Southwest Airlines Raises Q3 Forecast and Announces Strategic Updates
Southwest Airlines has raised its revenue forecast for the third quarter and announced significant changes to its business model in… Read More »
Key Hospitality Industry Developments in September 2024
September was a significant month for the hospitality industry, marked by headlines that highlighted both challenges and opportunities. As hotel… Read More »
Etihad Airways Unveils $7B Revamp and IPO Plans
Etihad Airways is set to transform into “a totally different airline” over the next two to three years, according to… Read More »
Boeing and IAM Begin Mediated Negotiations Amid Strike
Boeing and the International Association of Machinists and Aerospace Workers (IAM) have announced the commencement of mediated negotiations to resolve… Read More »
Southwest Airlines Unveils Transformation Plan Amid Criticism
Southwest Airlines introduced a comprehensive transformation plan at its Investors Day on September 26, 2024, aiming to revitalize its operations… Read More »
AI Datacenters Emit 600% More Than Reported, Environmental Concerns Grow
Tech giants including Microsoft, Google, Meta, and Apple have significantly underreported the environmental impact of their AI datacenters, according to… Read More »
Embraer Teams Up with MROs for E-Jet Support
Embraer has announced strategic agreements with two Maintenance, Repair, and Overhaul (MRO) providers in the Asia-Pacific region, aiming to enhance… Read More »
Breeze Airways Sees Growth and Expands Routes
Breeze Airways, the U.S. carrier that celebrated its third anniversary in May 2024, has experienced remarkable revenue growth in 2024,… Read More »
SpiceJet Settles $16.7M Aircraft Lease Dispute with ELFC
SpiceJet (SG, Delhi International) has successfully settled its USD 16.7 million lease dispute with Engine Lease Finance Corporation (ELFC), as… Read More »
Wizz Air Targets Saudi Arabia, No JV Planned
Wizz Air Holdings is shifting its strategy regarding operations in Saudi Arabia, opting to develop the region as an “inbound… Read More »
Ryanair Expands Swedish Operations After Tax Removal
In a significant move following the Swedish Government’s decision to abolish the aviation tax, Ryanair has announced plans to expand… Read More »
Boeing Extends Voting Deadline for Machinists Union Contract Offer
Boeing has extended the voting deadline for its latest “best and final contract offer” after the proposal was overwhelmingly rejected… Read More »
Turkish Airlines Denies Interest in Acquiring Stake in PIA
Turkish Airlines has firmly refuted claims made by Pakistan’s Minister of State for Finance, Ali Pervaiz Malik, regarding its interest… Read More »
SpiceJet Aims for 70 Aircraft by 2026 Amid Financial Restructuring Plans
India’s Low-cost carrier SpiceJet is planning a major expansion, with a goal to add 75 new aircraft to its fleet… Read More »
IAM and Textron Aviation Strike Talks Could Resume
The International Association of Machinists and Aerospace Workers (IAM) represents striking workers at Textron Aviation in Wichita, Kansas, and has… Read More »
SAS and Delta Strengthen Connectivity with New Codeshare Partnership
SAS, the flag carrier for Denmark, Norway, and Sweden, officially joined the SkyTeam alliance and has since signed a significant… Read More »
EU Airlines Face €2 Billion in Summer Compensation Claims
Between June and August 2024, over 60,000 flights departing from EU airports experienced disruptions qualifying for compensation under the EU261… Read More »
IAG Invests in SeatBoost Software to Enhance Flight Upgrade Bidding
International Airlines Group (IAG), the parent company of British Airways, is investing in the U.S. startup SeatBoost, which allows passengers… Read More »
Emerald Airlines Targets Profit in 2024 Amid Dublin Capacity Issues
Emerald Airlines, the operator of the Aer Lingus Regional franchise, is optimistic about achieving its first profitable year in 2024… Read More »
Striking Machinists Union Rejects Boeing’s Final Contract Offer
As the strike by Boeing machinists enters its 11th day, the company has presented what it describes as a “best… Read More »
SpiceJet Settles $16.7 Million Dispute with ELFC
SpiceJet, the Indian low-cost carrier, has reached a settlement with Engine Lease Finance Corporation (ELFC) to resolve a $16.7 million… Read More »
UK’s RAF Museum Teams Up with Virgin Atlantic
The Royal Air Force Museum (RAF Museum) in London, England, has announced a new commercial partnership with Virgin Atlantic, naming… Read More »
Elliott Management Calls Special Meeting with Southwest Airlines Leadership
Elliott Management announced plans to convene a special meeting at Southwest Airlines as early as next week, signaling a push… Read More »
OYO Acquires Motel 6 and Studio 6 Brands for $525 Million
Indian-based travel company OYO has announced its acquisition of economy budget brand Motel 6, along with its extended-stay chain Studio… Read More »
Supreme Court Rejects SpiceJet’s Appeal in Engine Dispute
The Supreme Court of India has upheld a decision by the Delhi High Court, rejecting SpiceJet’s attempt to overturn orders… Read More »
Southwest Airlines Faces ‘Difficult Decisions’ Amid Profitability Push
Southwest Airlines has warned its employees of “difficult decisions” ahead as the company strives to boost profits under pressure from… Read More »