American, Delta Accelerate Aircraft Retirements

As airlines continue to struggle through the virtually nonexistent travel associated with the coronavirus pandemic, they are looking for as many places as possible to cut down on costs in an effort to save money. Many airlines have grounded large portions of their fleets, including inefficient jumbo jets that they…

Delta Officially Picks Up 10 LATAM A350 Orders

Delta Air Lines confirmed it has officially absorbed an order for 10 Airbus A350 aircraft from LATAM Airlines Group. The group, which currently operates a fleet of 330 aircraft, has been forced to cut 95 percent of its flying as a result of the global COVID-19 crisis. Through the deal…

Profit-Sharing Continuing to Shape Major U.S. Airlines

All of the four major U.S. airlines have released the figures for their 2019 profit-sharing, each doling out hundreds of millions of dollars to employees across their networks. This year's announcement continues the streak of 'giving back' as the airlines — publically and proudly — reward employees for their role…

Sea-Tac Airport Reaches New Milestone in North Satellite Modernization Project

Seattle Tacoma International Airport celebrated a literal high-point in Phase 2 of the North Satellite Modernization Project earlier this week as the last and highest beam of the building was hoisted into place. The beam, signed by crew and dignitaries before being hoisted into place by a 260-foot crane, is…

Alitalia Still Without a Savior, Is the End Approaching?

Another deadline has passed for Alitalia and there is still no indication of a likely solution to the Italian flag carrier’s long-standing troubles. A binding offer that was due to be presented by Oct. 15 on behalf of the consortium led by Ferrovie dello Stato and Atlantia did not materialize…

Delta’s Path Forward After Beating Earnings Estimates

Thursday brought a pair of announcements for Delta Air Lines as it released both its third quarter earnings and outlined its path for growth in 2020 and beyond. The Atlanta-based airline, which came in slightly above consensus earnings per share estimates, highlighted a nine percent increase in premium cabin ticket…

Delta Takes 20 Percent Stake in LATAM Airlines Group

Delta Air Lines has just announced it is buying a 20 percent stake of LATAM Airlines Group, the biggest group of carriers in Latin America, an acquisition which also brings a potentially unprecedented strategic alliance between two carriers from South America and the United States. The agreement will cost Delta…

Japan Assigns 50 New International Daytime Slots at Tokyo Haneda

Japanese authorities have allocated 50 new daytime slot pairs at Tokyo Haneda Airport to nine countries for the 2020 IATA Summer season which begins on March 29, 2020. The pairs have been equally distributed between Japanese carriers (25 pairs) and foreign carriers (25 pairs) for services to the United States,…

No Finish Line Yet In Sight For Alitalia

Those who were looking forward to another episode of the never-ending saga of Alitalia and its quest for survival will have to wait a bit longer. The deadline for the presentation of a binding offer and commercial plan for the Italian flag carrier, that has been operating under bankruptcy protection…