Reading Time: < 1 minute Thomas Cook, a British tour operator, has filed for insolvency. After the Company’s stakeholders and proposed new money providers did not succeed in reaching mutual agreement, the company “had no choice but to take steps to enter into compulsory liquidation with immediate effect”. This failure is considered to be the biggest ever of the UK […]
Reading Time: 2 minutes The new, third runway of Moscow’s Sheremetyevo Airport (SVO) welcomed its first regular flight on September 19, making SVO the first major airport in Russia to be equipped with three landing and take-off strips. Runway-3 is located north of the airport’s so-called new Northern Terminal complex (comprising of Terminal B and C1, which is currently […]
Reading Time: < 1 minute XL Airways, a French airline specializing in long-haul flights, has suspended tickets’ sale reporting financial problems. Yet another European airline on the verge of collapsed. XL Airways operates a fleet of four Airbus A330 widebodies. For some time already the airline has been in search for potential buyers, although unsuccessfully. “Due to its financial difficulties, […]
Reading Time: 2 minutes Virgin Atlantic (Virgin) announced Wednesday, September 18, that it wants to add 80 new routes and 84 destinations to its current network once the third London Heathrow runway is completed, a major increase to its current 19 destinations. While the runway is not scheduled for completion until 2026, for Virgin to acquire the necessary additional […]
Reading Time: < 1 minute Regional air carrier NordStar Airlines has become Russia’s latest member of the International Air Transport Association (IATA) global airlines’ grouping. Membership of the worldwide association, which consists of some 300 airlines, will encourage NordStar to adopt the best international practices, introduce the latest technologies and passenger services, benefit from new and established IATA products and […]
Reading Time: < 1 minute Travelers flying with SAS can now voluntarily choose to buy biofuel and so help reduce climate-affecting CO2 emissions by up to 80 percent. The new non-profit service aims to pioneer a large-scale and competitive market for biofuel within aviation, in line with SAS’ sustainability strategy. SAS is now launching a new ancillary product that gives […]
Reading Time: 3 minutes Most European passengers associate Wizz Air with low fares and popular destinations. And for a reason. Wizz Air revealed targeting an ambitious growth plan, dubbed W300. Wizz Air is one of the biggest and, at the same time, one of the fastest growing low-cost carriers in Europe. The airline was established in 2004 and through its […]
Reading Time: < 1 minute Cathay Pacific, the flag carrier of Hong Kong, has announced that it is cutting a number of flights due to extremely difficult month of August. The airline together with its Cathay Dragon unit carried 2.9 million passengers in August, which is down 11% from a year earlier. Overall traffic to Hong Kong in August was […]
Reading Time: 2 minutes Embraer has delivered its first E195-E2 to the launch operator, Azul Linhas Aéreas Brasileiras S.A via the aircraft leasing company AerCap. The plane configured in a single class layout with 136 seats will be operated on domestic and international routes. Azul has placed an order for 51 aircraft of this type and five more E195-E2s […]
Reading Time: < 1 minute Fiji Airways is one step closer to receiving its first Airbus A350-900 aircraft which has already left the paint shop wearing the airline’s livery. The plane will be handed to Fiji Airways by the aircraft leasing company Dubai Aerospace Enterprises. The brand new A350 is due to join airline’s fleet in Q4 of 2019, after […]