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Nordic Aviation Capital First Major Lessor to Restructure Due to Pandemic
Nordic Aviation Capital (NAC) became the first major leasing company to restructure owing to the Covid-19 pandemic. The lessor has filed four separate U.S. Chapter 11 bankruptcy cases covering its…December 20th, 2021 at 12:40 PM EST
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Delta Air Lines Aims to Raise Fares in 2022
Delta Air Lines management left investors and analysts with one clear statement on next year: Don't get too excited. The Atlanta-based carrier's passenger capacity recovery will slow and that will…December 17th, 2021 at 12:25 PM EST
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Air France-KLM, Qantas Order 300 Airbuses in Double Blow to Boeing
Airbus has picked up 302 new aircraft commitments from Air France-KLM and Qantas Airways in the past 24 hours. The deals flip the long-time Boeing narrowbody customers to Airbus narrowbodies…December 16th, 2021 at 2:46 PM EST
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Iceland’s Play Picks Boston, Baltimore as First U.S. Destinations
Icelandic startup Play has chosen its first U.S. destinations: Baltimore-Washington and Boston with flights set to launch on April 20 and May 11, respectively. The carrier, which got its U.S.…December 16th, 2021 at 6:31 AM EST
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Airlines Bank on Transatlantic Flights to Sustain International Networks in 2022
Travelers looking for a vacation in Palma de Mallorca, Rome, or St. Louis will have new long-haul flight options next summer. Those are just three of the growing list of…December 15th, 2021 at 11:20 AM EST
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Hawaiian Banks on Japan Reopening For Summer Recovery
Hawaiian Airlines expects its recovery to begin in earnest next summer, when it believes its essentially shuttered international network will spring back to life. Although the Omicron variant has roiled…December 14th, 2021 at 9:16 AM EST
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United Airlines, Alaska Invest in Hydrogen-Electric Engine Developer ZeroAvia
United Airlines and Alaska Airlines have placed another bet in the airline industry's push to go carbon-neutral by the middle of the century. This airlines are investing $35 million in…December 13th, 2021 at 1:18 PM EST
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Delta, Virgin Group Invest $530 Million in Virgin Atlantic
Delta Air Lines is investing up to $1.2 billion in three of its foreign airline partners — Virgin Atlantic, Aeromexico, and Latam Airlines Group — as those carriers emerge from…December 13th, 2021 at 11:24 AM EST
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Transat Banks on A321LR and Alliances For 2022 Growth
Transat expects to emerge from the Covid-19 pandemic as a true national Canadian airline and, a few quarters into the transformation process, it is banking on the Airbus A321LR to…December 10th, 2021 at 9:58 AM EST
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Avianca to Test Whether a Legacy Airline Can Become a Low-Cost Carrier
Newly restructured Avianca has a robust vision for growth for the next few years. The airline aims to launch 50 new routes by 2023, grow its passenger fleet by a…December 9th, 2021 at 3:30 PM EST
