The synergies offered by the new structure for the Austrian Airlines Group will amount to c72.6 million ($63.7 million) per year, with two-thirds coming from cost savings and one-third from increases in earnings. The reorganisation of the group keeps the brands of Austrian Airlines, Lauda Air and Tyrolean Airways, but integrates most management functions centrally, with only flight operations and technical support remaining with the individual airlines.
Source: Airline Business
US airlines are working to get their operations back into gear after a global computer outage forced some carriers to halt all departures overnight.
Finnair saw post-Covid pent-up demand largely dissipate during the second quarter of this year, hurting its profitability as unit revenues declined.
Seeking a greater slice of the lucrative premium market, Alaska Airlines plans to add more than 1,000 first and premium-economy seats across about 220 aircraft in its fleet.
