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Tag: airlines

Increased Regulations for North Atlantic Joint Ventures

There is an uncertainty ahead for previously formed airline joint ventures as a result of Brexit. The potential exit of the UK from the European Union is to increase the regulations regarding North Atlantic joint ventures. The airlines which are currently in joint ventures can only synchronize prices and flight schedules after receiving regulatory immunity […]

Jetlines to Receive a Financial Injection from SmartLynx

Jetlines will be receiving a new financial injection from a leading airline based in Europe that will contribute to the development of the company. The carrier has officially signed a subscription agreement with SmartLynx Airlines SIA for the financial support of $15 million. The company’s dedication to financially supporting Jetlines serves as evidence that Canada […]

September 2018 Passenger Traffic for Asia Pacific Airlines

The Association of Asia Pacific Airlines (AAPA) has released information on the passenger traffic performance of Asia Pacific Airlines for September 2018. The report shows a significant growth in passenger demand in international air travel, both for passenger and cargo services. Overall, Asia Pacific increased the number of international travelers by 5.9% in comparison to […]

Predicted Bankruptcy for Five EU Airlines 2018-2019

According to the Lithuanian businessman, entrepreneur, business consultant, and expert in a number of other fields, Gediminas Ziemelis, at least five medium-size European airlines are to fail and announce bankruptcy between 2018 and 2019. The industry showed a slowdown phase from 2004 to 2015, when the US airline industry witnessed a large number of mergers […]