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IHG Invests in Texas Portfolio

InterContinental Hotel Group is going big in the Lone Star State, growing its portfolio with 14 new properties in 2024, covering business travel needs from airport...

IAG Terminates Agreement to Acquire Air Europa

International Airlines Group has terminated its February 2023 agreement with Globalia to acquire for €400 million the remaining 80 percent stake in Spanish carrier Air Europa,...

SEB Completes AirPlus Acquisition, Names New CEO

Swedish bank SEB Kort has completed its acquisition of AirPlus and has named Mads Krumhardt Enggren, the bank's managing director, as its new CEO.SEB's...

Lufthansa launches ‘turnaround’ plan following H1 loss

Lufthansa Group posted a €265 million loss for the first six months of 2024, citing increased operating costs, aircraft delivery delays resulting in inefficiencies...

Boeing Names Ortberg its New CEO

Boeing has named Robert "Kelly" Ortberg as its new president and CEO, effective Aug. 8, the company announced Wednesday. He will replace Dave Calhoun,...

Air New Zealand axes 2030 carbon target and withdraws from SBTi

Air New Zealand has dropped its 2030 target to reduce carbon intensity from its operations, as well as withdrawing from the Science Based Targets...

Qantas joins SAF Alliance with $50M commitment

Qantas has joined the Sustainable Aviation Fuel Financing Alliance fund with a commitment of US$50 million (A$75 million), the carrier announced on Wednesday (24...

Air France-KLM downgrades capacity outlook amid higher costs

Air France-KLM has downgraded its full-year capacity outlook amid higher operating costs and the “negative” impact of the Olympic Games in Paris, as international...

Finnair adds frequencies between Helsinki and Heathrow

Finnair in October will increase flights between Helsinki and London Heathrow to six times daily in each direction, up from the current schedule of...

Europe’s airlines and airports recover after IT outage

Europe’s airports have been getting back to a more normal level of cancellations after their systems were hit by the global IT outage on...

EU’s Entry-Exit System delayed yet again

The EU’s new Entry-Exit System (EES) has once again been delayed – and is now set to be introduced in November 2024, a month...

Milan airport renamed after contentious former PM Berlusconi

Italy’s Milano Malpensa airport, the country’s second busiest air hub, has been officially renamed after the scandal-prone former Italian prime minister Silvio Berlusconi. The airport...

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