financa

With the 23 A320s and A321s removed from its 2025 fleet plan, the carrier will have nearly 11% fewer aircraft by the end of 2025.

Deutsche Lufthansa AG shareholders have agreed to support a bailout package from the German government which will assist the airline group to survive in a post-COVID environment. At the ‘Extraordinary General Meeting’ held on Thursday, the €9 billion ($10.1 billion) package which gives the government a 20% stake and two seats on the board was […]

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]