CSA Czech Airlines has received the green light from its supervisory board to buy Travel Servis, which could lead to the state-owned airline entering the low-cost market. Travel Servis has 70% of the Czech charter market and flies seven Boeing 737s to 90 destinations in 33 countries.
Source: Flight International
Japan’s two largest carriers reported a drop in profit for the April-June quarter, despite seeing an increase in revenues.
The US Department of Justice (DOJ) is taking another 10 days to review Alaska Air Group’s proposed acquisition of Hawaiian Holdings, with the airlines now agreeing not to close their planned deal before the period ends on 15 August.
Air New Zealand has axed its interim climate targets, stating that measures needed to meet the target were unaffordable and not readily available.
