WOW air Returns Leased Aircraft Amid Financial Woes, Leaves Icelandair…

Icelandic ultra-low-cost carrier WOW air has returned four aircraft to lessors with two Airbus A330s and two Airbus A320 family aircraft departing Reykjavik earlier yesterday for storage, beginning the process of returning to their lessors. The move comes as a letter to bondholders from the airline's CEO and Founder Skuli Mogensen…

Shake Up at Alaska Airlines Causes Airline to Layoff Employees

Seattle-based Alaska Airlines is reportedly going to cut 100 jobs and is looking at layoffs. Employees were notified via an email from Andy Scheider, Vice President and head of human resources for the airline. “We need to make some difficult, but necessary, management reductions to more efficiently support our frontline…

South African Airways Posts Seventh Straight Loss, Shows Uncertain Future

South African Airways (SAA) is facing an uncertain future after reporting its seventh straight loss for the latest fiscal year 2017-18. The 5.7 billion rand (445 million dollars) loss, a figure more than double that expected, is the largest since the airline reported a 6.1 billion rand (476 million dollars) loss…