Portugal’s government has agreed to pay €55 million ($62 million) to increase its stake in TAP Air Portugal, the national airline, to prevent the carrier from going bankrupt. The government will own a 72.5% stake in the airline, up from the 50% stake it’s held since partially privatizing the airline in 2015. The government is purchasing a 22.5% stake back from David Neeleman, the Brazilian-American businessman who has founded five airlines, including JetBlue and Azul. Humberto Pedrosa, a Portuguese businessman…
United Airlines CEO Oscar Munoz has officially stepped down from his post at the airline. He will be replaced by Scott Kirby. Kirby, an industry veteran, is widely considered well equipped to lead United through the Coronavirus crisis, the worst in the airline’s history. In stepping down, Munoz will become…
The airline day of reckoning is coming if everything continues on its current path. The bailout money airlines got this spring will hold them over until September 30 on the condition that payroll is maintained. Airlines, especially JetBlue and United Airlines, have become creative to find loopholes around this condition,…
Roswell International Air Center is a public-use airport that serves the city of Roswell, N.M. It was previously known as Roswell Army International Airfield during World War II, and Walker Air Force Base during the Cold War. The base was previously known for a large presence of US Air Force…
Emirates president, Sir Tim Clark, announced he will be stepping down from the Dubai-based carrier in June 2020. The executive will remain as an external advisor for the airline. Clark has served Emirates for more than thirty years, joining as the head of route planning in 1985 and then moving…
A recently released study has ranked the onboard water of major U.S. airlines and it may make you reconsider which airlines you drink non-bottled water on. The 2019 Airline Water Study, performed by the Hunter College NYC Food Policy Center and DietDetective.com, recently released results that ranked major and regional…
On Aug. 14, 2019, the aviation world was stunned by Cathay Pacific CEO Rupert Hogg's decision to step down amid protests in Hong Kong. Though not officially confirmed, it is apparent that the resignation was Beijing’s response to news that Cathay Pacific employees were participating in protests. Hogg, the person…
On Aug. 14, 2019, the aviation world was stunned by Cathay Pacific CEO Rupert Hogg's decision to step down amid protests in Hong Kong. Though not officially confirmed, it is apparent that the resignation was Beijing’s response to news that Cathay Pacific employees were participating in protests. Hogg, the person…
Dallas-based Southwest Airlines has announced that it will be suspending 17 routes in January. The routes being cut had not performed as expected, but the carrier has hoped that the cut routes will free up aircraft for routes with higher demand, such as flights to Hawaii. "We are always evaluating…
Dallas-based Southwest Airlines has announced that it will be suspending 17 routes in January. The routes being cut had not performed as expected, but the carrier has hoped that the cut routes will free up aircraft for routes with higher demand, such as flights to Hawaii. "We are always evaluating…
