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...QantasO: 8; L: 8; I: 7; Total: 23The Australian airline’s legal team developed the agreement for its Sustainable Aviation Fuel Coalition, a corporate membership programme set up in 2022....
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...The positive outlook was shared by Shai Weiss, chief executive of Delta’s joint-venture partner Virgin Atlantic, who said that sales have snapped back after taking a hit at the start of the war....
...Sir Richard Branson has given Virgin Atlantic a cash injection in a £400m funding round to support the airline as the outlook for the travel sector darkens....
...“We expect we’ll have a good summer internationally in the north Atlantic,” he said. Travel to Asia and other parts of the world, however, “may not recover until sometime in 2023 or beyond”....
...American Airlines, Virgin Atlantic and aircraft leasing group Avolon have made preliminary commitments to buy up to 1,000 electric air taxis from a British start-up in the biggest sign of a radical shift...
...Utah-based Breeze Airways, which bills itself as “the world’s nicest airline”, has been set up by JetBlue founder David Neeleman, while Houston-based Avelo Airlines was founded by former United Airlines...
...The carrier intends to take on British Airways and Virgin Atlantic as a low-cost rival in the lucrative long-haul transatlantic market....
...The gains were led by economically sensitive industries, including energy and materials groups, bank stocks, big industrials goods companies and airlines....
...Virgin Atlantic’s chief executive Shai Weiss told the Financial Times he expects the corporate travel market to shrink, and that his airline’s premium seats will be filled by leisure travellers who have...
...For some of the world’s biggest airlines, the sweetest sound will be the roar of jet engines returning over the north Atlantic....
...Closer to Earth and much greener, Sylvia Pfeifer reports American Airlines, Virgin Atlantic and aircraft leasing group Avolon have made preliminary commitments to buy up to 1,000 electric air taxis from...
...The route has been among the busiest and most profitable for carriers including British Airways and Virgin Atlantic, and is a priority for US airlines working to open up such corridors, which could exempt...
...Additional reporting by Koya Jibiki and Yasuo Takeuchi A version of this article was first published by Nikkei Asia on February 2 2021. ©2021 Nikkei Inc....
...United Airlines shares climbed over 16 per cent, Delta Air Lines increased 14 per cent and Southwest Airlines rose 5 per cent....
...Norwegian paid the price for its rapid expansion, especially into the low-cost long-haul business across the Atlantic and to Asia in recent years, which led to its debt load spiralling....
...“Not all airlines around the world will.”...
...Latam Airlines and Grupo Aeroméxico have both filed for bankruptcy protection, while Delta wrote down its investment in Virgin Atlantic by $200m....
...The chief executive of Norwegian Air Shuttle on Friday said he was confident the government in Oslo would rescue the embattled low-cost airline....
...Though the future remains as uncertain as the latest trending miracle vaccine, one thing is clear: big banks on both sides of the Atlantic enter the latter half of 2020 in a stronger position than they did...
...Virgin Atlantic CEO Shai Weiss was one of the first to take a temporary pay cut. IAG’s Willie Walsh and others have followed suit....
...He was monitoring Brexit negotiations but said he was “not overly concerned” about their potential impact on the company, which owns a substantial stake in Virgin Atlantic Airways....
...It has a popular north Atlantic business rivalling BA’s, but analysts believe it is lossmaking, given its low fares....
...Lufthansa previously confirmed it had registered a bid for Thomas Cook’s airline and Virgin Atlantic has also been linked to the sale....
...The airline has wowed passengers in the US with free snacks, more legroom and free television on flights....
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