Air Canada has concluded a cut price deal to acquire Air Transat. The flag-carrier will now acquire all shares in the smaller airline for C$5 each.
More than half (55%) of all small travel businesses in the U.S. are at risk of either taking longer than six months to recover or never recovering at all.
Two key Republican senators on Monday introduced legislation that would authorize $28.8 billion in payroll assistance to avoid thousands of airline industry layoffs set to begin on Oct. 1.
Delta Air Lines and LATAM Airlines Group have received regulatory approval for their trans-American joint venture from Brazil’s competition authority.
Thomas Cook is back and this time around with a different business model. The British tour operator relaunched on Wednesday as an online-only venture.
The United Kingdom is experiencing an air transport crisis, which threatens to put more than 820,000 people out of work across the entire UK economy, IATA said.