May 13, 2019 8:19 am ET
March 13, 2019 10:00 am ET -
Azul Brazilian Airlines Expresses Interest in Avianca Brazil Assets
In a surprising move, the CEO of Azul Brazilian Airlines, John Rodgerson, announced that Azul is interested in buying most of the assets from Avianca Brazil, which is going through bankruptcy protection. The statement came as a surprise because Rodgerson…
February 20, 2019 12:13 am ET -
Icelandair CEO and CCO Talk Hub Strategy, Financial Position and…
Icelandair CEO Bogi Nils Bogason was confirmed into his position in December after replacing former president and CEO Björgólfur Jóhannsson in an interim appointment in August 2018. Since 2010 Bogi Nils had held the position of Chief Financial Officer of…
February 15, 2019 3:19 pm ET -
Etihad to Cancel 42 Airbus A350 Orders
Etihad Airways is currently undergoing a spree of financial difficulties. As part of its efforts to adjust in size and scale in seek of better returns, the airline is rumored to have cancelled its remaining order of 42 A350s. The…
January 30, 2019 11:07 am ET -
Norwegian Releases Shares in Hopes of Long-Term Sustainability
Norwegian’s troubled financial situation is no news; as its rapid transatlantic expansion that set pace for an increasingly dynamic and cost-driven market between North America and Europe is passing the bill with fierce competition, volatile fuel prices and underestimating demand,…
January 26, 2019 7:29 pm ET -
Overcapacity in European Aviation Market Impacts Airline Revenue Per Seat
Low fares are set to continue in the European aviation market as overcapacity over the Winter season has seen Ryanair lower market expectations for 2019 financial results and easyJet report lower per seat revenue. U.K.-based easyJet this week announced first…