Airline giant International Airlines Group (IAG) has agreed to purchase Spain’s Air Europa for just €500 million (US$607 million), at a discount of 50 per cent. Negotiation began for IAG subsidiary Iberia to purchase Air Europa on behalf of IAG in November 2019, just three months before the COVID-19 crisis brought international travel to a
In this cross-posting with The Conversation, tourism professors Joseph Cheer, Colin Michael Hall and Jarkko Saarinen discuss what the likely reality of a return to international travel will look like, in the aftermath of COVID. The COVID-19 pandemic brought the global tourism industry to a screeching halt in 2020. With vaccines starting to be rolled out,
US-based aircraft lessor BBAM has come to an agreement with Boeing to purchase six new 737-800 Boeing Converted Freighters (BCFs), in a deal that includes options for six more aircraft. The agreement brings BBAM’s 737-800BCF orders and commitments to 15, and is made in light of continued strength in the e-commerce and express cargo market,
The United Arab Emirates has reportedly signed a deal with the US to purchase 50 F-35 fighter jets, as well as up to 18 armed drones. The deal is said to have been signed just one hour before President Joe Biden was sworn into office, according to sources close to the matter. President Biden has
Air crash investigators in Indonesia are still yet to find the cockpit voice recorder (CVR) of the crashed Sriwijaya Air plane days after finding the mechanism’s casing. The CVR is thought to be key in understanding the cause of the plane crash, and will pair with the information already recovered from the aircraft’s flight data
The European Union Aviation Safety Agency (EASA) is set to give Boeing’s embattled 737 MAX the official green light to resume operations in Europe as soon as next week. The EASA is among the last of the major regulators to return the jet’s regulatory approval to fly, and comes just one day after its Canadian
