The never-ending saga of ailing carrier Alitalia seems to be close to a new chapter. On Monday, the now-majority stakeholder Ferrovie dello Stato (the Italian state railway company) held a Board of Directors meeting to choose among the four non-binding offers that were received for a 40 percent stake in the new Alitalia. Ferrovie dello Stato owns a 35 percent, with the Italian Ministry of Economy maintaining a further 15 percent and Delta Air Lines providing technical expertise with a…
As part of its Capital Market Day in Frankfurt on Monday, the Lufthansa Group provided an update on its financial health, as well as announced several major changes to its corporate strategy. The German flag carrier began by reporting a very healthy improvement of its financial results during the last…
In a development that is likely to stir some controversy in the U.S. airline business, Italian carrier Air Italy signed a Special Prorate Agreement with Seattle-based Alaska Airlines adding ten more destinations in the United States to its network. These new destinations include Portland, Oregon, San Diego and Seattle and…
Last February, British Airways announced some of its best financial results on record Generating more than £2 billion ($2.53 billion) in profits for the year 2018, with an operating margin 15 percent higher than in 2017, the flag carrier stood firm amidst rising oil prices and widespread uncertainties due to…
Softening demand in both business and leisure markets is projected to send Virgin Australia’s accounts into the red. In an investor update delivered to the markets on May 17, the Australian carrier announced estimated earnings in 2019 at least A$100 million lower (69 million U.S. dollars) than the A$64.4 million…
Since high average fares are quite typical of the Canadian market, it was not difficult to foresee the launch of one or more Ultra-Low-Cost Carrier (ULCC) ventures north of the 45th parallel. Despite being the first new ULCC, NewLeaf Airlines never really started their operations before they were eventually taken…
Delta has decided to take the first step towards providing free internet connection onboard its aircraft by setting up an “initial, limited test” on 55 domestic routes every day, starting on May 13. In the never-ending quest to improve in-flight customer experience one of the hottest battlefields is represented by…
In the midst of its struggles to ensure its survival, Alitalia launched a new transatlantic route on Thursday connecting its hub at Rome's Leonardo da Vinci - Fiumicino Airport to Washington Dulles International Airport. The new route will be operated five times weekly during the peak summer season, dropping to…
U.S. leisure carrier Allegiant Air has filed an application with the Department of Transportation to offer scheduled air services between the United States and Mexico. This would mark the beginning of international services for the Las Vegas-based carrier, which has so far limited its operations to 117 destinations all within…
The lingering debate fostered by major U.S. carriers complaining about “unfair competition” on behalf of airlines from the Middle East has seen a major flare in the last few days due to some back-and-forth between the CEOs of airlines involved in the dispute. On Tuesday, American CEO Doug Parker, Delta…
