Spirit Airlines Chief Executive Ted Christie said on Monday it is unlikely shareholders would vote against its proposed merger with Frontier Group Holdings Inc. The Florida-based ultra-low-cost carrier is facing…
Low-cost long haul carrier Thai AirAsia X has filed for business rehabilitation, becoming the latest Thai airline to file for business restructuring following Thai Airways and Nok Air. Thai AirAsia…
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…
After less than a month of the debate and criticism for the state-owned carrier Sri Lankan, the newly elected Prime Minister Ranil Wickremesinghe, decided to pull-off the plug on the…
Image: United Airlines United Airlines Holdings Inc on Monday raised its revenue estimate for the current quarter despite trimming capacity, underscoring a booming travel demand. The Chicago-based carrier now expects…
Image : Ryan Fletcher / Shutterstock Emirates, the government-owned carrier of the United Arab Emirates, published its annual financial results for FY2021-22, in which the airline ended with a $1…
Inflation clauses that determine how much airlines pay for new jets have jumped into a “hyper-escalation” band, pushing up aircraft prices but still leaving manufacturers unable to fully pass on…
China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a share sale to expand its fleet and to replenish working capital, the company said…
Russian flag carrier Aeroflot has announced that it will not publish financial results for the first quarter of 2022, citing shareholders’ inability to “make investment decisions”. “Disclosure of material information…
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…
