Air France-KLM on Tuesday unveiled a 2.256-billion-euro ($2.41 billion) rights issue to existing shareholders to strengthen its balance sheet and further repay French state aid. The French and Dutch states…
Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection into one of its engineering and…
Image: REUTERS/Kieran Doherty Italy’s police said they froze assets worth 146 million euros ($153 million) owned by Superjet International, a joint venture between Russia’s Sukhoi and Leonardo, as the country…
Thomas Reynaert, A4E MD, makes his case at Routes Europe 2022 – Image: Ocean Driven Media Airport price hikes of 10-30% will only hinder the recovery given the cost-driven nature…
Hungary-based low-cost carrier Wizz Air plans to set up a new airline subsidiary registered in Malta, as it aims to reinforce the airline’s position and support expansion plans in Europe.…
Image: Maxim Zmeyev Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfilment of contractual obligations”. More…
easyJet will reduce its Airbus A319 aircraft capacity in order to fly with fewer cabin crew members. The move comes as the UK-based budget carrier faces staff shortages. As part…
Germany’s Deutsche Lufthansa announced plans on Monday to buy Boeing passenger and cargo planes with a total list price of nearly $6 billion, citing a drive to modernise its fleet…
The European Union Aviation Safety Agency (EASA) has identified several potential risks affecting commercial aviation due to war in Ukraine. In a recently published safety portfolio, EASA have highlighted multiple…
British Airways-owner IAG cut back plans to ramp up short-haul flights to avoid disruption at Heathrow airport this summer, sending its shares skidding 8% on Friday after admitting it doesn’t…
