The US airline industry continues to gear up for recovery, as passenger thoroughfare through US airports hits a year-on-year high. According to figures from the US Transportation Security Administration, over 2.5 million people passed through airport checkpoints over the weekend. The TSA reported that 1.4 million people passed through on Friday alone, making it the
An emerging carrier in Norway is set to cash in on Norwegian Air’s exit from its famed long-haul budget transatlantic routes. The new airline, Norse Atlantic Airways, has been launched by Scandinavian aviation industry veterans, with founder and former CEO of Norwegian Air Bjorn Kjos holding a 15 per cent stake in the new carrier,
UK flag carrier British Airways remains committed to the return of its four-engined Airbus A380s, and has touted the potential use of its wide-bodied fleet on short-haul intra-European routes as travel demand increases. Unlike many airlines that have made the decision to cut the A380 from their fleet at an accelerated pace due to the
Air Canada has announced its long-term commitment to advancing climate change sustainability, and its goal of achieving net-zero greenhouse gas emissions (GHG) throughout its global operations by 2050. To reach this, Air Canada has set absolute midterm GHG net reduction targets by 2030 in its air and ground operations compared with its 2019 baseline, and has
British billionaire Sir Richard Branson is set to inject over £100 million (US$139 million) into his struggling airline Virgin Atlantic, under a £160 million rescue plan to see the airline through the rest of the pandemic. The UK-based airline announced the £160 million rescue deal, which consists of a £100 million cash injection from Branson-owned
Boeing has now confirmed a previously touted new order for 24 737 MAX jets from private investment firm 777 Partners. The order includes an option to purchase an additional 60 MAX aircraft from the troubled US planemaker in the future. 777 Partners, which has a stake in Canadian ultra-low-cost carrier Flair Airlines, will lease 13
