Delta to acquire 20 percent stake in LATAM
Delta Air Lines has announced that it will acquire a 20 percent stake in LATAM Airlines Group, marking the start of a new airline partnership. This purchase is valued at US $1.9 … [read more]
Delta Air Lines has announced that it will acquire a 20 percent stake in LATAM Airlines Group, marking the start of a new airline partnership. This purchase is valued at US $1.9 … [read more]
Condor Flugdienst GmbH is to receive a rescue loan amounting €380 million (US $419 million) from the German federal government and the state government of Hesse. The loan is currently pending approval … [read more]
Slovenian flag-carrier Adria Airways has ‘temporarily’ suspended flight operations, the airline announced on late Monday evening. All flights for Tuesday and Wednesday have been cancelled, it is unclear what will happen to Adria … [read more]
Thomas Cook-owned Condor confirmed that its flights are continuing to operate normally despite its parent company entering liquidation and has applied for a transitional loan. Earlier on Monday morning, Condor’s social media team … [read more]
Thomas Cook Airlines UK and sister company Thomas Cook Airlines Scandinavia are ceasing flight operations with immediate effect. All aircraft are of the British leisure airline being impounded on arrival in the … [read more]
British travel company Thomas Cook Group plc has filed for insolvency in the night from Sunday to Monday. All booked trips, flights and holidays have been cancelled, the UK’s Department for Transport … [read more]
British travel company Thomas Cook Group plc has asked the government of the United Kingdom for a £200 million (US $249 million) rescue fund. The struggling company says it managed to secure … [read more]
Air Berlin’s liquidator says the airline was able to pay back a €150 million (US $165 million) loan it received from the German government in August 2017. The loan was intended to … [read more]
SAS Scandinavian Airlines has unveiled its brand new aircraft livery on Thursday. The new scheme was presented on a computer rendering of an Airbus A350, instead of a real aircraft – which … [read more]
French long-haul carrier XL Airways France has announced that it is suspending ticket sales due to financial difficulties. The airline says this decision takes immediate effect. It continues to state, that “some … [read more]
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