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5 results for "airline industry"
Nigerian airlines struggling to acquire planes just got a major breakthrough. The government and African Development Bank are launching a new leasing company to help local carriers access aircraft financing more easily.
A voice actor wants to buy bankrupt Spirit Airlines and run it like the Green Bay Packers, where regular people own and vote on decisions. Nearly 150,000 supporters have already signed on in just two days.
When Spirit Airlines suddenly shut down this weekend, major US carriers turned a crisis into opportunity by hiring stranded employees and helping abandoned passengers. It's a rare moment of solidarity in the competitive airline industry.
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FlySafair, Africa's most punctual airline, secured a last-minute deal with infrastructure firm Harith to solve a regulatory crisis that threatened to ground all its flights. The partnership ensures the beloved budget carrier keeps flying while meeting South African ownership requirements.
Delta Airlines just handed out $1.3 billion in profit sharing checks to its employees, giving workers up to five weeks of extra salary. It's the largest payout in the airline industry and continues Delta's tradition of sharing success with the people who make it happen.