May 31, 2020 10:00 am ET
September 1, 2019 12:00 am ET -
Peach Becomes First Japanese Carrier to Cut Services to South…
Japanese Low-Cost Carrier, Peach Aviation, is the first Japanese airline to respond to rising tensions between Japan and South Korea. The low-cost carrier based at Kansai Airport in Osaka is suspending and reducing flights between the two neighboring countries. According…
July 7, 2019 2:22 pm ET -
Frontier Expands Las Vegas Service
Denver-based Frontier Airlines will be expanding and launching new services out of McCarran International Airport in Las Vegas this coming Fall 2019. The ultra-low-cost carrier which turned 25 on Friday announced seven new year-round destinations from its west coast focus…
June 21, 2019 10:00 am ET -
Lufthansa Cuts 2019 Forecasts, Blaming Local Low-Cost Carriers
The Lufthansa Group on Monday announced its subsidiary airlines were the next in a long list of carriers from around the world to be adversely affected by the increasing numbers of low-cost carriers. The group announced it expected its margin…
May 17, 2019 1:37 pm ET -
Air Canada Enters Talks To Finalize Air Transat Acquisition
On Thursday, Air Canada announced that it has commenced exclusive talks with fellow Quebec-based Transat A.T. Inc., owner of Air Transat, for a full takeover of the Canadian leisure carrier. The publically proposed transaction is valued at approximately $387.5 million…
April 10, 2019 10:00 am ET -
Opinion: Low-Cost Transatlantic Business Model is Flawed
WOW Air ceased operations recently, making it another low-cost transatlantic carrier to essentially shut its doors overnight. WOW air left thousands of passengers stranded without much recourse. Planes are scattered around airports waiting to be repossessed by lenders, including one…