airlines
Portugal picks Lufthansa over Air France-KLM for TAP stake
The final decision came down to Lufthansa’s ‘financially stronger proposal’ government says.
AIRLINES
Finnair raises profit guidance on stronger travel demand
Oneworld carrier also attributes the improved forecast to having ‘successfully capitalised’ on opportunities in the market.
Strategy
Aegean Airlines names new chief executive as Gerogiannis steps down
The Greek carrier’s chief financial officer and deputy CEO, Michalis Kouveliotis, has assumed the top role with immediate effect.
Airlines
Kenya Airways secures $350m state loan to shore up finances
Government also agrees to restructure existing loans to SkyTeam carrier in addition to fresh loan.
airlines
Delta sees ‘limited resistance’ to fare hikes amid fuel spike
The US carrier expects gains to hold if fuel prices finally recede, citing gains in premium revenue.
AIRLINES
Etihad commercial chief De departs
Arik De leaves after five years at the carrier.
Airlines
American to install Starlink on entire fleet as airline wi-fi battle heats up
SpaceX founder Elon Musk has criticised Delta for choosing Amazon’s Leo over Starlink.
Airlines
Surf Air touts cost savings and fleet reductions
The regional start-up carrier says it has ‘right-sized’ its fleet, without disclosing details.
Airlines
Norse Atlantic capacity down a third in September as it prepares retreat from US market
Scandinavian budget carrier will redeploy winter capacity towards Thailand, where it sees ‘positive momentum’.
AIRLINES
SIA, Air India deepen commercial partnership amid strong travel demand
Announcement follows commercial cooperation framework agreement in January
Strategy
Air Baltic to slash hundreds of jobs under restructuring
Latvian carrier is preparing to cut up to 23% of its workforce across the Baltic region as part of restructuring efforts following its Chapter 11 bankruptcy filing.
Networks
Wizz Air pushes back Abu Dhabi return as EASA updates security advice
Recently-launched flights to Jordan will also be suspended due to the security situation in the Middle East.