Financial

In a period of under two years, Comair has become the second South African carrier to cease operations after low-cost carrier Mango ceased operations in July 2021. Covering approximately 40% of South Africa’s domestic air travel, Comair, operating as a franchisee under the name British Airways, is the parent company of low-cost carrier Kulua.com., which

The Swedish government, a major stakeholder in Scandinavian Airlines (SAS), has refused a request by the carrier for an injection of much-needed cash as part of a major restructuring deal announced in February. Both the Swedish and Danish governments have a 21.8% equity stake in SAS and  Swedish industry minister Karl-Petter Thorwaldsson told a news

JetBlue Airways Corp (JetBlue) has substantially increased its offer for ultra-low-cost carrier Spirit Airlines (Spirit), ahead of this Friday’s shareholder vote with respect to Frontier Group Holdings’ (Frontier) offer for Spirit. JetBlue is trying to woo Spirit’s current staff with the promise of better pay and benefit, additional jobs, no furloughs and improved career development,

The UK Competitions and Market Authority (CMA) has concluded its investigation into the acquisition of Babcock’s UK, Denmark and Australian operations by the U.S.-based operator CHC Group (CHC). As a consequence, the CMA has informed CHC it must divest itself of all UK-related oil and gas operations, citing the acquisition’s adverse effect on rivalry. CHC