airline
By Joanna Plucinska and Lisa Barrington LONDON (Reuters) – In late September, an experienced pilot at low-cost European airline Wizz Air felt anxious after learning his plane would fly over Iraq at night amid mounting tensions between nearby Iran and Israel. He decided to query the decision since just a…
Icelandair received its first Airbus A321neoLR in December to begin replacing its aging Boeing 757s.The airline’s CEO said the move was not due to ongoing issues at Boeing.Icelandair also flies the Boeing 737 Max and plans to get the A321XLR in 2029 to open new routes.Icelandair has received its first-ever…
Latvia’s airBaltic has been heavily impacted by the war in Ukraine, its CEO Martin Gauss said.He told Business Insider it plans to be the first airline back into Ukraine when the conflict ends.Gauss led airBaltic out of bankruptcy and has spearheaded plans for an IPO next year.AirBaltic plans to be…
Frontier Airlines plans to introduce “first-class” seats in 2025. The move marks a shift from Frontier’s no-frills model amid competition from mainline carriers.Spirit Airlines has made similar changes to earn more revenue as it struggles to turn a profit.Frontier Airlines is continuing to break from its classic budget business model…
By Rajesh Kumar Singh (Reuters) -A standoff between Air Canada and its pilots over a new labor contract escalated on Thursday, as the airline took the unusual step of saying Ottawa should be ready to intervene to head off a strike. The pilots’ union warned the federal government against such…
By Terje Solsvik and Marie Mannes OSLO (Reuters) -SAS said on Wednesday it has exited U.S. Chapter 11 bankruptcy proceedings, with the Scandinavian airline’s CEO hailing a “new era” with a stronger balance sheet and new owners. Sweden-based SAS restructured debt of more than $2 billion, adjusted its fleet and…
By Rajesh Kumar Singh and Joanna Plucinska CHICAGO/LONDON (Reuters) – Record summer travel demand was tipped to translate into bumper earnings for airlines – but quarterly reports are looking less than stellar. While plenty of customers are flocking to travel destinations worldwide, airlines are finding an excess supply of seats…
By Joanna Plucinska and Allison Lampert FARNBOROUGH, England (Reuters) -A plunge in Ryanair’s quarterly profits cast a shadow over the opening of the Farnborough Airshow on Monday, where aviation leaders were already fretting about supply chain snags, aircraft delays and floundering plans to cut emissions. Boeing (NYSE:) announced a bumper…
The Transportation Security Administration screened a record number of passengers over the July 4th holiday weekend as airlines continue to see booming demand for travel. Sunday alone saw over 3 million people — the most ever in a single day.According to the aircraft tracking website FlightAware, there were about 900…
By Joanna Plucinska LONDON (Reuters) – It took a year of wrangling with the European Commission for Germany’s Lufthansa to gain approval to buy 41% of Italy’s ITA Airways, and only after it accepted big concessions. While the deal expands Lufthansa’s footprint in the lucrative southern European market, the combined…
