Ultra-low-cost carrier Avelo Airlines made its debut on Thursday, establishing its first base at Hollywood Burbank Airport just outside Los Angeles. With fares as low as $19, Avelo plans to offer flights between secondary airports along the West Coast of the United States. With air travel dropping drastically since the...
Italia Trasporto Aereo, the new state-owned Italian airline that is commenced operations on Friday, is expecting to benefit from a major investment by another airline within the next year, Chairman Alfredo Altavilla revealed. This airline is the successor to Alitalia, which was shut down on the same day that...
With the future of the largest U.S. aerospace manufacturer and exporter on the line, Boeing CEO Dave Calhoun now faces the challenge of rebuilding his company's sales in its core airliner business. Boeing is still suffering the detrimental impact of the coronavirus pandemic on air travel, as well as...
American Airlines stated last week that it has cancelled over 1,400 flights over the weekend. This move comes as the airline struggles with a shortage of staff and unfavorable weather: "With additional weather throughout the system, our staffing begins to run tight as crew members end up out of...
Airbus Chief Executive Officer Guillaume Faury stated during an interview on Sunday that he expects business air travel to return to its pre-pandemic levels shortly. Despite mass vaccine rollouts worldwide, concerns around business-motivated air travel remain, particularly with in-person business meetings being replaced by video conferences. According to Faury, customers...
With unfavorable flight weather and staff shortages persisting, American Airlines announced that it canceled 262 additional flights for the day. This comes after the airline canceled close to 2,000 flights over Friday and the weekend. The lack of improvement in the situation comes as a surprise to American Airlines, especially...
With the demand for travel experiencing a drastic rise in recent times, Delta Air Lines confirmed recently that it expects to remain profitable for the remainder of the fiscal year. Furthermore, the Atlanta, Georgia-based airline revealed that it has exceeded estimates in its latest quarterly earnings. "The days of...
Pete Chareonwongsak, CEO of AirAsia logistics division Teleport, revealed on Wednesday that the Malaysian airline is in talks with Airbus SE over its interest in developing a new version of the A321neo passenger plane. While no development plans have been announced as of yet, AirAsia would be interested in...
Boeing Co. recorded its first quarterly profit in nearly two years, the company revealed on Wednesday. This follows a prolonged period of financial difficulty for the aerospace company, during which time the coronavirus pandemic triggered one of the worst financial crises that the company has experienced since its founding...
Documents released on Friday show that Boeing Co has agreed to pay $237.5 million to shareholders in order to settle a lawsuit regarding the company's safety oversight of the 737 MAX aircraft. After the board of directors failed to identify a safety oversight before releasing this aircraft into the...