The agreement capped a months-long bidding war and arrives one day after Spirit’s attempt to merge with fellow budget carrier Frontier Airlines fell apart.
While the aviation industry attempts to clear our skies with zero-emission flights, there are some challenges electric planes need to overcome to transition to a carbon-free future.
Covid-19 has infected more than 250M people and killed over 5M worldwide. Here are coronavirus-related developments for November 7:
An hour-long blackout struck several US airlines, Australian financial firms and other global companies, with the problem traced to US-based tech provider Akamai.
The restrictions come a day after Belarus forced a Vilnius-bound plane to land in Minsk and arrested a journalist on board, drawing strong international criticism.
The US Justice Department says former employees of United’s cargo division falsified parcel-delivery information allowing the airlines to collect millions of dollars in payments.
The settlement includes a criminal monetary penalty of $243.6 million, compensation of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the legal beneficiaries of the passengers.
With most countries worldwide making Covid-19 tests mandatory for passengers travelling by air, some are worsening the already- strained situation by obtaining fake health certificates on the black market.
Europe's largest airline has said in a letter to employees that it is now "harder than ever" to predict how the aviation industry will develop, given there is little clarity over how long travel warnings would be applied.
The moves by two of the nation's four biggest airlines represent the first — and likely the largest — of involuntary job cuts across the industry in coming days.
The global aviation body says it will take longer for airlines to fill planes again - revising its earlier more optimistic forecasts.
Lufthansa shares jumped as much as 20 percent after its top shareholder dropped his objections to a $10 billion government bailout.
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