Ryanair has sold a 20% stake to Irish Air, an investment group headed by David Bondiman, US entrepreneur and Continental Airlines chairman. The low-cost Irish airline has been rumoured to be looking for outside investment to fund expansion.
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.
