airlines

Editor’s Note: This is the first article in a three-part series on Webjet. Part one was published July 20, and part two was published July 21. 2009-2011: With Massive Growth, Webjet Has Its Golden Era In January 2009, Webjet appointed Wagner Ferreira as its CEO, replacing Paulo Enrique Coco. Ferreira previously worked as head of […]

Chicago-based United Airlines released its second quarter earnings report on Tuesday afternoon, announcing a $1.6 billion net loss on approximately $1.5 billion in revenue. The revenue figure, which comes on the back of an 87.8% drop in total capacity, is 87.1% less than revenue in the second quarter of 2019. With its announcement Tuesday, United […]

Editor’s Note: This is the second article in a three-part series on Webjet. Part one was published July 20, and part three will be published on July 22. 2006-2007: Humble Investments, Small Growth Webjet remained grounded, with no perspectives for the future, but not for too long. On January 18, 2006, the public learned that […]

Editor’s Note: This is the first article in a three-part series on Webjet. Part two will be published July 21, and part three will follow on July 22. The first decade of the new century brought to Brazil stable economic growth that, for years, was unseen. With millions of people ascending socially and businesses thriving […]

India has signed bilateral flight agreements with the U.S. and France, under which airlines of each country will be allowed to operate international flights to and from India starting on Friday. “Air bubble arrangements with the U.S., the [United Arab Emirates], France & Germany are being put in place” by India’s government while similar arrangements […]

While the demand for travel continues to slowly increase around the world, things are not all positive in the airline industry. Dallas-based Southwest Airlines is facing the possibility of having to carry out furloughs unless passenger numbers change drastically.  While the exact number of possible layoffs was not announced, it would mark the first involuntary […]

Ryanair’s U.K.-based cabin crew have followed the airline’s U.K-based pilots in accepting a deal to secure jobs as the aviation industry copes with the significant decrease in passenger demand because of the COVID-19 crisis. The 4-year agreement negotiated with the UNITE union includes productivity improvements and pay cuts of between 5-10% giving the carrier a […]

Just days after announcing they would be indefinitely suspending all operations, El Al Israel Airlines agreed to become nationalized. This development is part of a plan regarding a bailout for the airline that has had significant financial struggles due to the COVID-19 pandemic. The Israel-based carrier and its controlling shareholder Knafaim Holdings had been in […]

With the COVID-19 pandemic still raging around the world and travel demand consequently depressed, airlines are being faced with adapting their networks to make business sustainable in the medium term. Over the past few days Air Canada had to make the difficult decision to suspend indefinitely 30 domestic routes in its networks and consequently closing […]

As countries throughout the world start easing travel restrictions due to the COVID-19 pandemic, airlines have seen an increase in demand for bookings as the year continues. The Lufthansa Group announced that it has published its flight schedules for subsidiary airlines through Oct. 24, the end of the normal summer travel period. Not only does […]