Monarch ties up rescue deal

Monarch Holdings Limited announced the completion of its strategic review and restructuring programme under which it has secured £125 million of permanent capital and liquidity facilities provided by Greybull Capital anchored by a £50 million capital commitment, with contributions from the Group’s prior shareholders, principally the Mantegazza family. Greybull also acquired 90% ownership interest in … Read more

Virgin America to codeshare with China Airlines

Virgin America announced the implementation of a codeshare arrangement with China Airlines that will offer customers seamless bookings and travel between Taipei, Taiwan, elsewhere in Asia and multiple destinations across the United States. The new codeshare agreement, the fourth for the California-based airline, involves China Airlines placing its two-letter airline code (CI) on a range … Read more

Lufthansa to fly to Aalborg and Reykjavik

Lufthansa is to expand its services in next year’s summer flight timetable. From 29 March 2015, the airline will be operating a new route from Frankfurt Airport to Aalborg in Jutland, Denmark, with 14 flights a week. The commercial and university city will be Lufthansa’s third destination in Denmark, after Copenhagen and Billund. The airline … Read more

Etihad Cargo to partner with Avianca Cargo

Etihad Cargo will partner with Avianca Cargo through a commercial agreement to deploy a freighter flight from Milan’s Malpensa Airport to Bogotá and from Bogotá to Amsterdam. The new service will operate twice a week beginning 12 November 2014, providing an important cargo connection between Europe and South America. The flights will also facilitate seamless … Read more

Etihad Airways to increase frequency to Dallas

Etihad Airways, the national airline of the United Arab Emirates, will increase the frequency of its new service to Dallas/Fort Worth in the United States to daily from 16 April 2015, to meet flourishing demand from business and leisure travellers on the ultra-long-haul route. Dallas/Fort Worth, located in the state of Texas, will be introduced … Read more

American Airlines and Jetstar Japan announce codeshare

American Airlines customers will have greater access to domestic Japanese destinations starting on October 22, 2014, thanks to a new codeshare agreement between American and Jetstar Japan.  Under the new arrangement, American Airlines will place its ‘AA’ code on services operated by Jetstar Japan between Tokyo Narita International Airport and Fukuoka, Matsuyama, Okinawa (Naha), Osaka (Kansai) and Sapporo (Shin Chitose), with first … Read more