JetBlue Airways Corp. made a hostile $3.3 billion cash bid for Spirit Airlines Inc., appealing directly to shareholders in an effort to prevail over a rival offer for the discount carrier by Frontier Group Holdings Inc.
Air Freight News | May 13, 2022 | Air Cargo | Airlines
With sustainability becoming an increasingly pressing issue, Air France and KLM have recognised that genuine change will only happen if the entire aviation ecosystem works together to transform our industry.
A lawyer for American Airlines Group Inc. urged a jury to award the carrier almost $300 million in overcharges and lost profits, arguing that Sabre Holdings Corp. illegally dominated the market for booking airline tickets.
South Africa’s government has retained special voting rights in the country’s national carrier even after selling a majority stake, and will be given 3 billion rand ($186 million) in preference shares that can be redeemed through future cashflow.