Lufthansa Group Mulls Stake in airBaltic Amid IPO Plans
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Lufthansa Group is reportedly considering acquiring a stake in airBaltic as part of the Latvian airline’s upcoming privatization process, according… Read More »
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Afar has partnered with CreditCards.com, which may result in commissions from card issuers. This site does not encompass all financial… Read More »
US DoT Approves Alaska Airlines and Hawaiian Airlines Merger
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The U.S. Department of Transportation (DOT) has granted Alaska Airlines and Hawaiian Airlines the green light to proceed with their… Read More »
Air India Express to Remove Business Class from Boeing 737s
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Air India Express, the low-cost subsidiary of Air India, is set to phase out its small business class cabin on… Read More »
Air Canada and Pilots Union Reach Tentative 4-Year Contract
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Air Canada, the national airline of Canada, has announced a tentative agreement with the Air Line Pilots Association (ALPA), representing… Read More »
United Airlines to Offer Free Wi-Fi with SpaceX’s Starlink
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United Airlines has announced a groundbreaking partnership with SpaceX to provide free inflight Wi-Fi using Starlink’s satellite technology, marking the… Read More »
LATAM Launches Boeing 787 Cabin Upgrades
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LATAM Airlines has initiated a significant cabin refurbishment program for 24 of its Boeing 787 Dreamliners, aiming to enhance the… Read More »
U.S. DoT Approves Delta-SAS Scandinavian Codeshare Despite JetBlue Objections
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The U.S. Transportation Department (DOT) has approved a new codeshare agreement between Delta Air Lines and Scandinavian Airlines (SAS), marking… Read More »
Etihad Airways Delays IPO to 2025 to Showcase 2024 Results
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Etihad Airways, owned by the Abu Dhabi sovereign wealth fund ADQ, has postponed its planned stock market debut to 2025,… Read More »
Riyadh Air to Begin Test Flights as It Prepares for Launch
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Saudi Arabia’s new national carrier, Riyadh Air, is set to operate its first non-commercial flight on September 12, 2024. The… Read More »
Airlines Increase Q3 Revenue Forecasts Amid Rising Fares
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Airlines are projecting higher unit revenues for the third quarter, signaling a trend of increasing flight costs after a period… Read More »
Qantas Expands Perth Operations for Global Growth
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Qantas is set to enhance its operations at Perth International Airport (PER) in Western Australia, aiming to develop the facility… Read More »
JetBlue Boosts Q3 Revenue Outlook Amid Industry Disruptions
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JetBlue Airways has revised its third-quarter revenue guidance upwards, citing disruptions at other US carriers, notably Delta Air Lines, which… Read More »
Lufthansa Ordered to Compensate Student for Visa Information Oversight
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In a significant ruling, a consumer court in India has directed Lufthansa to compensate Maharshi Yadav, a student who was… Read More »
Southwest Airlines to Overhaul Board After Talks with Elliott Investment
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In a significant shift, Southwest Airlines is set to undergo a board overhaul following a pivotal meeting with activist investor… Read More »
Cathay Pacific Unit Seeks $2.5 Billion Debt Listing
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Cathay Pacific MTN Financing (HK) Limited (CPMFHK), a fully-owned subsidiary of Cathay Pacific, has applied to the Hong Kong Stock… Read More »
Air Canada Pilot Negotiations Falter as Wage Increase Offer is Rejected
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Air Canada has hit a stalemate in its wage negotiations with its pilots after the airline’s offer of a 30%… Read More »
Southwest Airlines Chairman Gary Kelly to Retire Amid Investor Pressure
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Southwest Airlines announced on Tuesday that Gary Kelly, its executive chairman and former CEO, will retire in 2025. This decision… Read More »
Blackrock Scales Back Stake in Brazilian Airline Azul
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Blackrock Investment Management has scaled back its investment in Azul Linhas Aéreas Brasileiras, decreasing its stake in the Brazilian airline… Read More »
DoT Investigates Major U.S. Airlines’ Frequent Flyer Programs
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The US Department of Transportation (DOT) has initiated an investigation into the frequent flyer programs of American Airlines, Delta Air… Read More »
Air Belgium on Brink of Bankruptcy Amid Investment Failures
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Air Belgium, which suspended its passenger flights in 2023, is on the brink of bankruptcy, facing a critical two-week deadline… Read More »
U.S. Airlines Slow Hiring Amid Industry Challenges
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U.S. airlines, having ramped up hiring after the pandemic, are now easing their recruitment efforts due to various operational and… Read More »