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Putin allows Russian airlines to fly $10 billion worth of foreign-owned planes domestically
Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Foreign aircraft lessors seeking to recover some $10 billion worth of planes from Russia were dealt a new blow Monday when President Vladimir Putin signed a law clearing the country’s airlines to fly the planes […]
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JetBlue founder’s start-up Breeze Airways plans to nearly double its routes, add cross-country flights
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florida, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways on Tuesday said it plans nearly double its network to 77 routes this spring and summer, […]
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Russia’s invasion of Ukraine is driving up air cargo costs
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images The cost of transporting goods by air has surged since Russia’s invasion of Ukraine last week, just as consumers are already grappling with the fastest pace of inflation in nearly 40 years. Carriers, including KLM Royal […]
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Airline software giant ends distribution service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated a global distribution agreement with Russia’s Aeroflot, crippling the country’s largest airline’s ability to sell seats. The Texas-based airline software giant provides ticket distribution and reservation services for carriers […]
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