Dragonair of Hong Kong is to postpone its planned public listing on the local exchange until the end of 1997, reportedly to give the airline more time to improve its profit growth. It had originally been intended to float part of Dragonair's stock early in 1997 as part of the agreement giving the Chinese majority control of the airline.
Source: Flight International
Sun Country Airlines has curtailed growth plans for the second half of 2024, becoming the latest US discount carrier to do so in response to sagging fares what executives describe as an over supply of seats.
Aer Lingus hopes to reignite plans to introduce the Airbus A321XLR into its fleet following the signing of a new labour agreement with its pilots in July.
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