Continental Airlines plans to buy a 49% stake in COPA and begin code-sharing with the Panamanian carrier. The deal will require the exclusion of COPA, part of the TACA Group, from the pending American Airlines/ TACA alliance, which would bar group airlines from entering marketing agreements with other carriers. The US carrier is also buying a 19% stake in Aerolineas Centrales de Colombia, with whom it already has a marketing alliance.
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.
Air Europa’s improved performance since 2021 made it harder to identify sufficient remedies during IAG’s second failed attempt to acquire the Spanish carrier, according to the European Commission.
