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SAS Signs MOU With Airbus For Twelve Aircraft
Scandinavian airline SAS said on Tuesday it had signed a USD$3.3 billion preliminary deal with Airbus for the delivery of 12 new passenger jets and would upgrade some of its existing aircraft in a comprehensive overhaul ...
ANA To Buy AirAsia Out Of Japanese Budget JV
ANA will buy AirAsia out of a Japanese budget airline joint venture for JPY¥2.45 billion (USD$25.11 million), the Malaysian low-cost carrier said, dissolving a loss-making alliance after less than two years. The venture...
Delta, Virgin Atlantic To Cross Sell Tickets
Delta Air Lines said on Monday that it has completed its purchase of a 49 percent stake in British airline Virgin Atlantic and added the two carriers plan to start cross-selling seats on each other’s flights in Jul...
Lufthansa’s Low-Cost Strategy ‘Going Well’
Lufthansa said that the project to merge some of its European and German domestic routes under a new low-cost brand has started successfully, as the airline grapples with losses on its European short-haul flights. “...
EU Clears Delta To Purchase Stake In Virgin Atlantic
The European Fee has cleared Delta Air Strains to purchase a forty nine % stake in Virgin Atlantic, the European Union’s competitors watchdog mentioned on Thursday. The Fee stated it used to be no longer involved i...
Second United 787 Diverted With Oil-Related Problem
United Airlines on Thursday said one of its Boeing 787 Dreamliners was diverted from its trans-Atlantic flight plan because of a low oil indication, making it the second 787 flight in three days to be cut short due to an...