If you didn't find what you were looking for, try a new search!
The European Commission (EC) has officially sanctioned the merger between Korean Air and Asiana Airlines, marking a significant milestone towards the consolidation of the two South Korean aviation giants. Announced on February 13, 2024, this approval is contingent upon the fulfillment of specific conditions aimed at preserving competition in the air transport sector. This makes [...]
A Carnival Cruise Line ship, the Carnival Magic, encountered windy weather conditions in Jamaica, leading to a collision with a pier in Ocho Rios earlier this week. The incident, which occurred at 11 a.m. on Tuesday, forced the ship to temporarily depart from the pier, leaving guests stranded ashore until it could dock at a [...]
Ryanair, the renowned Dublin-based airline, has expressed its intention to significantly expand its operations in Spain, potentially opening five new bases and increasing passenger traffic from the current projection of 55 million to 77 million annually. However, this ambitious expansion is contingent upon Spain offering competitive airport charges, as stated by Ryanair's CEO, Eddie Wilson, [...]
Israir (6H, Tel Aviv Ben Gurion) has entered into preliminary merger talks with Arkia Israeli Airlines (IZ, Tel Aviv Ben Gurion), according to an announcement made to the Tel Aviv Stock Exchange (TASE). The move comes as both airlines face challenges stemming from geopolitical events in Israel, leading to decreased demand for air travel in [...]
In a significant development, the European Commission has re-authorised the 2020 COVID-era state aid of EUR 833 million (USD 911 million) for SAS Scandinavian Airlines, injected by Sweden and Denmark. While the overall aid amount remains unaffected, the Commission has imposed new terms, including a step-up provision aimed at encouraging the governments to exit the [...]
Thai Airways, trading as THAI, has begun the process of selling six of its Airbus A380s in an “as-is, where-is” condition. The airline sent out an invitation to interested parties on August 23, 2023, offering them the opportunity to bid on six Airbus A380 aircraft, registered as HS-TUA, HS-TUB, HS-TUC, HS-TUD, HS-TUE, and HS-TUF. All [...]
The United States (US) Federal Aviation Administration (FAA) will publish an Airworthiness Directive (AD) to prevent potential failures of the Boeing 737 MAX engine’s inlet when running engine anti-ice (EAI) systems in dry air. According to the FAA, the AD was prompted by a report from June 2023 that said that using the EAI system [...]
As this summer’s sweltering temperatures persist in surpassing 100°F across much of the nation—with southern U.S. cities like Dallas and Phoenix breaking new records daily—and the post-pandemic travel boom shows no signs of slowing, airport service workers are suffering the effects of extreme heat like never before. Linda Ressler, 57, works cleaning airplane cabins at [...]
Cargojet reported softer market conditions in the first quarter of the year as international flying was subdued and has taken steps to reduce short-term costs. The Canada-based freighter operator reported a 0.7% decrease in first-quarter revenues to C$231.9m, while earnings before interest reached C$34.6m compared with a C$44.5m loss last year and net earnings stood [...]
Korean Air, announcing its annual accounts, indicated that it expects demand will continue to recover even if customers are experiencing economic headwinds. The South Korean carrier finished 2022 with a net profit of KRW2.88 trillion ($2.3 billion), with revenues growing continuously throughout the year. At the end of 2022, Korean Air netted KRW13.4 trillion ($10.9 [...]
