News

Avelo Marks 100 Days of New Haven Operations

Houston-headquartered Avelo Airlines celebrated 100 days of operations from Connecticut’s Tweed-New Haven Airport this week. The airlines launched service to the small airport in southern Connecticut on Nov. 3 and currently runs six routes to cities across the East Coast. New Haven serves as the airline’s base for the coast, and it is currently the […]

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WestJet Reduces Flight Operations By 20% in March

Canadian airline WestJet is set to reduce flight operations across its network by 20% in March, citing continued restrictions for international travel. The Calgary, Canada-based carrier will also be extending reductions in capacity that were implemented for January and February. “It’s disappointing that Canada remains stagnant in its approach and continues to make travel inaccessible […]

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Norse Atlantic Airways Prepares for Second Quarter Debut

Norse Atlantic Airways is preparing to land soon. The airline, founded by former Norwegian executives, plans to launch ticket sales at the end of March and the first commercial flight in the second quarter from Oslo (OSL) to a U.S. destination. “Prospective customers on both sides of the Atlantic contact us every day to ask […]

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Kenya Airways Appoints Seabury Consulting as a Restructuring Advisor

Kenya Airways has appointed Seabury Consulting, part of Accenture, to advise its board on the restructuring process to be undertaken by the airline as it seeks to re-settle its debt as well as improve its revenues on a long-term business plan. Confirming the deal, KQ Board Chairman Michael Joseph said, “They [Seabury Consulting] will assist […]

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Air France, KLM Face Possible Disruptions Amid Peru’s Fuel Shortage

On Feb. 4, the French and Dutch embassies in Peru issued a statement addressed to the Peruvian Ministry of Foreign Affairs showing their concern about the air operations’ continuity between Peru and Europe. This message was issued after the La Pampilla refinery — operated by the Spanish company Repsol — stopped its operations on Feb. […]

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Canada’s ULCC Swoop To Triple Its Fleet To 30 Aircraft

As the world progresses towards re-establishing some kind of post-pandemic normality and the airline industry works at regaining the years of lost growth, carriers are doing their best to position themselves so they can take advantage of the rebound in demand. Canadian Ultra Low-Cost Carrier Swoop, a fully-owned subsidiary of Westjet, has been expanding its […]

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El Al Signs Agreement to Acquire Arkia

El Al Airlines — Israel’s flag carrier — has reached a non-binding agreement to acquire Arkia, a smaller carrier. On Thursday, the carrier formed a non-binding memorandum of intent to buy smaller local rival Arkia after being forced to shrink down following a government bailout during the pandemic. Arkia would become a wholly-owned subsidiary of […]

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Aeroméxico Plans for Bankruptcy Exit

In 2020, Aeroméxico voluntarily entered the Chapter 11 process for financial restructuring to be able to face the billionaire debt that reached up to $5 billion. The Mexican carrier has debts with banking institutions, airport groups, Mexican government entities and suppliers including Boeing. Aeroméxico saw the number of passengers drop by more than 90% as […]

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