AirAsia X shares slump on restructuring news
Following AirAsia X’s announcement yesterday that it is embarking on a restructuring in order to save the airline, shares in the Kuala Lumpur-traded stock fell 10% today. Reacting to the news, analyst...
Following AirAsia X’s announcement yesterday that it is embarking on a restructuring in order to save the airline, shares in the Kuala Lumpur-traded stock fell 10% today. Reacting to the news, analyst...
Ahead of the G20 summit of the world’s largest economies, which includes a dedicated tourism segment, the World Tourism Organization (UNWTO) has signed a Memorandum of Understanding with the Internati...
On October 6, Wizz Air announced it will open new domestic routes in Norway from a new base in Oslo. The Hungarian low-cost carrier plans to open the new base on November 5 initially with one aircraft...
Erik G. Braathen, Brede Huser and Thomas Ramdahl are starting up a new airline in Norway. The new, as yet unnamed airline, will initially lease either five A320neos or 737-800s. Braathens has commente...
AirAsia Japan has confirmed that it has decided to cease operations effective 5 October 2020. Since its incorporation in July 2014, the company has been operating domestic and international flights fr...
AirAsia X Berhad (AirAsia X) has announced a restructuring plan geared at facilitating an injection of fresh equity that it is hoped will allow the airline to fly again. AirAsia X has appointed Dato’ ...
WestJet's newest 787 Dreamliner is now operating five-times weekly between Vancouver and Toronto, joining Calgary and Toronto as another domestic destination served by the aircraft. "The Dreamliner of...
On Monday (October 5), Gary C. Kelly, chairman of the board and chief executive officer of Southwest Airlines, told employees in a video message that the airline continued to burn cash every day and w...
El Al Israel is now controlled by Eli Rozenberg under his company Kanfei Nesharim, following a decision by the State of Israel to grant him control of the company. However, the new owner – a 26-year-o...
London City Airport has welcomed the return of flights to Zürich (ZRH) five times a week, operated by BA CityFlyer. The route was London City Airport’s fourth most popular in 2019, seeing 429,019 pass...
UK regional airline, Eastern Airways, will enter into a codeshare partnership with Channel Islands specialist airline Aurigny – Guernsey’s airline to help both regional airlines offer comprehensive co...
Norwegian’s traffic figures for September are heavily influenced by lower demand caused by new and stricter travel restrictions across Europe. In September, 319,370 customers chose to fly with Norwegi...
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