- Boeing Shares Fall As Jet Crisis Deepens[Oct. 23, 2019]
Boeing's stock slid 3.76 percent on Monday after messages surfaced in which the company's chief technical pilot for the 737 Max and a colleague discussed problems they encountered with the plane's anti-stall system while testing it on a flight simulator.
- S&P Cuts Boeing Outlook to 'Negative' on Fresh 737 MAX Concerns[Oct. 23, 2019]
S&P Global Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Tuesday, after reports that the planemaker may have misled the U.S. Federal Aviation Administration about problems with the anti-stall software on its grounded 737 MAX jet.
- Sabre Announces Acquisition of Radixx[Oct. 16, 2019]
Sabre Corporation, the leading technology provider at the center of the business of travel, today announced its acquisition of Radixx, a leading airline retailing software provider with an established presence in the low cost carrier (LCC) space. LCCs have grown twice as fast as full-service carriers over the past five years and now total nearly 30 percent of global passengers boarded annually.[1] Sabre expects the acquisition to help the company offer retailing, distribution and fulfillment capabilities to serve this rapidly expanding market. Radixx's signature products are a best-in-class LCC passenger service system (PSS) and internet booking engine (IBE).
- Atlantia Gives Conditional Green Light to Investment in Alitalia[Oct. 16, 2019]
Italian infrastructure group Atlantia said on Tuesday it was ready to take part in the rescue of flagship carrier Alitalia, provided a number of conditions were met.
- Alitalia Gets Qualified Thumbs-Up from Atlantia, State Railways[Oct. 16, 2019]
Italian loss-making airline Alitalia won a commitment from toll-road operator Atlantia and state railways Ferrovie dello Stato (FS) on Tuesday to come to its rescue provided a number of conditions were met.
- BOC Aviation: Operational Data for the Third Quarter Ended 30 September 2019[Oct. 11, 2019]
BOC Aviation Limited announces its operational transactions for the third quarter ended 30 September 2019 and as at 30 September 2019:
- Avianca to Get US$200 Million Loan Promised by United, Kingsland[Oct. 08, 2019]
Latin American airline Avianca said on Monday it will receive a US$200 million loan from controlling shareholders United Airlines and Kingsland Holdings Limited after it successfully exchanged hundreds of millions of dollars in bonds.
- British Airways Owner IAG Warns of Profit Hit from Pilot Strikes[Sep. 26, 2019]
British Airways owner IAG warned on Thursday full-year operating pretax profit will be 215 million euros lower than last year, as major pilot strikes grounded thousands of flights.
- Slovenia's Adria Airways Grounds Flights Due to Shortage of Cash[Sep. 24, 2019]
Slovenia's Adria Airways has cancelled almost all of its flights for Tuesday and Wednesday, potentially affecting around 3,700 passengers, because it has been unable to access cash to continue flying, it said on Tuesday.
- Italy's Conte Calls on Delta to Commit More to Alitalia[Sep. 21, 2019]
Delta Air Lines should consider increasing its planned investment in the rescue of Alitalia, Italian Prime Minister Giuseppe Conte said on Saturday as talks over the relaunch of the Italian flagship carrier drag on.