Gol and Avianca owner Abra to invest in Spanish charter carrier Wamos Air
Abra intends to invest in Wamos Air under a deal both companies say will enable expension, though details remain unavailable
Court annuls Condor restructuring aid decision over failure to initiate formal investigation
Approval of state aid to German carrier Condor has been overturned by the European General Court because it was granted without a formal investigation procedure.
IAG enjoys Madrid’s status as ‘new Miami’ as it starts 2024 on front foot
While its two largest competitors were knocked on to the back foot in financial terms during the first quarter of this year, IAG enjoyed a much more straightforward three months.
IAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
Greek carrier Aegean implementing Saudia codeshare pact
Greek carrier Aegean is entering a partnership with Saudi Arabian flag-carrier Saudia, which will include codeshare services.
Spirit AeroSystems chief believes Airbus partnership will remain intact
Spirit AeroSystems chief executive Patrick Shanahan believes the company will remain a partner to Airbus even as Boeing negotiates a potential acquisition of the aerostructures firm.
Virgin 787 transatlantic SAF flight demonstrated emission and fuel-burn benefits: carrier
Preliminary figures from Virgin Atlantic’s transatlantic Boeing 787-9 flight using 100% wholly-sustainable fuel indicate that it cut carbon and particulate emissions by 64% and 40% respectively, based on a lifecycle analysis.
Airbus completes acquisition of UAS maker Aerovel
Airbus has finalised its acquisition of unmanned air systems (UAS) manufacturer Aerovel, boosting its exposure to the tactical UAS market.
Poland’s LOT taking three new Embraer jets this summer: chief
Polish flag-carrier LOT’s chief executive, Michal Fijol, has disclosed that the carrier has signed for three Embraer E2 jets which will arrive this summer.
Wizz puts its faith in SAF amid scarcity, mandates and increased momentum
While much of the attention of Wizz Air’s eye-catching investment in a UK firm with ambitions to turn human waste into a biofuel was on the unlikely source of the feedstock, more significant perhaps is the low-cost carrier’s increased interest in sustainable aviation fuel (SAF).