Airline News

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Norwegian Air Cashes in on Sale of Slots at London Gatwick

Norwegian Air's metamorphosis from a long-haul disruptor to a Nordic budget carrier took one more step as the airline seeks to sell its valuable takeoff and landing slots at London's Gatwick Airport. There will be no shortage of takers for the slots at the popular airport, and Norwegian is raising hundreds of millions of dollars off the sale.
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Air France-KLM Cautious on Potential Bid for Italy’s ITA

Air France-KLM is barred from investing in other airlines until it has paid back the billions in state aid it took from the French and Dutch governments. But even still, the Franco-Dutch group says it is not in any rush to invest in Italy's ITA.
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AirAsia Plans to Add 100 Air Taxis to Ridesharing Platform

Electric air taxis have captured airlines' attention by offering them a solution to the last-mile of travelers' trips, and meeting carbon emission targets. AirAsia is the latest to jump for the technology with a big commitment for the proposed planes.
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Airbus Predicts Return of Strong Asia-Pacific Demand Post-Pandemic

The airline industry believes travel demand won't recover in the Asia-Pacific region until at least 2024, but when it does, it's expected to come back strong. Airbus believes the region will account for almost half of all new aircraft through 2040, fueled by rapid economic growth and demographic changes that will see the region's middle class expand by more than 1 billion people.