Category: AIRLINES & AIRPORTS

Air Asia
AirAsia Wants to Pay Off 0.5% Of Its $8 Billion Owed

Reading Time: < 1 minute AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of more than $8 billion of the total debt they are owed. The airline said it is the only way to avoid liquidation and that the subsequent restructuring will allow it to become profitable again. As Bloomberg reports, “To avoid a liquidation and […]

Volotea Airbus
Volotea Opens a New Base in Alghero, Sardinia

Reading Time: < 1 minute Spanish low-cost airline Volotea plans to open a new base in Alghero, northwest Sardinia, in addition to the carrier’s other two hubs at Cagliari and Olbia. The regional government of Sardinia has announced that Volotea has been awarded with the tender to operate six routes: Alghero – Rome Fiumicino, Alghero – Milan Linate, Cagliari – […]

United Airlines
United Will Give Each Employee A $1,000 Bonus

Reading Time: < 1 minute United Airlines will give each employee a $1,000 bonus for their hard work over the last 18 months. All active employees will be awarded the highest honor at United – United 100. Usually, 100 employees who stand out get this award each year. Scott Kirby, CEO at United, said that the bonus represents a “thank […]

Boeing 737 MAX 8
Norway’s Flyr Intends to Lease Six Boeing 737 MAXs

Reading Time: < 1 minute Norway’s Flyr has said it would lease six Boeing 737 MAX aircraft from Air Lease Corp, and deliveries are due to commence in early 2022. It also eyes an option to lease four more aircraft that would be delivered in 2023. The airline aims to decrease fuel expenses by using the plane and thus, also […]

Air France
Air France Might Replace its A320s with Stretched A220s

Reading Time: < 1 minute Air France and Airbus are discussing a stretched version of the A220 to replace the French airline’s fleet of A320s. Air France recently received its first A220-300 and now is mulling the idea of a further stretched variant to replace its A320 fleet. “We have told Airbus for a long time that we would be […]

Ryanair
Ryanair’s Post-Covid-19 Recovery Continues

Reading Time: < 1 minute Ryanair said it flew 10.6 million passengers in September, whereas it carried 5.2 million passengers the same month last year. In August this year, however, the carrier moved 11.1 million passengers. While not up to the airline’s summer standards, the month outperformed many pre-COVID-19 winter months. Ryanair’s overall results are far better than its rival […]

Icelandair Boeing 737 MAX
Icelandair Secures Financing for Three Boeing 737 MAX Aircraft

Reading Time: < 1 minute The agreement includes the sale and leaseback of two Boeing 737 MAX 8 and a finance lease of one Boeing 737 MAX 9. The aircraft are scheduled for delivery in December 2021 and January 2022. As previously announced, Icelandair had backstop financing for these three aircraft which will not be exercised. Following this transaction, Icelandair […]

Smartwings
Smartwings Adds a New Flight Destination to Heathrow in the UK

Reading Time: < 1 minute Air carrier Smartwings is adding a new destination – flights from the Czech capital Prague to Heathrow, the UK’s biggest airport. Initially, there will be four London-bound services a week and subsequently daily flights under the winter flight schedule. As of October 20, Smartwings will also resume direct flights from Prague to Dubai, UAE, with […]

LOT Polish Airlines has begun Operating Flights to Dubai

Reading Time: < 1 minute LOT Polish Airlines has started operating three weekly flights between Warsaw and Dubai ahead of the busy winter season. An inaugural flight from Warsaw’s Chopin Airport (WAW) landed at DXB Terminal 1 on Sunday, said Dubai Airports in a statement. The launch is timed to coincide with the start of the tourism season in Dubai, […]

Turkish Airlines
Finnair and Turkish Airlines Start Codeshare Partnership

Reading Time: < 1 minute Finnair and Turkish Airlines have recently announced a codeshare agreement that brings more choice to their passengers. Starting September 29, Turkish Airlines will add the Finnair AY code to the route between Helsinki and Istanbul, and from Istanbul to Athens, Sofia, Thessaloniki, Amman, Sharm El Sheikh, Hurghada, Luxor, Antalya and Gazipasa. Likewise, the Turkish Airlines […]