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Keywords: Airlines
Scandinavian airline SAS has announced that its Chief Executive Officer, Anko van der Werff, will leave the company at the start of 2027 to take the helm of Air Canada, marking a significant leadership change for two major international carriers. The executive, who has led SAS since 2021, will remain......
The European Union's General Court has dismissed appeals filed by Ryanair against Italy's COVID-19 financial support programme for airlines, ruling that the emergency state aid scheme complied with European Union law. The decision confirms the legality of subsidies granted by the Italian government......
EasyJet shares jumped sharply in early trading on Monday after the British low-cost airline announced it had reached an agreement in principle to support a £5.5 billion takeover proposal from U.S.-based investment firm Castlelake. The positive market reaction reflected growing investor confidence......
Scandinavian Airlines (SAS) has announced the largest aircraft investment in its history, placing an order for up to 40 Airbus widebody jets in a deal with a list value exceeding $10 billion, marking a major milestone in the carrier's post-restructuring growth strategy. The order represents a significant......
Global airlines are expected to face a significant increase in carbon compliance costs over the next decade as demand for carbon credits continues to outpace supply. Industry estimates suggest that cumulative spending on carbon offsets could exceed $127 billion between 2024 and 2035, placing growing......
Malaysia has extended its agreement with deep-sea exploration company Ocean Infinity by one year to continue the underwater search for the missing Malaysia Airlines flight MH370, the country’s transport ministry confirmed on Monday. The Boeing 777 aircraft, operated by Malaysia Airlines, disappeared......
US airline stocks are entering a new phase of trading, with investor attention shifting away from geopolitical developments toward core financial performance and upcoming earnings results, according to recent market analysis. A report from UBS Global Research notes that the recent rally in airline equities......
Air travel across the Gulf region is gradually returning to normal as major airlines Emirates, Qatar Airways, and Etihad Airways resume more of their flight operations following a truce linked to tensions involving Iran. The gradual recovery comes after several months of disruption in Middle Eastern......
Ryanair is facing scrutiny from British regulators after the United Kingdom's Competition and Markets Authority (CMA) opened an investigation into charges related to family seating on flights. The inquiry focuses on whether parents are being required to pay additional fees to sit next to their children......