United Airlines has delayed its emergence from bankruptcy reorganisation until the middle of the year. When it filed in December 2002, United estimated it needed 18 months to restructure, but a key barrier remains in its pension obligations. United hopes to win congressional relief on retirement fund payments, which is crucial to winning a $1.6 billion federal loan guarantee.
Source: Airline Business
Southwest Airlines will end its signature “open” seating model and offer premium seating options as it seeks new revenue sources to address concerns around the business’s performance.
Berniq Airways has placed a firm order for six A320neo-family aircraft, Airbus confirmed during Farnborough air show on 23 July.
Turkish Airlines aims to begin rolling out its new business-class suites next year on 777s
