Airline News

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Cathay Pacific’s Troubles Embodied in Hong Kong Loan Extension

While airlines around the world and even elsewhere in Asia plot their recovery strategy and add back flights, Hong Kong's Cathay Pacific may have to avail itself of more state aid. The struggling airline flew just 2 percent of its pre-pandemic passengers in April.
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JetBlue Ups Hostile Offer for Spirit Airlines to $3.4 Billion

JetBlue is raising the ante in its bid for Spirit Airlines in advance of the June 10 shareholders vote on the rival offer from Frontier Airlines. Spirit's board continues to recommend that shareholders vote for the Frontier offer.
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Elbers Exits KLM

Two years ago, industry analysts warned that airlines without domestic markets would be the first in a wave of airline bankruptcies and liquidations — then thought likely — due to the…