Airline News

European low-cost carriers are moving in to claim market share as their larger rivals struggle to return to their pre-pandemic size. The discounters are facing off this summer in Southern European leisure destinations.

Electric aviation got another vote of support from JetBlue Technology Ventures. The venture capital arm of its namesake airline is investing in a battery systems developer that could become a leader in powering the many electrified aircraft in development today.

Good morning from Skift. It's Friday, April 1, in New York City. Here's what you need to know about the business of travel today.

Could India's Jet Airways be ready for a comeback? The airline had global ambitious before going belly-up in 2019, before the pandemic. But now, a consortium of investors say the carrier is all set to relaunch.

Amadeus had signaled it was considering acquisitions to expand its tools. This deal will help it compete in serving budget carriers with technology.

Russia's move to seize foreign-owned leased aircraft will cost AerCap around $3.5 billion. Even if it got the aircraft back, the lessor doesn't know what condition they will be in and if they can be redeployed at non-Russian airlines.

European airlines remain bullish on summer travel even with a war on the continent. But that's not to say risks don't exist, particularly the closer to the conflict that an airline flies.

Air France-KLM continues to lead on female leadership in the airline industry. Rail executive Marjan Rintel will become KLM's first female CEO when she succeeds outgoing Pieter Elbers in July.

Delta CEO Ed Bastian, who left the company briefly in 2005, loves to tell the story about why he quit. At the time, Delta was pursuing a discount strategy that he didn't like. Not long after he returned, Delta made aggressive moves for premium traffic, which has made it considerable money since with new efforts under way.

Startups Breeze Airways and Avelo Airlines are rivals, a competition that is now igniting a battle in the relatively sleepy aviation state of Connecticut, where two airports just 56 miles apart, Hartford and New Haven, are being pitted against one another over expansion demands from the two carriers.