Air France-KLM, CMA CGM to End Cargo Deal, Start Talks on New Terms

[ad_1] Air France-KLM and shipping company CMA CGM plan to withdraw from a cargo-cooperation agreement, citing a tight regulatory environment in key markets, and are in talks for new terms.…

Scandinavian Airline SAS Gets Rescue Deal From Castlelake-Led Investor Group

[ad_1] SAS is set to be taken over by an investor group led by Castlelake, which plans to pump over $1 billion into the struggling airline, averting the threat of…

Airlines Are Posting Big Profits After Raising Fares, Cutting Costs

[ad_1] Business Recovery takes hold as travelers take advantage of reopened borders [ad_2] Source link

The World’s Biggest Planes Are Finding Their Way Back Into the Skies

[ad_1] Many of the world’s biggest passenger airliners had been earmarked for the scrapyard. Now they are being brought back into service as carriers rush to restore long-haul air travel.…

Lufthansa Bids to Buy Stake in Alitalia’s Successor, Betting on Air Travel Recovery

[ad_1] The German airline said a deal for ITA Airways would boost its exposure to the Italian market. [ad_2] Source link

Southwest Meltdown Shows Airlines Need Tighter Software Integration

[ad_1] The Southwest Airlines Co. meltdown that stranded thousands of passengers during one of the busiest travel weeks of the year exposed a major industry shortcoming: crew-scheduling technology that was…