AirAsia working on new super app to rival Grab, Gojek
AirAsia’s founder Tony Fernandes said the carrier is looking for new ways to generate income...
Tag : airlines
Thai Airways reports losses of around $900 mn during H12020
The carrier posted losses of around $170 mn in the second quarter...
Kenya Airways plans to layoff 590 jobs in second phase
Last month, it eliminated 700 staff members as part of the first phase of the exercise...
Air Traffic will not return to pre-Covid-19 level before 2024: IATA
Recovery in short-haul travel is still expected to happen faster than for long-haul travel...
UK’s EasyJet raises $520 mn through a share sale
The stock offering equal to almost 15% of its existing share base...
Cathay Airways set to receive $5 billion lifeline to avoid collapse
The struggling airline will sell HK$19.5 billion of preference shares along with HK$1.95 billion of warrants to the government...
Delta, LATAM seek approval to operate codeshare routes
The airlines have applied to the Department of Transportation (DOT) for an approval...
Global air passenger traffic drops by 94.3% in April: IATA
According to IATA, it has not witnessed such decline in the history of IATA’s traffic series...
Airline debt to increase by 28% this year to $550 bn: IATA
The figure represents an increase of $120 bn in total debt, of which $67 bn comes from government loans...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...