Airlines

Scandinavian airline SAS has successfully exited U.S. Chapter 11 bankruptcy proceedings, signaling a fresh start for the airline. This move, hailed as “a new era” for SAS, follows the approval of the carrier’s restructuring plan by the European Commission. The plan involves Air France-KLM acquiring a 19.9% stake in SAS, and SAS joining the SkyTeam
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As the deadline of Sept. 17 approaches, Air Canada is facing the possibility of a strike by its pilots. The Air Line Pilots Association and Air Canada are currently in a three-week cooling off period as mandated by Canadian law, starting from Aug. 27 and ending on Sept. 17. The pilots’ strike-authorizing vote on Aug.
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Southwest Airlines has recently taken a proactive approach to understanding customer sentiment regarding the potential implementation of fees for checked bags. The airline, which currently does not charge for checked bags, conducted a survey to gauge how customers would feel about such a policy change. This survey included questions about various scenarios, such as offering
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Alaska Airlines has recently achieved a significant milestone in its goal to acquire Hawaiian Airlines, with antitrust regulators declining to challenge the merger as anticompetitive. The Department of Justice decided not to impose any conditions on the merger, providing a best-case scenario for the Alaska-Hawaiian merger. Despite this positive development, the deal is not finalized
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Delta Airlines recently announced new distribution agreements with the three major Global Distribution Systems (GDSs) that will benefit travel advisors by providing access to full content without any surcharges on legacy systems. This move aims to streamline the booking process and enhance the overall user experience for travel advisors and their clients. During the Delta
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The recent opening of the first phase of the new main terminal at Portland International Airport has brought about a significant transformation to the airport’s infrastructure. With a total cost of $2.15 billion, the terminal boasts a range of new features and amenities aimed at enhancing the passenger experience. The new terminal at Portland Airport
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Elliott Investment Management’s recent move to publicly identify 10 nominees to Southwest Airlines’ board of directors signifies a significant escalation in their demand for changes within the airline’s senior management. This move is a clear indication that Elliott is determined to press forward with the proxy battle it has been threatening. Southwest Airlines, on the
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