Air France-KLM’s CEO announced plans to increase the airline group’s stake in Scandinavian Airlines (SAS), signaling a strategic move to strengthen its foothold in the Nordic market. This initiative underscores Air France-KLM’s commitment to regional growth and consolidation.
Air France-KLM shares soared to a five-year high following the airline’s unexpected profit surge, as reported by Reuters. The airline attributed its success to robust travel demand and improved operational efficiency, signaling a strong recovery in the aviation sector.
Italy’s SkyAlps has resorted to wet-leasing aircraft due to its grounded fleet, affecting operations and routes. This strategic move aims to mitigate disruptions and ensure continued service amidst challenges in maintaining its own fleet.
Air India has announced plans to expand its international network with new flights to the Philippines and Indonesia. This move aims to enhance connectivity and cater to growing travel demand in the Southeast Asian region, marking a significant development for the airline.
Italy’s upcoming March 8 general strike is set to disrupt flights to and from the UK, causing significant travel disruptions. Passengers are advised to check with airlines for updates and potential cancellations as the situation unfolds.
Air France’s CEO has announced the airline’s readiness to submit a bid for Portugal’s TAP Air Portugal. This potential acquisition reflects Air France’s strategic growth plans amid the evolving European aviation landscape. Further developments are anticipated.
Australia’s flagship airline, Qantas, has declared its first dividend in over five years following a significant rise in profits. The decision marks a positive shift for the airline as it continues to recover from the impacts of the pandemic.
