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El Al to acquire smaller Israeli rival airline Arkia

Israeli flag-carrying airline El Al has announced it has entered into a non-binding memorandum of understanding (MoU) to purchase its smaller competitor, Arkia. The move comes after El Al was forced to cut down its operations, including trimming its workforce by one-third, cancelling routes and reducing its all-Boeing fleet to 29 from 45 planes as

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Aeromexico escapes bankruptcy with new controlling shareholders

As one of three Latin American carriers which have filed for bankruptcy protection since the outbreak of the COVID-19 pandemic, Aeromexico has received court approval for its restructuring plan. “I could not be more pleased to tell you the plan of reorganization is confirmed,” U.S. Bankruptcy Judge Shelley Chapman commented after the agreement to pay

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United officially opens United Aviate Academy

United Airlines has officially opened its United Aviate Academy on January 27 and welcomed a historic inaugural class of future pilots, 80% of whom are women or people of colour. United Aviate Academy is a key part of the airline’s goal to train about 5,000 new pilots at the school by 2030, with at least

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Schiphol Amsterdam Airport

Major airline and airport alliance challenges EU climate legislation

An alliance of approximately 20 European airlines and airports, including all Lufthansa subsidiaries, Air France-KLM, Frankfurt and Schiphol airports, have challenged the EU’s climate change legislation that was presented last July. The major complaint is that the overarching consequence will disadvantage European carriers and airports against their non-European rivals. However, the alliance has made it

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