Founder of Korea’s Eastar Jet jailed for six years
Eastar Jet (ESR, Seoul Gimpo) founder and politician Lee Sang-jik was sentenced to six years in prison on January 12… Read More »
Saudia to request reciprocal cargo rights for US carriers
Saudia (SV, Jeddah) is to request the Saudi government grant reciprocal seventh-freedom rights to US all-cargo carriers in exchange for… Read More »
Boeing 737 Max to resume China sales, prompting a strong bump in stock price
Boeing announced plans to resume sales of the 737 Max to China, prompting a strong bump in stock price in… Read More »
EU says there are no issue with airport slot rule and no sign of ghost flights
Europe’s use it or lose it airport slot rule has not created issues for airlines during the COVID-19 pandemic nor… Read More »
Singapore Airlines raises $600 million in U.S. dollar bond deal
Singapore Airlines Ltd (SIAL.SI) said on Thursday it had raised $600 million in a U.S. dollar bond deal to help… Read More »
Wizz Air urges EU to keep ‘use it or lose it’ airport slot rule
Europe’s airport slot rules should not be changed to protect legacy airlines, the head of European low cost carrier Wizz… Read More »
Many people are flying private jet services for the first time
Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have… Read More »
IATA reports global passenger traffic improved in November 2021 but Omicron likely to affect period ahead
The International Air Transport Association (IATA) announced that the recovery in air travel continued in November 2021, prior to the… Read More »