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Asia-Pacific
AirAsia, Chastened from Pandemic Losses, Takes Disciplined Approach to Growth
Gone are the days of growth for growth's sake at AirAsia. The Southeast Asian discounter is taking a much more disciplined approach to expansion after pandemic losses topped $2.7 billion.October 16th, 2023 at 7:00 AM EDT
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Europe
EasyJet Raises Profit Outlook After ‘Record’ Summer, Orders More Airbus Planes
EasyJet expects operating profits nearly double analyst forecasts during the year that ended in September, after a banner summer travel season in Europe. That, in part, gave the European discounter…October 12th, 2023 at 5:04 PM EDT
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Europe
British Airways Latest to Suspend Israel Flights as Industry Braces for Extended Conflict
Passengers on British Airways flight BA165 got an extra four-plus hours in their seats Wednesday after the airline suspended service to Tel Aviv when the plane was inbound from London.…October 11th, 2023 at 2:48 PM EDT
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Asia-Pacific
Virgin Australia Back to Profitability but Still Faces Uphill Battle Versus Qantas
Virgin Australia, which restructured in bankruptcy during the Covid crisis, announced an annual profit for its fiscal year that ended in June. It was the airline’s first profit in 11…October 10th, 2023 at 10:57 AM EDT
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Europe
Finnair Prepared for Russian Airspace to Stay Closed for More Than a Decade
Finnair is gearing up for a lengthy closure of Russian airspace to western airline flights, a fact that has forced it to pivot and embrace new commercial strategies for survival.October 6th, 2023 at 3:27 PM EDT
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Europe
Greece’s Aegean Airlines Targets Year-Round Visitors with Winter Expansion
Greece’s Aegean Airlines, coming off a strong summer season, unveiled its winter flight schedule this week. It features 18 new routes versus what it offered last winter, spread across 14…October 5th, 2023 at 11:34 AM EDT
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Africa
China Air Travel Recovery Drives Global Demand to Near Pre-Pandemic Levels
The return of China's domestic travelers helped drive the global air travel recovery a tick closer to pre-pandemic levels, new data from trade group IATA shows.October 4th, 2023 at 12:47 PM EDT
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Europe
Air France-KLM to Take Stake in SAS Under $1.2 Billion Deal
Air France-KLM will take a minority stake in bankrupt Scandinavian airline SAS as part of a $1.18 billion U.S. Chapter 11 restructuring deal unveiled Tuesday. The deal is the latest…October 3rd, 2023 at 12:17 PM EDT
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Asia-Pacific
AirAsia’s First Airline Partnership Expands its Presence in Indonesia
AirAsia is joining the growing ranks of airlines partnering to expand their reach in Southeast Asia with a deal in the large Indonesian market.October 2nd, 2023 at 1:04 PM EDT
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North America
Airlines Prepare for U.S. Government Shutdown that Could Snarl Flights, Delay Upgrades
Airlines are bracing for the increasing likelihood that the U.S. government will shutdown at a minute past midnight Sunday morning.September 29th, 2023 at 2:47 PM EDT