Oman Air has signed a codeshare agreement with EGYPTAIR on flights between Muscat and Cairo. The agreement means that travellers from Muscat have easy access to EGYPTAIR domestic destinations - Sharm ...
Lufthansa Group plans to continue its fleet modernisation programme with a new order for five 787-9 Dreamliners. The incremental order, the airline says, will further support the group's efforts to re...
As part of its restructuring proposal, Norwegian has issued terms for its contemplated capital raise of up to NOK 6,000 million. The deal comprises: an offering of new capital perpetual bonds raising ...
Cathay Pacific has offered its Hong Kong-based flight and cabin crew as well as airport staff to take voluntary redundancy to reduce costs since the airline stated that it has seen “no discernible imp...
Norwegian Air Shuttle has reported a 96% fall in operating revenue to NOK 255.5 million ($30.7 million) and an operating loss of NOK 1.461bn ($176.1 million). The company is currently nearing the succ...
For the first quarter of 2021, Icelandair has reported a 73% drop in total revenue to US$57.3 million, on the back of a 92% decline in capacity. Icelandair’s net loss fell to $30.1 million. The airlin...
Plans to create a new national airline to replace Thai Airways, in order (seemingly) to circumnavigate creditors are meeting with significant opposition from employee unions. However with the governme...
JetBlue Airways Corporation reported first quarter 2021 revenue was down 61 percent from the first quarter of 2019 because of the pandemic’s impact, the lower end of its expectations for the quarter. ...
Hawaiian Airlines posted a significant first-quarter loss yesterday of $60.7 million, or $1.25 a share. At this time last year, Hawaiian had a wider loss of $144.4 million, or $3.14 a share. The carri...
Avelo Airlines is set to commence commercial service today with a round-trip flight from Burbank (BUR) to Santa Rosa (STS), California. Fares started at $19 for the flights and both the outbound and r...
Portuguese Finance Minister João Leão stated in parliament yesterday that no direct funding support for TAP is currently planned for 2023, but loans might be required if the airline cannot secure fund...
Asia Aviation (AAV), the holding company of Malaysia-based Thai AirAsia, expects to raise Bt4.5 billion from the sale of 1.212 billion shares in its initial public offering (IPO). The IPO price has be...
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