Monarch Aircraft Engineering Limited (MAEL) has terminated its contract to maintain Flybe aircraft after concerns about the airlines ability to pay. Flybe, which recently put itself up for sale, is reportedly short of available cashflow following a downturn in profits and sources close to situation said that MAEL had asked [read more]
Irish budget airline Ryanair has released figures showing its passenger numbers grew by 11% in November compared the same period last year. The figures show the airline is maintaining high load factors of 96% following a tumultuous year for the airline which saw its profits hit by industrial action by [read more]
The parent company of Frontier Airlines, Indigo Partners, has said it plans to buy a stake in struggling WOW Air following the collapse of the takeover bid from Icelandair. The US based private equity firm already owns a stake in several budget airlines including European carrier Wizz Air. WOW Air [read more]
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