Dark/Light Mode (15/08/24) EL AL Israel Airlines has finalized an agreement for up to 31 Boeing 737 MAX jets, supporting the airline’s plans to renew its fleet of 737 airplanes. EL AL’s 737 MAX order follows its purchase earlier this year of three additional 787-9 airplanes with options for six more as the flag carrier … Read more
“ According to Bloomberg News, Elliott Investment Management and Southwest Airlines have initiated discussions regarding a potential settlement to avoid a proxy fight for control of the airline’s board. Sources familiar with the matter revealed that Elliott has proposed a framework that would grant it representation on Southwest’s board without full control. The talks are … Read more
The new route from Manchester Airport to Tel Aviv will operate twice a week by Arkia Israeli Airlines, with the first flight taking off this week. The company’s website allows customers to book return journeys departing from the UK on a Monday or Friday, promoting the Israeli capital as a tourist destination. The UK Government … Read more
Spirit Airlines is facing financial challenges as it approaches a deadline to refinance over $1.1 billion in debt. The airline’s shares closed at a new low on Friday, falling by approximately 3% to less than $1.50 per share. The company had extended the deadline with U.S. Bank to Monday, after initially setting it for September. … Read more