US Airways is cutting more of its flight schedules by dropping 100 daily mainline flights from January and handing over its operations at four airports to its regional partners, axeing an entire bank of flights at its Charlotte hub. The airline has already dropped 200 mainline flights, giving it an average of 1,350 daily frequencies.
Source: Airline Business
Lufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission clearance for the transaction.
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
WestJet’s operations over the long Canada Day weekend have been massively disrupted by striking mechanics, forcing the airline to cancel hundreds of flights and disrupt the air travel plans of thousands of passengers.
