German airline company Lufthansa announced appearance from August 2nd on regular basis sleeping accommodations in the economy class on long-haul flights. During payment of the fee from 159 to 229 euro for one flight passenger may come into possession block of three or four seats, mattress, pillow and plaid like in business class. Safety in case of turbulence will ensure special belts that fix passenger…
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Low-cost airline companies win Asian market against full-service airline companies. In India low-cost airline companies make 69 % of the market. The model of low-cost transportation appeared to be significantly much stable to the conditions of the pandemic market and gives serious advantages over full-service airline companies during the period of recovery after COVID-19 pandemic. To such conclusion come industry experts supervising development of the…
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The airline company informed that to the end of 2021 they intend to return one more part of the government aid in amount of 1 billion euro. The biggest German airline company Lufthansa returned part of the government aid in amount of 1.5 billion euro allocated for covering expenses caused by coronavirus pandemic – the declaration of the air carrier says. “With today’s termination of…
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German air carrier Lufthansa and Britain airline company easyJet achieved positive decision of the European Court on the transaction that was concluded four years ago that assumed acquisition of the assets of Air Berlin airline company that was declared bankrupt. In 2017 Lufthansa obtained received authorization of the European Committee to buy Air Berlin LGW division, the same time competition agency of the European Union…
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The biggest Italian air carrier Alitalia was officially liquidated in the framework of bankruptcy procedure. From October 15th flights will be made by created during reorganization process company Italia Transport Aereo (ITA). It will receive fleet of 52 airplanes and number of the employees will be reduce from 10 thousand to 2.8 thousand people. The Alitalia brand and historical codes of the flights AZ will…
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Indian government on Friday, October 8th, announced sale of the airline company Air India to the Indian transnational company Tata Group – the biggest manufacturing conglomerate of the country that acted through subsidiary company Talace Pvt. As “Times of India” newspaper informs the transaction amount made 180 billion rupee (more than 2.4 billion USD). The next step will be signing protocol of intentions and agreement…
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For the not-used voucher can be requested refund. According to the data of European Commission major part of the companies who participated in the agreement agreed that not-used vouchers from passengers that have been issued on the early stages of the pandemic can be refunded if passenger wants it. Besides, passengers who booked flight through an agent and experience difficulties in getting refund can address…
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Which airline companies will return money for tickets in timely manner? On the first stage of the pandemic when almost all flights were cancelling and the borders were closing, European airline companies refused to return money to passengers for the flights that haven’t took place offering as compensation vouchers. Such policy of the carriers infringed European Union rules On Protection of Consumers’ Right. In February…
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Investments will allow ASG to the next phase of development. Lithuanian multi-business aviation holding Avia Solutions Group (ASG) signed strategic partnership with American investment company Certares Management that will provide refilling of the shared capital for total amount of 354 million USD. Several company employees will be included into ASG board of directors. Certares company specializes in the tourism, travels and hospitality. In such a…
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Their cost will make 1.47 trillion USD. American aviation company Boeing to 2040 plans to sell to Chinese airline companies 8.7 thousand airplanes with total cost of 1.47 trillion USD – the press release published on the company’s web-site says. According to the forecasts of the corporation in the nearest 20 years PRC will have to increase number of employees in the area of air…
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