca and Viva...
UPDATE – After only one loss-making year during the pandemic, Turkish Airlines has swung back to profitability in 2021. The carrier reported a profit of $959 million compared to an $836 million loss in 2020. Last year’s result is even better than that of 2019...
We’ve recently spoken one on one with DFW’s Executive Vice President, John Ackerman. He is in charge of Global Strategy and Development at Dallas/Fort Worth International Airport (DFW). Here’s what he said to us. Subscriber content – Sign in Subscribe...
UPDATE – Boeing expects that rework on the 787 and lower production rates to result in $1.0 billion in abnormal costs. Of this, $183 million has been recorded in the third quarter results, the airframer said on October 27 during the Q3 results presentation. 787...
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