Author: Press

Air-France-and-KLM-Paris
Air France-KLM Will Raise $2.4 Billion From Selling New Shares

Reading Time: < 1 minute Air France-KLM has launched a 2.26-billion-euro ($2.41 billion) share sale to repay some French state aid as it seeks shareholder backing to invest in resurgent air travel. Chief Executive Ben Smith said the widely anticipated move was part of efforts to “strengthen our financial autonomy” and regain strategic and operational flexibility. “As the recovery continues […]

Air France
Air France Partners With Delta For New York-Paris Shuttle Service

Reading Time: < 1 minute Air France and Delta will operate a new “shuttle” service between Paris Charles de Gaulle and New York JFK airports this summer. Using local times, these are the departures as shared by the airlines: Departures from Paris Charles-de-Gaulle at 8:30, 10:30, 11:30, 13:30, 14:30, 16:30, 18:30, 19:30. Departures from New York-JFK at 16:30, 17:30, 18:30, […]

KLM
KLM Cancels Flights Amid Staff Shortages

Reading Time: < 1 minute Due to staff shortages, KLM airline has recently canceled another twelve flights within Europe. These are in addition to the 42 previously canceled flights for Sunday. Like other airlines, such as EasyJet and subsidiary Transavia, KLM suffers a lot from staff shortages and many employees being ill. As a result, not only are fewer aircraft […]

Boeing-737-MAX
British Airways owner IAG to order 50 B737 MAX jets

Reading Time: < 1 minute British Airways owner IAG has agreed to order 50 B737 MAX aircraft delivered between 2023 and 2027. The order for 25 737-8-200 and 25 737 MAX 10 jets for short-haul operations at IAG-owned airlines is worth $6.25 billion. However, the company said it had negotiated a substantial discount, as is typical. “The addition of new […]

climate change
First Ever Net Zero Transatlantic Flight to Be Conducted in 2023

Reading Time: < 1 minute The UK has announced its ambition to deliver the world’s first net-zero emissions transatlantic flight in 2023. Transport Secretary Grant Shapps announced the challenge during his visit to the US and invited the international sector to work closely with the UK government to deliver a demonstrator flight powered by 100 percent sustainable aviation fuel (SAF). […]

AirBaltic
airBaltic Will Recruit 120 Additional Pilots

Reading Time: < 1 minute The Latvian airline airBaltic plans to recruit 120 additional pilots, including the graduates of the airBaltic Pilot Academy. Martins Gauss, CEO of the airline, said that the carrier is also renewing its employment with former employees. He explains that more pilots are needed to prepare for the expected volume of flights in the summer of […]

easyJet
EasyJet Offers Generous Bonuses to Recruit Crew

Reading Time: < 1 minute EasyJet will offer new and existing cabin crew a £1,000 bonus at the end of the summer holiday season since the staff shortage continues to grow. According to the airline, “EasyJet will pay its cabin crew a recognition payment at the end of the summer season to recognize their contribution to the operation this summer, […]

iag international airlines group amazonaws_com
IAG Expects Higher Profit This Spring

Reading Time: < 1 minute IAG has released its first-quarter financial results, highlighting the group’s confidence in achieving higher profit by this spring. IAG chief executive Luis Gallego says: ”The group’s operating loss reduced significantly in the first quarter compared to last year, with our losses reflecting normal seasonality, the impact of Omicron and costs associated with ramping up operations.” […]

Boeing
Boeing Plans to Increase B737 MAX Production to 31 Aircraft per Month

Reading Time: < 1 minute Last month, it released its first-quarter results, detailing several key figures and plans, including projections about the production of B737 MAX airplanes. The report stated: “Boeing has nearly completed the global safe return to service of the 737 MAX and the fleet has flown more than one million total flight hours since late 2020. The […]

Condor
Condor Launches Flights to Georgia

Reading Time: < 1 minute German-based Condor airlines will start regular flight operations to Tbilisi International Airport from May 1, the Georgian Civil Aviation Agency announced on Thursday. According to the Agency, the airline would perform Frankfurt-Tbilisi-Frankfurt flights twice a week, on Mondays and Fridays, up until October 28. It received permission to operate in Georgia on April 20 from […]