IAG agrees €100mn exclusivity deal with Air Europa owner
IAG International Airlines Group has reached a deal to negotiate exclusively with Globalia for one year over the chance of… Read More »
Indigo Partners expresses interest in ITA Airways
Indigo Partners, an American private equity fund that has invested in a number of “ultra-low cost” airlines in Europe and… Read More »
Ryanair and Wizz Air lead adding seats for summer
Ryanair and Wizz Air continue to lead European aviation’s recovery, but other leading groups are becoming more bullish. In the… Read More »
Airline are hedging and adding surcharges worldwide due to high oil prices
The price of oil has surged to its highest since 2008 after Russia’s invasion of Ukraine, adding to airline costs… Read More »
Russia’s invasion of Ukraine is driving up air cargo and air express costs
The cost of transporting goods by air has surged since Russia’s invasion of Ukraine last week, just as consumers are… Read More »
Russia’s invasion of Ukraine raise concerns over a fifth of air freight
Global supply chains, already hit hard by the pandemic, face new disruption and cost pressure as airspace bans following Russia’s… Read More »
Wizz Air to extract four aircraft grounded in Ukraine
Wizz Air (W6, Budapest) plans to extract as soon as possible four of its A320-200s trapped in Ukraine following the… Read More »
EU and U.S. sanctions aim to cripple Russian carriers
Having initially targeted Russia’s leasing sector, Western-backed sanctions have now taken aim at the country’s airline and aerospace sectors as… Read More »