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Another European Airline in Financial Trouble?

Trade war tensions with China are rising in the U.S. as President Donald Trump creates new barriers for Chinese trade. While this has been occurring, Cyprus has kept its doors wide open to Chinese investment and trade, with plans to…

Rising Fuel Costs Crashes the Profitability Party

The aviation industry is known for having high costs. Multi-million dollar machines fly across the world carrying passengers seeking a bargain. It’s hard to run a consistently profitable airline when so many factors impact profitability; competitors could be waging a…

After Strong First Quarter Success, LATAM Estimates $25 Million in…

On April 10, 2018, 842 unionized cabin-crew members of Transporte Aereo S.A., one of the affiliates of LATAM Airlines Group in Chile, went on a strike that affected LATAM’s domestic operations in Chile, as well as some regional flights from Chile to…

Struggling South African Airways to Receive $400 Million Capital Injection

The South African government has promised another sizeable cash injection to its ailing national carrier to assist with "urgent financial obligations," it was announced on Thursday. The latest 5 billion rand ($400 million) boost will mean that the airline has received over…

Norwegian Air Signals That Other Airlines May Be Interested in…

Norwegian Air Shuttle (NAS) CEO Bjorn Kjos has divulged that the airline has been approached by other parties interested in buying a stake in the Norwegian-based carrier after it was reported on April 12 that the International Airlines Group (IAG)…