airlines

Malaysia Airlines Finalizes Leases for 25 Boeing 737 MAX 8s

Under a contract with Air Lease Corporation (ALC), Malaysia Airlines will get 25 new Boeing 737 MAX 8s from its order book. The purchase, which comes from Malaysia Airlines’ order book with Boeing, will enable the carrier to take possession of new aircraft and continue to pursue its strategic objectives of domestic and medium-haul domination. […]

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Air Canada Reports Positive Recovery Signs in Final Quarter of 2021

Air Canada has posted its 2021 financial year results that indicate a strong final quarter finish to the year with an unexpected positive EBITDA — a common proxy for operational profitability that stands for earnings before interest, taxes, depreciation and amortization — for the first time in seven quarters. By comparison, 2020’s final quarter EBITDA […]

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Etihad Airways Becomes Newest Airbus A350F Customer at Singapore Airshow

Held as a biennial event where aviation’s finest meet at Asia’s largest and most influential aerospace and defence exhibition, the Singapore Airshow is the event for both the leaders of the aerospace industry, as well as the eager newcomers to make their mark and settle in some new partnerships. After a full two days — […]

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Newborn Italian National Airline Heads Toward Privatization

The Italian government recently approved the decree for a new path to be taken by the newly formed Italian national airline, ITA Airways. Currently, the airline is 100% owned by the Italian state, specifically the Italian Ministry of Economy and Finance. However, the future of ITA Airways will be privatization. Recently, Italian Minister of Economy […]

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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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5 Key Movements to Watch in Frontier-Spirit Deal

Early Monday morning, U.S.-based ultra-low-cost carriers Spirit and Frontier announced their plans to merge the two airlines in a $3 billion cash-stock deal. The airline duo expects annual run-rate operating synergies once full integration is complete. While the deal is expected to close in the second half of 2022, a variety of movements are crucial […]

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