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A Sky Airlines A320neo (CC-AZC) at Arequipa Alfredo Rodriguez Ballon Airport. (Photo: Sky Airlines)

SKY Airlines Plans to Issue $100 Million In Bonds, Go Public In 2024

SKY, the Chilean airline owned by businessman Jürgen Paulmann, will look to the capital markets for an injection of resources that will allow the carrier to continue flying. For this, SKY Airlines plans to launch the issuance of bonds for up to $100 million. According to diariofinanciero, the airline has hired the services of the Brazilian investment bank BTG Pactual, which — although it does not carry out many debt issues — will command the process. It is anticipated that…

Negotiations Between LATAM Brasil, Flight Crews for Wage Reductions Advance

Less than three weeks after LATAM Brasil's flight crews allowed the National Union of Aeronauts (SNA) and the airline to resume negotiations for permanent wage reductions, a deal is starting to take shape. This week, LATAM Brasil, which has just recently recovered its second place in Brazil's domestic market share…

Alitalia Completes COVID-19-Free Trial Flights

As the airline industry is struggling to cope with the collapse in demand caused by the COVID-19 pandemic, some carriers and trade associations are trying to experiment with possible solutions that could encourage the general public to take to the skies again. After the International Air Transport Association (IATA) said…

Alaska Reports Traffic Jump in Third Quarter Results

Alaska Airlines joined American Airlines and Southwest Airlines in announcing their third-quarter financial results on Sept. 22. The Seattle-based carrier also announced some changes to the customer experience while traveling during the COVID-19 pandemic.  Alaska Airlines reported losses for the second straight quarter, stemming from the lack of travel due…

American Airlines Earnings Show Hope for New Strategies

Fort Worth, Texas-based American Airlines reported earnings for the third quarter on Thursday morning, announcing a net loss of $2.4 billion on the back of $3.17 billion in revenue, a 73% revenue decrease from the same period in 2019. The company's stock dropped in early trading on Monday as the…

Singapore Airlines Launches Non-Stop Flight to New York

Singapore Airlines has announced its intentions to launch one of the longest non-stop flights in the world: it will return to New York’s John F. Kennedy Airport starting on Nov. 9. Flights from Singapore begin Nov. 9 and return flights will start on Nov. 11 from New York. Each flight…

Safe Travel Zone Prompts Quarantine-Free Flights to Australia

A glimmer of hope for a return to some kind of normality in the Trans-Tasman aviation market came a few days ago on Oct. 16, when Air New Zealand and Jetstar started operating flights under the new “Safe Travel Zone” agreed to by the Australian and New Zealand governments. At…

United Boosts Mexico, Caribbean Winter Flying

United Airlines has announced a significant expansion for its winter international schedule including the addition of seven new routes to the Caribbean, Central America and Mexico. The airline has aimed the expansion at vacationers looking to get away to warm leisure destinations during the winter season. The Chicago-based carrier has…

JetBlue Adds New Seasonal Winter Routes

While some carriers dig into existing markets for travel demand during the COVID-19 pandemic, many carriers are exploring new routes in attempts to capture whatever demand for travel exists. Across the world, the most aggressive recent expansion has been seen by low- and ultra-low-cost carriers. JetBlue has broken this trend…

Copa Progressively Increasing International Operations

Copa Airlines announced its first increase in international operations since November. The carrier plans to connect Panama City, Panama with 35 destinations all over America. The destinations span over a dozen countries from South America, North America and Central America. As the world economy continues to reopen, ALNNEWS highlighted the…