airlines

Abu Dhabi Sovereign Fund to Invest at Airline Start-Up in Brazil, Sources

Itapemirim Group, one of Brazil’s largest passenger bus companies, is about to start up its own airline, named “Ita,” backed by one of Abu Dhabi’s sovereign wealth funds. The news was announced this week by the company owner, Sidnei Piva, to Folha de São Paulo newspaper. According to Piva, the new airline would be included […]

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American to Build Alaska Partnership, Add Seattle to India Service

American Airlines has announced new nonstop service between Seattle and Bangalore, India to be launched in October. Tickets go on sale next month. American will become the first airline to offer nonstop flights between Bangalore and the United States. Daily flights between the two cities will be operated with a Boeing 787-9 Dreamliner aircraft in […]

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DOT Says FAA Allowed Southwest To Endanger Passengers

A report released Feb. 11 by the inspector general at the Department of Transportation says Dallas-based Southwest Airlines put millions of passengers at risk by flying aircraft that did not adhere to basic U.S. safety standards. The 27-page report published Tuesday details how the airline operated “more than 150,000 flights on previously owned aircraft that […]

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Air Italy Reportedly on the Brink of Bankruptcy

Italian airline Air Italy could be fighting for its survival and to avoid an imminent grounding, according to reports by Italian newspaper Corriere della Sera. The carrier, 49 percent of which is owned by Qatar Airways, is expected to report a loss for 2019 superior to the 160 million euros deficit that was reported for […]

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Airbus Pays Huge Settlement in Bribery Case

The long-running probe into Europe’s largest aerospace manufacturer has come to an end and it’s not looking good for Airbus. The European manufacturer has been ordered to pay a record $4 billion to settle allegations of widespread illicit payments to middlemen across the world in countries such as China, South Korea, Japan, Colombia, Ghana, and […]

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South African Airways Axes Routes to Regain Profitability

As part of the bankruptcy protection process initiated at the end of 2019, South African Airways last week announced a series of measures that seek to return profitability to its operations. The process is in the hands of two consultants specialized in these practices, led by Siviwe Dongwana and Les Matuson, who have been working […]

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Storm Ciara Brings Havoc to U.K. Airports

Airports around the United Kingdom experienced winds up to 65 knots today as Storm Ciara, the worst storm to hit U.K. land in seven years, swept across the United Kingdom causing major disruptions to airlines flying in from around the world. Records are set to be broken as the tailwinds across the North Atlantic propelled […]

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Korean Air to Offload Non-Essential Assets, Improve Transparency

Korean Air, South Korea’s flag carrier, is selling its non-essential assets in an effort to improve its financial standing and increase transparency, FlightGlobal reports. The most notable asset the airline will sell is real-estate in downtown Seoul, South Korea and a leisure company, which Korean Air wholly owns, that operates a resort in Incheon, South […]

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Air Nostrum Will Fly Domestic Routes in Brazil

The Spanish regional operator Air Nostrum met with Brazilian authorities showing interested in flying domestic routes in Brazil. This is a part of a recent effort by the Brazilian government to attract foreign airlines and increase airline competition. In 2019 Brazil approved a law allowing 100 percent foreign ownership of airlines operating in the country. […]

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