Austrian Airlines plans to issue 68 million new shares in a move to increase its capital by €350 million ($446 million). The carrier is not disclosing how it will use the funds but it has unveiled a new long-haul plan that includes launching service to Chicago and increasing frequencies to several existing destinations but dropping Melbourne and Sydney.
Source: Airline Business
Delta Air Lines is expecting a return to normal operations following a multi-day struggle related to the global IT outage caused by CrowdStrike.
The US Department of Transportation is investigating whether Delta Air Lines has complied with passenger-protection laws amid a technology meltdown that has forced the carrier to cancel thousands of flights.
Malaysian airlines have confirmed plans for jet operations from Kuala Lumpur’s Subang international airport, with domestic operations to commence in August.
