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Sun Country Airlines Sold to Investment Giant Apollo Global Management

On Thursday, Minneapolis-based Sun Country Airlines announced that it had been acquired by Apollo Global Management, a major investment group based in New York City. The deal, subject to regulatory approval, is expected to be completed by the first quarter…

Delta Outlines Bold Future Strategy at Investor Day Event

Delta Air Lines is expecting a bullish 2018 based on their presentation during Delta Investor Day given higher expected earnings per share driven by higher flight capacity, nonfuel unit costs, and higher brand recognition. In order to achieve their metrics…

Qantas Announces New Service to San Francisco from Melbourne

Qantas Airways has been busy with their new Boeing 787-9 Dreamliner. First, the airline announced the name for their new Boeing 787-9 Dreamliner. Then, Qantas announced that they will be adding an additional flight from Melbourne to Los Angeles and…

Austrian Niki Declares Bankruptcy After Lufthansa Withdraws Bid

Austrian low-cost carrier, Niki, announced that it was filing for bankruptcy protection on Wednesday. A subsidiary of Air Berlin, who also went bankrupt this past August after Etihad Airways pulled the plug on its cash flow, Niki applied for protection…

Ryanair Responds to Strike Notice from Dublin-Based Pilots

There appears to turbulent skies ahead for Ryanair flights leading up to the Christmas travel rush as Dublin-based pilots issued a full day's strike notice for Dec.20. In a provocative press release issued by the Irish carrier this week entitled…