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Cathay Pacific Returns to Russian Airspace, Limiting Codeshares from Other Carriers
Since Nov. 1, Cathay Pacific Airways flight CX841 service from New York’s John F. Kennedy International Airport to Hong Kong returned to Russian airspace due to a strong high altitude headwind in the temperate zone. Previously, such weather has caused the flight to divert to Taipei to fuel up. Cathay Pacific had previously avoided Russian […]
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Interview: Expedia VP of Airline Partnerships On the Changing Game for Airlines, Travelers
Air travel was dead in late-2020. Airlines had slashed their schedules to fractions of 2019 levels, potential travelers had hunkered down to protect themselves from Covid-19 and airports had little to do but sit idly by. But where travel had disappeared, hope still shined that the end of the pandemic would be just around the […]
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Hit By Western Sanctions, Aeroflot Signs Letter of Intent for 339 Aircraft with UAC
Confirming what had been announced a couple of weeks ago, Aeroflot and United Aircraft Corporation (UAC) signed a letter of intent on Wednesday for the delivery of 339 Russian-made aircraft by 2030. This was done at the Easter Economic Forum in Vladivostok and reported by the official TASS news agency. The order comprises 210 Irkut […]
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Capping Off Airline Earnings Season: The Push and Pull Between Higher Fares and Rising Prices
The second quarter of 2022 brought with it all the murkiness and uncertainty that have become standard in the airline industry since March 2020. The three-month period from April to June was headlined by JetBlue Airways and Frontier Airlines staging a public battle to purchase Miramar, Fla.-based Spirit Airlines, which after months of higher bids and […]
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Interview: United Aviate Academy CEO On Solving Challenges Facing Airlines and Pilots
The aviation industry has been plagued by several massive schedule disruptions in the past year, as airlines have been caught unprepared for a resurgence in travel demand across the world. After scaling back following the onset of the Covid-19 pandemic, airlines have said staffing shortages — not having enough pilots and flight attendants ready to […]
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More On JetBlue’s Strategic, Financial Rationale for Spirit Airlines Offer
On Tuesday, news leaked that JetBlue had made a $3.6 billion takeover offer for Spirit Airlines, the Miramar, Fla.-based ultra-low-cost carrier that in February agreed to terms for a merger with close competitor Frontier Airlines. The early announcement — in addition to a formal release from the airline after the market closed — led to […]
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JetBlue Announces $3.6 Billion Offer for Spirit, Topping Previously Announced Frontier Deal
Following reports by the New York Times earlier Tuesday, JetBlue announced this afternoon that it had submitted a $3.6 billion all-cash offer for Miramar, Fla.-based Spirit Airlines, putting the New York-headquartered carrier in direct competition with Frontier Airlines — the ultra-low-cost carrier with which Spirit had agreed to merge earlier this year. Spirit’s shares jumped […]
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Canada Launches Probe into Flair Airlines’ Foreign Investor Control
Following an extensive review of the distribution of board seats and foreign capital investment, the Canadian Transportation Agency moved forward with a second stage of an investigation that aims to clarify Flair Airlines’ compliance with laws that regulate foreign investor maximum share in an operator based in Canada. Canadian law forbids for foreign capital to […]
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American, United Report Net Losses, Project Capacity Again Lower than 2019
U.S. airline industry earnings season continued Thursday morning as rival legacy carriers American Airlines and United Airlines released figures from the fourth quarter and all of 2021. The pair of airlines followed competitor Delta Air Lines’ lead with a beat on the top and bottom lines. United reported a total load factor — a measure […]
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Dubai Airshow Recap: Day 3
Boeing came away from a day at the Dubai Airshow with the headline news for the first time on Tuesday as the American aircraft manufacturer inked a deal with Indian startup Akasa Air for 72 Boeing 737 MAX aircraft. Valued at nearly $9 billion at list prices, the bill is likely to go to Inidan […]