Iberia owner IAG still has big ambitions for Madrid as a hub – and potentially in the M&A sphere – after announcing the termination of its deal to acquire the remaining 80% of Spanish carrier Air Europa
Allegiant Air is still waiting for its first Boeing 737 Max, which could be a blessing in disguise as it manages through the challenges facing the US low-fare air-travel market.
Our regular rundown of the biggest airline stories from the past seven days
Two days after introducing products to attract “premium leisure” travellers, Spirit Airlines says it has deferred deliveries of new Airbus jets and is furloughing pilots, moves coming as Spirit continued bleeding cash in the second quarter.
Wizz cited “lower close-in pricing” amid competitive pressure caused by Ryanair’s “unprecedented” fare reductions in recent weeks, prompting it to lower its unit revenue and full-year profit guidance.