Articles tagged “airline weekly”

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Air Canada Pares Loss Thanks to Premium Economy, Cargo

The concurrent themes of premium leisure travelers and cargo converged at Air Canada and helped propel its results in the third quarter. The airline is betting on the return of international travelers, plus corporate flyers, to continue its recovery into 2022.
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Azul Reportedly Eyes Latam Takeover to Create South American Airlines Giant

In a deal that could prove a major upset in Latin American aviation, Azul has put together what amounts to a hostile takeover of South America's largest airline, Latam Airlines Group. The Brazilian carrier plans to submit its proposal to the U.S. bankruptcy court overseeing Latam's restructuring shortly.
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Ryanair Plans Big Expansion After Strong Summer Leisure Recovery

Unlike for its U.S. peers, Irish discounter Ryanair's summer was strong from start to finish, thanks to Europe's higher vaccination rates. The airline is planning an aggressive expansion in Europe to capitalize on almost-insatiable demand for leisure travel and while its larger competitors scale back their networks.
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Air France-KLM Budget Arm Transavia Is Leading the Airline Group’s Recovery

Leisure travel will lead airlines out of the pandemic, and the latest sign of that is the outsize performance of Air France-KLM's low-fare, leisure subsidiary, Transavia. The discount carrier's results bested even the group's cargo revenues, which carried it through the earlier part of the pandemic.
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Delta, United Spin NY Schedules in Light of JetBlue-American Alliance

Delta and United showed off their marketing prowess with their expanded New York schedules. But the added flights are simply examples of the airlines protecting their access to key New York airports, and defending against the new American-JetBlue alliance.
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Boeing Reports Another Loss as Aircraft Programs Struggle

With three of Boeing's marquee aircraft programs under pressure, the planemaker continued to struggle in the third quarter with further losses. But that didn't stop management from painting a rosy picture with 737 Max deliveries climbing and a robust outlook for jets.
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Avianca Restructuring Plan Backed by United Airlines, Most Creditors

After a day-long hearing, Avianca will have to wait a little longer to find out if a U.S. bankruptcy court judge will approve its restructuring plan. But with the vast majority of creditors, including partner United Airlines, backing the plan, approval is widely expected.
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Pandemic-Strengthened Volaris Plots Aggressive Fourth Quarter Growth

Contrary to most of the airline industry, Volaris has emerged from the Covid-19 pandemic strengthened with a growing fleet and expanding share of its home Mexican market. The airline is focused on keeping costs low to lure more former bus riders and expanding into Central America.
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Qantas Expansion Shows Power of Vaccinations in Travel Recovery

Australia is lowering the drawbridge, reopening for international travel now that vaccination rates in the country are high. And Qantas is taking full advantage, bringing back its largely idled international network weeks, and for some routes, months before it had anticipated.