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An artist's rendering of an Air Transat A321LR (Photo: Air Transat)

Grounded Air Transat Investigates Alternatives To Air Canada Deal

Canadian leisure airline Air Transat is exploring its options as the takeover deal that would see it become part of the Air Canada Group is still being vetted by the European Commission. The Montreal-based carrier grounded all its flights on Jan. 29 following the decision by the Canadian government to ask all airlines to suspend for 90 days all services to Mexico and the Caribbeans in an attempt to curb the spread of the COVID-19 pandemic. Unsustainable Losses Air Transat…

Regional Airline Flybe Rescued as Part of Virgin Atlantic Deal

U.K. airline Flybe is to be involved in a consortium led by Virgin Atlantic that will effectively rescue the regional airline. The news comes after months of uncertainty of the carrier, which carried 9.5 million passengers in 2017/2018 with an average load factor of 75.6 percent. The Downfall Although a…