Florida’s Spirit Airlines cuts expenses by shifting finances
Spirit Airlines (NK, Fort Lauderdale Int’l) has announced that it entered into “a series of liability management transactions given the… Read More »
interCaribbean Airways set to make South American debut
interCaribbean Airways (JY, Providenciales) is set to make its mainland South American debut after the Guyanese government granted it fifth… Read More »
Australian regulator tentatively denies Qantas/JAL JBA
The Australian Competition and Consumer Commission (ACCC) has tentatively rejected a joint business agreement (JBA) between Qantas (QF, Sydney Kingsford… Read More »
Malawi Airlines to be recapitalised
Malawian President Lazarus Chakwera has opted for recapitalisation of technically insolvent national flag carrier, Malawi Airlines (3W, Lilongwe), rather than… Read More »
Alaska’s Northern Air Services orders four B767-300(ERBCF)s
Northern Aviation Services has placed an order with Boeing for four converted B767-300(ERBCF) freighters, which will be operated by the… Read More »
Mitsubishi SpaceJet manufacturer cuts capital by 99.6%
Mitsubishi Aircraft Corporation (MAJ, Nagoya Chubu), the subsidiary of Mitsubishi Heavy Industries that put its SpaceJet M90 (nee MRJ) project… Read More »
Malaysia Airlines retires A380s, to take 737 MAX in 2024
Malaysia Airlines (MH, Kuala Lumpur Int’l) will try and sell all six of its A380-800s as it sees no place… Read More »
Mexico’s Interjet seeks $1.25bn debt restructuring
Interjet (AIJ, Toluca) has hired a Mexico City-based restructuring firm, Argoss Partners, to help it tackle a $1.25 billion debt… Read More »
Lufthansa shareholders approve $6.6bn capital raise
Lufthansa Group secured the approval of its shareholders to raise up to EUR5.5 billion euros (USD6.6 billion) in additional liquidity… Read More »
South Africa’s Mango gets $57mn gov’t life-line
Stricken Mango Airlines (JE, Johannesburg O.R. Tambo) has been allocated a life-line of ZAR819 million rand (USD57 million) from state… Read More »
ABL Aviation secures JOLCO financing of two A350s for Luthansa
ABL Aviation, the global independent aircraft investment management firm, has closed another Japanese operating lease with call option (JOLCO) arranging… Read More »
Air Cargo Week awards Swissport with Air Cargo Handling Agent of the Year
Swissport has won the prestigious Air Cargo Handling Agent of the Year 2021 award issued by Air Cargo Week. The… Read More »
ST Engineering and EFW welcome GTLK Europe as new A321P2F customer
Against the backdrop of strong demand in the global air cargo market, ST Engineering and Airbus’ joint venture, Elbe Flugzeugwerke… Read More »
Virtuoso: Demand for travel advisors is rising
Virtuoso reports that the number of consumers seeking a travel advisor through its website has jumped 50% since January. The… Read More »
2 Carnival ships return to Galveston
Two Carnival cruise ships — the Carnival Breeze and the Carnival Vista — have returned to Galveston, the fourth most… Read More »
Choosing a specialty
Last week, we asked why you chose your specialties. The most common factors in deciding were a passion for the… Read More »
Digital ticketing is new opportunity for advisors
The major shift to digital ticketing by attractions and other venues is an opportunity for travel advisors to add another… Read More »
What to do if a PPP loan forgiveness request is rejected
Paycheck Protection Program loans helped many restaurants and other small businesses stay afloat after the pandemic hit last year, but… Read More »
Hawaii hotel occupancy swells as pandemic ebbs
It’s not Paradise yet for Hawaii’s hospitality industry, but a growing influx of tourists pushed the occupancy rate to 49%… Read More »
Penguin Passport sets 21C Museum Hotels guests apart
A new loyalty program by 21C Museum Hotels limits membership to 250 customers as the company seeks to build an… Read More »
Study: Travelers seek warmth, nearness, flexibility
Priceline’s latest take on travel trends includes an increase in close-to-home road trips as well as bleisure and workation trips…. Read More »
Addition at N.C. casino-resort to open late fall
An opening date has not yet been set, but a $330 million project at Harrah’s Cherokee Casino and Resort in… Read More »