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New gov’t, new Alitalia plan, involving Lufthansa - report
Assessing the possible solutions to keep Alitalia (AZ, Rome Fiumicino) afloat, Italy’s new government led by economist Mario Draghi is considering taking control of the bankrupt flag carrier as part of a plan that would include a capital raise from Lufthansa (LH, Frankfurt Int'l), the newspaper La Repubblica has reported. “Alitalia is moving towards a sale of its assets first to the state and then to Lufthansa,” the report claimed. Previous efforts to find partners for the administrator-led airline,...
1 week, 1 day agoRelated Articles - Airlines
United Airlines to pay $49.5mn to resolve mail fraud case
United Airlines (UA, Chicago O'Hare) has agreed to pay USD49.46 million to resolve criminal charges and civil claims relating to fraud on postal service contracts for the transportation of international mail, the United States Department of Justice (DOJ) outlined in a statement. United entered into…
10 hrs, 56 mins ago
Denmark’s New Fighter Decorated with Dannebrog at the Tail
Another significant step has been taken towards receiving Denmark’s future fighters. It happened in the USA, when the first Danish F-35 fighter was painted with...
12 hrs, 19 mins ago
Elbit Systems Awarded a $300 Million Contract to Supply Hermes 900 Unmanned Aircraft Systems to a Country in Asia
(“Elbit Systems” or “the Company”) announced today that it was awarded an approximately $300 million contract by a country in Asia to provide HermesTM 900 Unmanned...
12 hrs, 23 mins ago
U.S. budget airlines plot pandemic breakthrough
(Reuters) – The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing. As legacy airlines shrink to contain costs, budget...
12 hrs, 26 mins ago
Delta Air Lines Adds New Routes, More Destinations
MIAMI – Delta Air Lines (DL) is expanding its network with several additional routes and destinations to challenge its biggest competitors and chase after leisure customers. Delta Air Lines added two destinations to its route map this past weekend – Canyonlands Regional Airport in Moab,…
12 hrs, 44 mins ago
Uganda Airlines to Fly to London, Dubai
KAMPALA – Uganda Airlines (UR) has been granted approval to begin flights to London Heathrow Airport (LHR) and Dubai International Airport (DXB). It is anticipated that the nine-hour direct flight service to London will start at 5 times a week, on 28 March, using Airbus A330-800. The flight is…
13 hrs, 26 mins ago
Court orders Korean Air to pay fine for signal light error
Seoul Administrative Court has upheld a KRW300 million won (USD268,000) fine that South Korea’s Ministry of Land, Infrastructure, and Transport slapped on Korean Air (KE, Seoul Incheon) for damaging two signal lights at Japan’s Fukuoka Airport. While taxiing to take off from Fukuoka for…
13 hrs, 28 mins ago
Kunming, China issues seaplane service study RFP
14 hrs, 36 mins ago
Bizav Leaders Urge Lawmakers To Prepare for Post-pandemic
NBAA's Ed Bolen and GAMA's Pete Bunce highlighted the difficulties facing industry, but told Congress that industry needs to prepare for post-pandemic.March 2, 2021, 12:49 PMWhile 2020 was an “epically challenging year” for the industry as a result of Covid-19, NBAA president and CEO Ed Bolen stressed…
15 hrs, 26 mins ago
Surinam Airways seeks to return troubled B777
15 hrs, 45 mins ago
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