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ITA Airways reports almost 500 million net loss

ITA Airways reports almost 500 million net loss

by Richard Schuurman | Mar 29, 2023 | Airlines | 0 comments

UPDATE – Italian airline ITA Airways ended 2022 with a €486 million net loss, newspaper Corriere della Sera reports. Last year has been the first full year of ITA’s history as it launched services in October 2021, so no comparable results are available. Revenues...
SriLankan happy to serve the US and Canada through oneworld

SriLankan happy to serve the US and Canada through oneworld

by Ashwini Phadnis | Aug 18, 2022 | Airlines | 0 comments

Sri Lanka’s national carrier, SriLankan Airlines, has no plans for an expansion into the United States and Canada but plans to connect through its oneworld partners to London, Frankfurt, and Tokyo, Ashok Pathirage, the airline’s chairman said. He also discussed the...
After two years Air India privatization is completed

After two years Air India privatization is completed

by Ajay Awtaney | Jan 27, 2022 | Airlines | 0 comments

Two years ago, on January 27, 2020, the Preliminary Information Memorandum for the acquisition of Air India was published by the Government of India’s Department of Investment and Public Asset Management. This was the third attempt at the privatization of Air...

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